Enterprise Risk Management: New Approaches for Today's Complexities – Webcast

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Mar 22, 2022

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


Member Fee: $259.00
Nonmember Fee: $309.00

Available Discounts

AICPA Member: -30.00
Full time Accounting Educator: 0.00


New risks are arising from technological change, political uncertainty, cyber-crime and increasing drivers of intangible value. It is mandatory for organizations to be proactive in anticipating and managing risks. This approach requires organizations to build a risk awareness and management culture putting increased emphasis on compliance and governance. New approaches to enterprise risk management are emerging. Revisions to COSO and ISO31000 share the ambition to integrate risk management into all aspects of the organization's activities and emphasize the importance of developing a risk culture that aligns with the organization's values and ability to handle complexity. This course will address new approaches to enterprise risk management, including recent updates to COSO and ISO frameworks with focus on managing risk in increasingly complex business environments. Core tenets of strategy development, risk culture, and performance management will be covered to help practitioners implement best practices in enterprise risk management.

Designed For

Practitioners of any level who play a risk management role in entities of any size.


  • Recognize the trends shaping risk and risk management.
  • Identify new approaches to enterprise risk management.
  • Describe revisions to recently updated ERM frameworks from COSO and ISO.
  • Identify the importance of developing a robust risk culture.
  • Determine how processes and procedures can be enhanced by using a value stream perspective for enterprise risk management.
  • Apply key risk management tenets into an entity's strategy and enterprise processes to preserve value.

Major Subjects

  • Building a risk awareness and management culture.
  • Cybersecurity/Cyber Terrorism and technology.
  • Employee recruitment, development and retention.
  • Loss of knowledge and reputation.
  • Social media issues.
  • Operational issues in risk management.
  • COSO ERM framework revisions.
  • ISO31000.
  • Risk management, revisions.
  • Useful tools and techniques in risk awareness and management.
  • Risk management in strategy development.
  • Whole-organization risk management integration.

Did you know? The OSCPA member rate for CPE courses is extended to all OSCPA members and their employees who are not eligible for OSCPA membership. Members of other state CPA societies are also eligible for member rates.

After adding the course(s) to your cart, click “Apply Discounts” and select either “This person is an uncertified staff of an OSCPA member” or "This person is a member of another state CPA society."


Ronald Kral

Ronald J. Kral, CPA, is a partner of Kral Ussery LLC, a public accounting firm delivering advisory services, litigation support, and internal audits. Ron has worked with hundreds of clients as a public accountant offering robust solutions on governance, SEC compliance, internal controls testing and remediation, IT general controls, IPO readiness, M&A transactions, valuations, COSO frameworks, and U.S. GAAP. He has both an audit and a management perspective, having signed external audit opinions, led a business unit for a large publicly traded company, and delivered numerous internal audit efforts. Specifically, he was a general manager for a large technology company traded on the NYSE as well as a principal consultant with PwC, leading operational audits and internal control projects. He began his public accounting career with a California CPA firm as a financial auditor and was responsible for signing audit opinions upon becoming managing director of the firm’s Orange County office. Ron launched his career as a performance auditor with the California State Auditor. Ron served on FEI’s working group for the development of COSO’s 2013 control framework and is a member of four of the five COSO sponsoring organizations: the AICPA, FEI, IIA, and IMA. Ron holds an MBA from Arizona State University and a BBA from the University of Wisconsin-Madison.