Enterprise Risk Oversight for Directors (RSK)

Understand how to better identify and address critical risks, how risks are interconnected and recognize the potential compounding effects of risks.

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Today's boards face a multitude of evolving threats that demand a forward-thinking approach to risk oversight. Cybersecurity vulnerabilities, emergent threats in emergency preparedness, supply chain disruptions, geopolitical tensions, and the challenges of managing reputation in a digital era are just a few of the critical issues requiring boards to adopt a proactive approach to risk oversight.

As the spectrum of risk oversight extends beyond traditional strategic and operational considerations, boards are increasingly confronting heightened shareholder and stakeholder engagement, along with rising activism, particularly in areas of environmental, social, and corporate governance (ESG). These shifts necessitate a more dynamic and involved approach from boards in overseeing risk management processes.

Developed in partnership with CPA Canada, and based on CPA Canada’s A Framework for Board Oversight of Enterprise Risk, Enterprise Risk Oversight for Directors will equip you with a greater awareness of the board’s role, including value creation, and how to engage in the risk oversight process constructively.*

Understand how to better identify and address critical risks, how risks are interconnected and recognize the potential compounding effects of risks. Expert faculty will guide you through modern-day case studies and exercises where you will apply the concepts of the framework in circumstances that organizations may face today.

*Reprinted with permission from A Framework for Board Oversight of Enterprise Risk, Copyright © 2022 John E. Caldwell, CPA by Chartered Professional Accountants of Canada. All rights reserved by copyright owner.

Price

ICD.Ds: $950 plus applicable taxes
ICD Members: $1050 plus applicable taxes
Non-Members: $1,500 plus applicable taxes

Non-Members who apply for admission into any short course will receive a one-year ICD membership (value of $450).

Refund Policy

Current Offerings

City	Course	Application Deadline	Deadline Time	Course Offering	Course Time
Online	RSK10	January 9, 2025	4:30 PM ET	January 30, 2025	10:00 AM to 3:00 PM ET
Online	RSK11	May 6, 2025	4:30 PM ET	May 27, 2025	0:00 AM to 3:00 PM ET

More about the course

After completing all components of the course, participants will:

Enhance awareness of the purpose and value of enterprise risk management.
Know how the board should effectively govern the oversight of an organization’s risk management.
Acquire a practical framework to oversee enterprise risk, specifically designed for boards of directors.
Implement this framework to ensure proactive risk management processes are in place and functioning effectively.
Determine why an organization’s risk appetite and culture are essential and how to oversee them successfully.
Understand how to identify and assess risks and assign accountabilities to mitigate corporate risk.
Apply proven risk mitigation techniques to manage emerging risks, such as ESG-related risks.
Qualify for 8 CEUs toward the annual requirement to retain their ICD.D designation

Participants will obtain the knowledge and insights to fully comprehend the role of the board in enterprise risk management today. Participants will also develop their capacity to evaluate how risks interrelate and assess how this may impact the organization.

This program uses a blended online learning structure that weaves together best practices in adult education with opportunities to engage with peers. The structure includes:

Independent online learning (five to six hours)This is a critical component of the course (and includes an e-learning module, videos, readings, and more). It introduces key concepts and will prepare participants for effective participation in the live session and ensure they are ready to apply learnings from the course to their board work. The required independent learning should be completed prior to the live session. It is meant to be completed at a pace that works best for each participant.

Live, instructor-led session (approximately five hours)
This instructor-led online session will focus on the application of concepts covered through independent learning. Attendance at the live session is required for successful course completion. The live session includes class discussions, breakout group discussions and exercises, Q & A with instructors and other experts, and live interactive panel discussions.

Supplemental resources and tools
Participants will receive supplemental resources to augment the required components of their independent learning packages

Learning sustainment and engagement opportunities
Following course completion, participants will be invited to join an Alumni Portal, becoming part of a community where they gain access to tools and resources to help apply course learnings in real-life settings. They will also have opportunities to engage in discussion forums with course peers to exchange questions, ideas and experiences and apply their newly acquired knowledge and skills.

Faculty

Participants will benefit from the collective knowledge, insights and guidance of a best-in-class teaching team with diverse experience across a variety of types of boards.