Risk Appetite: Getting the Board on Board
Sponsored by Protecht
This event qualifies for 1 CPE credit accredited by GRC Certify and NASBA if you meet the completion criteria (50 minutes of attendance and answer 100% of polls presented). Credit is automatically tracked to all of your OCEG / GRC Certify certifications and recorded on your CPE Transcript. You will also receive a NASBA certificate of completion by email.
Join us for this insightful webinar that takes a practical approach to how you can best get your board on board, considering best-practice approaches, the steps in the process, and the facilitation skills required to make agreement happen.
Highlights
- Determine the key steps in developing a risk appetite
- Determine the right level of education to align thinking across your board of directors
- Learn how to run and facilitate a successful board risk appetite workshop
- Identify key pitfalls and how to avoid them
- Learn what comes after board approval – the ongoing process
For any organization, developing and articulating your risk appetite is crucial in order to define and guide the degree of freedom that your employees have in taking and accepting risks.
The development of a risk appetite statement should be a joint responsibility between executive management and the board of directors (or governing body for non-commercial organizations). Ultimately, risk appetite is owned by the board, which should give sign-off and approval.
This requires the board to be "on board" with the whole process, providing input and challenges in all stages, from risk appetite development to final approval and thus needs education, facilitation, and alignment to bring everyone to an agreed view.
Join David Tattam, Protecht’s Chief Research and Content Officer, and Michael Howell, Protecht’s Research and Content Lead, for this insightful webinar that takes a practical approach to how you can best get your board on board.
Driven by the presenters’ many years of experience developing risk appetites in collaboration with Protecht clients, this webinar considers best-practice approaches, the steps in the process, and the facilitation skills required to make agreement happen.
"Risk appetite should be a tool used every day, not a document that collects dust on the boardroom shelf." David Tattam, Protecht
Speakers:
David Tattam, Chief Research and Content Officer, Protecht
Michael Howell, Research and Content Lead, Protecht
Additional Information:
Field of Study: Management Services
Prerequisites: None
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
CPE Credit Notice
This is a group internet-based event for NASBA authorized continuing education credit. OCEG webinars are free for anyone to attend, but only Attendees who have an OCEG All Access Pass will receive a Certificate of Completion for the webinar indicating 1 hour of CPE credit.
OCEG is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For information regarding administrative issues such as complaints or refunds, please contact OCEG at info@oceg.org.
