COVID 19 has in a very short time changed the way we do business and think about risk, resilience, and disaster planning. The lessons are being written each day as we live through this global pandemic. The role of the CPA has been front and center since the crisis hit and continues to be of integral importance if organizations are to survive. Few organizations are unscathed, many are crippled, and handful are pivoting to not only survive the crisis, but also emerge stronger.

In this course we explore five newly minted ways to think about risk management in this dynamic period of human history.

Table of Contents:
1. Rethinking our disaster plans.
2. Operating risk. 3. Liquidity risk management.
4. Culture is critical.
5. Opportunity awareness.

Learning Objectives
  • Explore and elevate the importance of disaster planning.
  • Recognize and rethink how we address operational risk management.
  • Identify and manage liquidity in a crisis situation.
  • Discover and reinforce culture in a shelter-in-place work environment.
  • Discover how to capitalize on opportunities to improve competitive positioning.
Last updated/reviewed: August 10, 2023
14 Reviews (53 ratings)

Reviews

5
Anonymous Author
Interesting content, consisting of real-world examples and personal experiences. The two presenters use a conversational teaching strategy that keeps the viewer's attention, as opposed to a lengthy lecture.
4
Anonymous Author
COVID-19 brought to light risk situations that corporations did not necessarily consider. This course expands the thinking of risks to an organization beyond the traditional risk assessment thinking.
5
Anonymous Author
Great points brought up and examples discussed throughout the course. The overall mantra of "this too shall pass" helps keep the current pandemic in scope and allows for forward thinking.
5
Anonymous Author
Very well done presentation. The risks covered are applicable to all organizations, big and small regardless of industry. The quick takeaways at the end of each section are on point.
5
Anonymous Author
A timely and insightful view into the strange conditions we are in with 5 practical and helpful tips on managing risk and surviving and thriving during the pandemic.
5
Member's Profile
I really like the classes this pair puts on. This one brought some issues to the forefront that our company should be dealing with now. Time to get to it!
5
Member's Profile
Several points were covered that expanded on obvious problems during the Covid pandemic - especially related to forced shutdowns.
5
Anonymous Author
It is a very well-structured class. The 2 instructors showed great harmony in delivering key points about the topic.
5
Member's Profile
Very good course for our current state. It provided good ideas for surviving and thieving during a pandemic.
4
Member's Profile
I felt that the course was general and further details could have been provided to the topic of the course
4
Anonymous Author
Pretty interesting overview of the topic. The slides could be a bit more professional and informative.
4
Anonymous Author
Good teaching and a very timely topic. Thanks for sharing these insights.
5
Anonymous Author
Excellent course, very well presented, and with many practical insights.
5
Member's Profile
Thank you for the great overview and upbeat presentation!
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Prerequisites
Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  Course and Instructors Introduction5:16
  Executive Competencies10:18
Top 5 Risk Management Lessons
  Rethinking Our Disaster Plans9:41
  Operating Risk8:32
  Liquidity Risk Management9:36
  Culture is Critical9:22
  Opportunity Awareness and Conclusion10:15
CONTINUOUS PLAY
  5 Ways COVID-19 Will Change Risk Thinking1:02:59
SUPPORTING MATERIAL
  Slides: 5 Ways COVID-19 Will Change Risk ThinkingPDF
  5 Ways COVID-19 Will Change Risk Thinking Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam