Sacramento, CA (Hyatt Regency Sacramento)
Finance staff interested in learning the fundamentals of risk assessments for treasury and management operations
The GFOA’s Committee on Treasury and Investment Management (TIM) has developed a process for measuring and managing risk in treasury operations. The process is based upon a framework developed by the Committee of Sponsoring Organizations of the Treadway Commission (COSO), an organization of professional associations originally formed to support the National Commission on Fraudulent Financial Reporting but now providiesng leadership in enterprise risk management. This course focuses on how the COSO framework can be applied to state and local government’s Treasury and Investment Operations. Students Attendees will learn how to use a basic spreadsheet tool developed by the GFOA and the TIM Committee to identify and mitigate risk in their treasury and investment operations. Trainers will use scenarios based on actual government processes to highlight the application of the COSO based framework.
- Develop basic understanding of risk assessment methodologies
- Develop basic understanding of COSO framework
- Learn how to apply a risk assessment model in a real world treasury operation scenario