447543-HS2023-0-An Integrated Perspective on Corporate Risk Management





Root number 447543
Semester HS2023
Type of course Lecture
Allocation to subject Business Administration
Type of exam Oral exam
Title An Integrated Perspective on Corporate Risk Management
Description This lecture is part of the topic module "Managerial Accounting for Decision Makers" and will be offered in Fall term HS2023 for the last time. The topic module "Managerial Accounting for Decision Makers" has to be terminated by Spring term FS2024. Students who want to participate must register in KSL.

What makes the topic of risk management especially challenging and fascinating are its close inter-dependencies with management accounting and corporate governance. By explicitly incorporating these overlaps this course seeks to provide a more holistic perspective on risk management. The topics covered in this course among others include:
• Theoretical foundations of risk management (definitions, statistical background, biases, etc.)
• Cybernetic risk management approach (risk identification, risk assessment, risk response, control activities, information & communication, monitoring)
• Weaknesses of traditional cybernetic risk management approaches
• Enterprise risk management and its components
• Organizing risk management within the firm
• Risk management & corporate governance
• The role of management accounting and control for risk management
• Tools for risk identification, risk analysis, risk evaluation, risk treatment, and monitoring & review (e.g., risk matrices, scenario analysis, sensitivity analysis, TARA-framework, etc.)
• New concepts in risk management (e.g., risk appetite, risk culture, tone from the top, etc.)
ILIAS-Link (Learning resource for course) Registrations are transmitted from CTS to ILIAS (no admission in ILIAS possible). ILIAS
Link to another web site
Lecturers Prof. Dr. Arthur PoschInstitute for Accounting and Controlling, Managerial Accounting 
ECTS 4.5
Recognition as optional course possible No
Grading 1 to 6
 
Dates Monday 23/10/2023 08:30-17:00
Tuesday 24/10/2023 08:30-16:00
Wednesday 25/10/2023 08:30-12:00
Monday 20/11/2023 08:30-17:00
Tuesday 21/11/2023 08:30-16:00
Wednesday 22/11/2023 08:30-12:00
Wednesday 10/1/2024 09:00-12:00
 
Rooms Seminarraum 323, Parkterrasse 14
External rooms 204, Hauptgebäude
 
Students please consult the detailed view for complete information on dates, rooms and planned podcasts.