Risks are an essential part of all businesses. Firms that develop a disciplined strategy to understand and manage risks have a distinct advantage over their competitors, including both higher returns and lower cost of capital. This course provides an overview of the concepts of corporate enterprise risk management from the perspective of a finance and accounting organization, emphasizing the integration of risk management and corporate strategy. The course starts with an overview of the types of risks businesses face, and then discusses best practices in risk assessment and enterprise risk management, including the COSO Enterprise Risk Management framework. The linkage of corporate governance and risk management is explored, including a discussion of key findings from a New York Stock Exchange (NYSE) commission on corporate governance. This course covers the Enterprise Risk Management material published in the content specification outline for the Certified Management Accountant (CMA) Part 2 examination. Topics include: • Overview of Risk • Basics of Risk Management • Enterprise Risk Management • COSO framework for Enterprise Risk Management. • Corporate Governance and Enterprise Risk Management Field of Study: Management Services