February 22, 2021 12:30pm – 4:00pm Map & Directions 602-252-4144

Enterprise Risk Management Concepts and Strategy for Small and Medium Sized Companies (12:30-4)


All organizations operate in a risk environment, but all too often, they either don't realize it or they don't develop a strategy to deal with the risks.

In this session, we will explore how risks work in both for-profit and not-for-profit organizations and how they can develop a strategy to identify, evaluate and mitigate those risks.

This program will not teach how to eliminate risks, but how to strategize how to reduce their total effect. We will liberally use case studies of both for-profit and not-for-profit companies to bridge the gap between concept and actual implementation.


ASCPA Learning Center
4801 E Washington St Ste 180
Phoenix, AZ 85034-2040

Registration Time



Non-CPA Staff:
Non-CPA Staff (100% club):
Non-CPA Staff (sole proprietor):


  • Understand how risks can both positively and negatively affect the organization.
  • Determine the nature of risk in both large and small organizations.
  • Understand the tolerance for risk in the organization.
  • Match risks to proper strategy.
  • Perform risk analysis and evaluations.
  • See how the strategy of the organization represents risk.

Course Level



Surgent McCoy CPE, LLC More With This Vendor

Designed For

CFOs, controllers and finance professionals.


Experience in financial management of a small or midsize company.

Event Leaders

Kral, Ron

Rating: 4.53

Ronald Kral is the managing partner of Candela Solutions LLC, a public accounting firm with a national focus on governance, SEC compliance, and internal auditing. He is an educator, advisor, and internal assurance provider for boards and management teams. Mr. Kral has worked with over 300 clients, many through Big Four firms. His clients include public companies registered with the SEC, private companies, and other organizations seeking practical accounting guidance and assessments.

Prior to forming Candela Solutions in 2003, Mr. Kral was a financial executive for a subsidiary of a multi-billion dollar company traded on the NYSE. He was also a principal consultant with PricewaterhouseCoopers, leading operational audits and internal control projects. He began his public accounting career with a California CPA firm as a financial auditor where he signed audit opinions upon becoming managing director of the firm’s Orange County office. He launched his career as a performance auditor with the California State Auditor. He is a nationally recognized speaker on corporate compliance, risk assessments, controls, SEC disclosures, auditing standards, and accounting matters.

Mr. Kral holds an M.B.A. from Arizona State University and a B.B.A. from the University of Wisconsin-Madison. He is a member of the FEI, IIA, IMA, and other professional organizations.

More With Kral, Ron


  • Overview of ERM and how it affects all organizations.
  • Risk tolerance and developing a plan.
  • Risk identification.
  • Risk analysis.
  • Risk responses.
  • Strategy risk.

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