Course Description

Facing the uncertain business environments, when gloomy sentiments such as the COVID-19 situation and the fear of an impending war, are you equipped with good understanding of Enterprise Risk Management (ERM) to comply with regulatory requirements and provide insights to manage your company’s risks?

This course refreshes participants’ knowledge on the available ERM resources to better analyse a company’s position and apply suitable risk management practices. Click and Learn! You will learn the importance of ERM and fundamental concepts by exploring the interrelated components and key principles in the commonly used international ERM standards, real-life examples and engaging in interactive learning activities.

Course Outline

• Introduction
• Pre-course Quiz Time! How much do you understand ERM?
• Misconceptions about ERM
• What is ERM? What constitutes risk?
• Importance and benefits of ERM
• Regulatory requirements for ERM
• Commonly used International ERM Standards
• COSO ERM Framework
• ISO 31000 Risk Management Framework
• Overview of ERM process
• Risk assurance
• Three Lines of Defence model
• ERM in practice
• How ERM can affect us directly?

Learning Outcomes

After this course, you will achieve the following objectives:

• Explain what ERM means
• Develop a fundamental understanding of key ERM concepts
• Identify regulatory requirements related to ERM
• Identify commonly used international ERM standards
• Relate to risk management on a more personal level

Competency Mapping

CPE Category 'Others' = 1.5 CPE Hours

Viewing of E-Learning Course

Please note that this e-learning course is optimised for desktop browsers and may not be compatible with the web browsers of mobile devices and ISCA mobile app. We would encourage you to view and complete this e-learning course using your computers and laptops.