Name: How to Implement Better Risk Management Practices in Banking
Start: 2023-10-18T15:00:00Z
End: 2023-10-18T15:00:54.000Z
Location: BrightTALK
Rating: 4.7

Workiva’s mission is to power transparent reporting for a better world. We believe that consumers, employees, shareholders, and other stakeholders today expect more from business – more action, transparency, and disclosure of financial and non-financial information. We build solutions to meet that demand and streamline processes, connect data and teams, and ensure consistency – all within a controlled, secure, audit-ready cloud platform.

Workiva delivers the world’s leading cloud platform for regulatory, financial and environmental, social and governance (“ESG”) reporting. Workiva provides more than 4,300 organizations with software-as-a-service solutions to help solve some of the most complex reporting and disclosure challenges. People all over the world use our connected, cloud platform to seamlessly enable collaboration and deep integration into existing work streams to simplify their most complex reporting challenges.

It’s no secret that internal audit teams are being asked to do more with less. Along with increasing expectations to expand the scope of their work, internal auditors are also being challenged to enhance communication with stakeholders that motivates positive change. In this webinar, Clearview and Workiva will share ways you can maximize your time with the audit committee and other key stakeholders by providing the timely, data-driven, and impactful information they want.

After completing this session, you'll be able to:
-Explain what information and communication audit committees, executive teams, and other stakeholders are really looking for from internal audit teams
-Identify ways you can automate parts of the audit reporting process to get more time back for value-added activities
-Demonstrate how generative AI can help improve the quality, impact, and speed of your communication with stakeholders

The Language of Influence: Strategies for Engaging Audit Committees and Stakeholders

Anticipated and unforeseen shifts in ESG’s evolution will reshape how businesses worldwide operate and report. In our upcoming webinar “Everything Changes in ESG: Be Ready,” a panel of ESG experts will explore how companies can effectively reorient and ensure resiliency in this increasingly complex and varied regulatory terrain, with talking points that include: 

-Approaching CDP reporting changes to create quality, transparent disclosures that minimize risks and establish your organization as a climate reporting leader
-Managing evolving stakeholder pressures, including regulatory developments and enhanced scrutiny of corporate ESG goals and board oversight of sustainability-focused business practices
-Sharing how technology can ease data-gathering complexities and resource constraints and improve efficiency and effectiveness of ESG initiatives

Everything Changes in ESG: Be Ready

Organizations worldwide face increasing pressure from regulators to deliver more detailed reports on their sustainability practices. Consequently, business leaders must integrate a multitude of financial and non-financial data to meet these regulatory requirements. With 88% of surveyed practitioners believing integrated financial and sustainability data enables better long term value-creation, many are recognizing this effort as an opportunity to shift toward sustainable innovation, driving new value for their organizations and strengthening stakeholder trust.

Are you ready to unlock the hidden ROI of your sustainability initiatives? 
In this webinar, learn directly from Workiva and PwC experts. They’ll share insights on navigating this journey and demonstrate how to quantify sustainability efforts through assured integrated reporting to improve business decisions and outcomes. 

Don’t miss the chance to turn your green efforts into measurable success!

After this webinar, you’ll be able to:
-Determine how sustainability initiatives can enhance overall business performance, build trust among stakeholders, drive innovation, and create long-term value
-Identify various methods and tools organizations use to measure and quantify the impact of their sustainability efforts, and how tech enables them to track progress
-Discover insights from speakers as they showcase how integrated reporting, anchored in trusted data, transforms sustainability initiatives into tangible, measurable outcomes

Unlocking the ROI of Sustainability: Driving Value and Trust in the Transition to Innovation

Join Workiva and Verdantix for a comprehensive review of the state of environmental, social, and governance (ESG) and sustainability reporting practices, focusing on insights derived from surveys and interviews conducted by Verdantix. This study involved in-depth online surveys and interviews with more than 400 decision-makers from diverse roles across sustainability, finance, audit, and risk within large organizations in the United States, Europe, and Canada.

The study reveals the ways in which organizations are preparing for new assurance requirements. This webinar will discuss the key takeaways from the survey, shedding light on the strategies organizations are adopting to get ready for ESG assurance requirements. 

