Università Roma Tre

Specific topics covered during the course:
INTRODUCTION
The stakeholders and the company’s disclosure (financial statements and non financial information,
TYPES OF RISKS, GOVERNANCE & RISK, RISK MANAGEMENT
risk definition,
governance & risk: the new code of Governance.
the supervisory role of the risk Committee
The different kinds of risk
Strategic risks, operational risks, financial risks, credit risks, liquidity risks
Financial and Non-financial risks
Insurance risk and other risks,
Approaches, methods and techniques used to manage risk,
The basic processes of Risk Management
ERM (Enterprise Risk Management) and COSO model
CRSA (Control and Risk Self Assessment)

RISKS ANALYSIS BY NON-FINANCIAL INORMATION
CSR and sustainaibility disclosure
environmental, social and governance (ESG) information
Non-financial statement: scope, content and publication European Commission Action Plan
Non-financial key performance indicators and main standards
European Commission Action Plan
Specific topics: ITC, cyber security and climate-related information
Management and communication of an event risk: the Covid case

RISKS ANALYSIS BY FINANCIAL INFORMATION
- the Italian jurisdiction about financial statements (Civil Code and IAS/IFRS),
- Structure of the Italian accounting systems,
- substance over form,
- fair value,
- presentation of financial statements,
risks disclosure in financial statements: risks reports
- financial risks communication by financial instruments accounting
- definition of financial instruments

Slides will be available on the website.