Course Description
This module explores financial risk, which all companies (regardless of industry or market) assume while doing business. It provides a basic understanding of financial risk. It then shows how financial risk may be mitigated and how to respond to stakeholders when financial risk turns into financial crisis.
Learning Objectives
- Learn about areas of corporate governance and regulatory compliance
- Identify the types of financial risk that impact companies
- Identify the steps and processes that companies take to mitigate risk internally
- Learn the government and independent organizations responsible for oversight
- Learn how communications professionals support risk mitigation
What You'll Learn
- Identify the types of financial risk that impact companies across industries and markets
- Apply the steps and processes companies use to mitigate risk internally
- Recognize areas of corporate governance and regulatory compliance
- Identify the government and independent organizations responsible for oversight
- Explain how communications professionals support risk mitigation
- Respond to stakeholders when financial risk turns into financial crisis
Key Takeaways
- All companies, regardless of industry or market, assume financial risk while doing business.
- Companies take internal steps and processes to mitigate financial risk.
- Government and independent organizations are responsible for oversight of financial risk.
- Communications professionals play a role in supporting risk mitigation and responding to stakeholders during a financial crisis.
- Corporate governance and regulatory compliance are core areas covered in understanding financial risk.
Frequently Asked Questions
What does this course cover?
This module provides a basic understanding of financial risk, how it can be mitigated, and how to respond to stakeholders when financial risk turns into a financial crisis. It includes lessons on Risk and on Corporate Governance and Regulatory Compliance.
Who assumes financial risk according to this course?
The course explains that all companies, regardless of industry or market, assume financial risk while doing business.
What will I be able to identify after taking this course?
You will be able to identify the types of financial risk that impact companies, the internal steps and processes companies take to mitigate risk, and the government and independent organizations responsible for oversight.
How does this course relate to communications professionals?
The course teaches how communications professionals support risk mitigation and how to respond to stakeholders when financial risk becomes a financial crisis.
