Enterprise Risk Management for Small and Medium-Sized Companies - NEW! - Webcast

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Oct 22, 2020

Registration: 7:30 AM / Program: 8:00 AM - 4:00 PM Pacific Time


Member Fee: $299.00
Nonmember Fee: $399.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: -149.00


All organizations operate in a risk environment; however, generally only the large for-profit organizations pay a lot of attention to risk management. Or, often they equate risk management to insurance and completely miss some of the most important things that create and affect risk. Many years ago, led by the financial industry, large companies introduced systematic analysis in evaluating risk; however, those skills have generally failed to transfer to the small and medium-sized organization. This program seeks to do exactly that. We will explore the needs and concepts of risk management showing how they equally affect both large and small companies as well as both for-profit and not-for-profit organizations. With liberal use of case studies, we will see how companies can face the issues of risk management and systematically develop a system to identify, evaluate, and mitigate those risks. It is important to note that the program is not for the experienced risk manager of the large organization, but is for the finance professional dealing with a small to medium-sized company who desires to establish or refine an integrated enterprise risk management strategy.

Designed For

CEO, controllers, and finance professionals.


  • Understand the concepts of enterprise risk management
  • Determine the nature of risk in all-sized companies
  • Avoid being blind to obvious risks facing the company
  • Rid the company of the “silo” approach to risk
  • Perform risk identifications and evaluations
  • Match risk to insurance in the most economical way
  • Maximize organizational profits through reduction and transfer of risks
  • Understand the best approaches to cyber risk

Major Subjects

  • The nature of risk in any size or type of organization
  • Risk tolerance and developing a risk plan
  • Risk identification
  • Risk evaluation
  • Risk response
  • Strategy risk
  • Financial risk
  • Marketing risk
  • Compliance and liability risk
  • Operational risk
  • Environmental risk
  • Cyber risk


Ronald Kral

Ronald J. Kral, CPA, CMA, CGMA, Las Vegas, Nevada, is the managing partner of Candela Solutions LLC, a public accounting firm with a national focus on accounting, governance, SEC compliance, and internal auditing. He is an educator, advisor, and catalyst for companies to protect and grow client shareholder value. Mr. Kral has worked with hundreds of organizations as a Public Accountant, many through Big-4 firms. He specializes in public companies registered with the SEC, as well as other types of organizations, seeking practical accounting guidance, internal controls, and risk assessments.

Ron has a balanced mix of industry and public accounting experience. Prior to forming Candela Solutions in 2003, Mr. Kral was a financial executive for a subsidiary of a multi-billion dollar company traded on the NYSE. He was also a principal consultant with PricewaterhouseCoopers leading operational audits and internal control projects. Ron began his public accounting career with a California CPA firm as a financial auditor where he signed audit opinions upon becoming managing director of the firm’s Orange County office. He launched his career as a performance auditor with the California State Auditor.

Ron is a nationally recognized speaker on corporate compliance, risk assessments, controls, SEC disclosures, auditing standards, and accounting matters. He is a lead facilitator for the COSO’s Internal Control Certificate program. Mr. Kral holds an MBA from Arizona State University and a BBA from the University of Wisconsin-Madison. He is a member of 4 of the 5 COSO sponsoring organizations; the AICPA, FEI, IIA, and IMA.

Rev. 8/17