Risk Management for Accountants

Risk Management
Accountants and Auditors.
Toronto, ON Canada.

Duration: 05 Days

Introduction:

The Workplace Safety and Health (Risk Management) Regulations requires employers to identify safety and health hazards at workplaces and taking appropriate actions to eliminate or reduce the risks associated with the hazards.

The objective of this course is to complement the Workplace Safety and Health Act (WSHA) by equipping WSHOs with knowledge on the implementation of risk management (RM) culture and policies for their respective companies.

Course Outline:

Introduction to occupational health & safety assessment

Basic safety definitions
OH&S performance
OHS principles

Operations / Hazards Risks

Types of Hazards and Classifications
Impact of Hazards
Specific Hazards Control Measures
Mandatory Hazards Control Measures
Hazard Control Measures Lapses
Hazard Communication Program
Legal and other requirements on hazard communication
Hazard Identification Process

Introduction to Risk Management

Risk Management Definition and Culture
Risk Management Methodology
Risk Management Process

Risk Management Methodology

Risk Identification Methods
Risk Assessment Methods
Risk Control Strategies
Consideration for “Reasonably Practicable Measures”
Project Selection Methods
Stakeholders consideration on acceptable and reasonably practices
Resources required for implementation of control measures
Communication of Risks

Objectives:

This course aim to provide participants with both theoretical and practical knowledge and application of the following:

Difference between hazard, risk and risk assessment.
Hazard Identification Process.
Operations and Hazard Risks Control Measures.
Sources of risk & its impact on operational, environmental and financial elements.
Methods of Risk Evaluation and Management.
Anticipate problems before they become a threat.
Essentials of Risk Management.
Risk Management Process and Culture.
Applying advanced risk assessment techniques relevant to the process industry.
Legislative Requirements on Risk Management.
Communication of Risks.
Identify a range of techniques that can be used to support management in making appropriate decisions.
Develop a strategy for planning and implementing risk reduction action plans.
Appreciate the contribution of human error to accidents.
Improve risk-based decision making.
Link risks with the business planning process.

Hazard Identification

Hazard Identification Process

Safety & Loss Prevention

Safety & health program
Benefits of Effective Safety and Health Programs
Management Commitment & Employee Involvement
Hazard prevention planning & control

Job Safety Analysis

Objectives of job safety analysis
Job Safety Analysis Procedure
Job Safety Analysis & hazard control