In this webinar, you’ll learn how companies are:
-Driving alignment between the CFO and CSO organizations
-Creating new ESG controller positions
-Developing robust ESG controls and governance
-Working with internal and external audit teams to meet these new expectations
Join us as we explore the crucial aspects of building an effective ESG reporting strategy that can help organizations meet assurance requirements. We’ll also examine the role technology plays in supporting and bolstering confidence in the ESG reporting process as more teams collaborate to deliver assured integrated reporting.

The Evolving Role of CFOs and CSOs: Preparing for ESG Assurance

If you’re looking to learn how other companies are preparing for the Corporate Sustainability Reporting Directive (CSRD), this educational webinar is for you! View this on-demand webinar as we dig into the current CSRD requirements, what companies are doing to get ready to meet these new standards, and how they’re impacting ESG, legal, finance, audit, and risk teams today. 

Learning objectives:
-Discover insights into the challenges and lessons other companies have learned on their journey to CSRD readiness
-Describe what the CSRD is, why it matters, and the impact it will have across your organization
-Recognize the role ESG, legal, audit, risk, and finance professionals will play in CSRD
-Outline actions your company can take to get its house in order today to help ensure you are prepared for the CSRD 
-Develop a roadmap for your CSRD readiness journey, including a timeline, key activities, milestones, and how technology can aid along the way
-Identify actionable next steps your organization can take after completing a double materiality assessment, starting with scope and approach

Navigating the CSRD: Lessons Learned Along the Road to Readiness

State of the Market: Regulatory Compliance Isn't Enough 

To mitigate strategic, operational, financial, and reputational risks in today’s world, organizations are rethinking long-held reporting practices and ideas of how teams should work together. In an executive briefing, speakers from KPMG and Workiva will provide a high-level look at:

-Survey results from the 2024 Executive Benchmark on Integrated Reporting
-Updates on regulations including the SEC climate disclosure rule
-Companies’ current state of readiness for integrated reporting

A Roadmap for Regulatory Readiness | KPMG 

The Business Imperative and Benefits of Integrated Reporting and Compliance

As corporate reporting, sustainability, and audit and risk teams face more and more integrated reporting and compliance requirements and the “SOX-ification” of more disclosures, there is an increasing need to leverage tools to drive efficiency and effectiveness. Learn about emerging best practices for risk assessments and testing functions for integrated reporting.

Learning objectives:
-Recall emerging leading practices to integrate regulatory compliance and assurance functions
-Describe the risks and costs related to disaggregated risk assessment and assurance functions
-Identify opportunities for an integrated technology environment to drive efficiency in reporting and controls processes

State of the Market & A Roadmap for Regulatory Readiness

This course will provide an overview of the changes implemented in the 2024 US GAAP taxonomy. This program is designed for Certified Public Accountants, other accounting professionals, and financial professionals. 

After this webinar, participants will be able to:

-Identify the changes introduced into the 2024 US GAAP Taxonomy related to structural design, accounting standards updates, and topical projects
-Quantify element and technology changes in the 2024 US GAAP Taxonomy
-Share insight into taxonomy revisions and migration expectation

2024 US GAAP Taxonomy Updates

In this on-demand webinar, you’ll hear from speakers Cynthia Cooper, WorldCom whistleblower and former VP of Internal Audit, Michael Schor, Partner—Risk & Financial Advisory Practice at Deloitte, and Grant Ostler, Industry Principal at Workiva, on recent regulatory developments related to environmental, social, and governance (ESG), the risks of greenwashing and greenhushing, and the various types of ESG fraud. They emphasize the importance of building strong governance, creating an ethical culture, and integrating ESG into a company’s core values to help prevent fraud.

Combating ESG Fraud

A willingness to explore new technology can create opportunities for both your career and your organization, as Workiva Chief Accounting Officer Junko Swain can attest. While working for companies including eBay, Apple, and Upwork, Junko has participated in two IPOs, multibillion-dollar acquisitions, a monthly close cycle of four business days, and putting together SEC filings to help her company launch a $500 million convertible debt offering in eight business days. Join this webinar to uncover opportunities presented by generative AI and integrated reporting software for financial reporting teams.

After this webinar, you will be able to:
-Identify areas of financial reporting that could benefit from automation, digital transformation, or controlled use of generative AI
-Recall strategies for managing risks and opportunities presented by new technology
-List components for a smoother adoption of new solutions

A Tech-Driven Career Path to Chief Accounting Officer

With a rapidly-changing regulatory environment, a growing shortage of trained professionals, and other macro challenges, today’s internal audit, risk, and compliance professionals are faced with increasing demands to “do more with less” and to help their organizations build resilience against emerging risks. 

While auditors have leveraged elements of artificial intelligence (AI) and data analytics for years to help them tackle expanding demands, the release of several generative AI models has introduced even more opportunities for internal auditors to transform processes with technology.

Join us as we explore ways internal auditors can broaden their use of data analytics, apply AI—including gen AI—to add more value not only to their own team, but also by expanding the use of technology across the first and second lines as well. We’ll also examine the risks AI introduces, strategies for mitigating these risks, and practical examples of how audit departments are using AI.

Learning objectives: 
-Understand how internal auditors are leveraging data analytics, bots, and other forms of AI to gain efficiencies and expand coverage
-Discover how gen AI can help internal auditors enhance their understanding of risks facing their organization
-Recognize risks inherent in the use of AI, determine steps internal auditors can take to mitigate those risks, and discuss what auditors should consider as regulations around AI evolve
-Outline specific examples of how internal auditors are using AI to increase their impact on their organizations

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

Maximizing Internal Audit's Impact with AI & Analytics

Get a glimpse into the current state and future trajectory of business reporting and technology. Join Workiva and PwC for a one-hour webinar March 14, when we’ll discuss results of a new survey highlighting the role of emerging technologies, the importance of third-party assurance, evolving environmental, social, and governance (ESG) regulations, and labor challenges. 

Workiva commissioned the survey of over 800 corporate executives and 100 institutional investors across Canada, the United States of America, and Mexico to help gain insight into how executives and investors align when it comes to issues influencing business reporting, as well as investor confidence in financial and ESG disclosures. By offering informative insights on emerging trends in business reporting, this webinar is designed to help equip leaders with data so they can make better-informed decisions, develop strategic plans, and foster greater trust and transparency in data. 

In this webinar you will learn how to:
-Identify technology solutions to help you adapt to evolving business reporting requirements 
-Apply key insights from the survey to your company’s strategy for providing assured integrated reporting
-Compare your company’s regulatory readiness to those of survey respondents
-Summarize challenges related to meeting business reporting requirements in 2024

Staying Ahead of Corporate Reporting Regulations

Enhancing Internal Audit’s Impact with AI & Analytics

Explore the variety of ESG-related regulations coming into effect or on the horizon in 2024 (e.g., California Climate Disclosure Laws, CSRD, SEC) and learn from the advisory professionals supporting organizations in their preparation for compliance. Join us to learn how governance, strategy, risk management, and robust metrics help organizations comply with regulatory mandates, improve operational efficiency, identify new business opportunities, and take advantage of competitive differences.

After this event you’ll be able to:
-Understand the major ESG-related regulations
-Identify steps to prepare for compliance with ESG-related regulations
-Learn how cross-functional teams are contributing to ESG regulatory compliance

ESG Regulation: What and How to Prepare in 2024

Discover how organizations are integrating ESG into their strategy, policy, governance, and risk management. This session will explore how to engage with the C-suite, board members, and stakeholders while demonstrating value and an understanding of compliance with regulations, frameworks, and standards. Evolution requires a different level of control and assurance.

During this session, you will:
-Discover how ESG, strategy and governance interrelate 
-Analyze the various regulations, frameworks and standards that underlie ESG disclosures 
-Identify best practices in engaging the various rating and ranking providers

ESG in the C-Suite: Strategy, Policy, Governance, and Risk Management

The landscape for business reporting is rapidly changing, requiring cross-functional teams to integrate financial and non-financial information into both regulated external reporting or non-regulated internal reporting. In addition to consolidated reporting, companies with multinational operations likely have to prepare multiple versions of reports to submit to various regional bodies.

Continued digital transformation in finance allows for more automation but requires greater reporting control, especially as new technology continues to change the reporting landscape. Learn from industry professionals who will share examples of how companies are using the Workiva platform to meet the evolving demands around the world for audit-ready, integrated reporting. 
 
After this on-demand session you will be able to:
-List trends in digital transformation 
-Identify teams involved in integrated reporting
-Hear real-life examples of the benefits experienced by organizations that have taken on digital transformation projects

A CFO’s Guide to Integrated Reporting Transformation

In the coming years, banks will be looking to bolster their stress testing processes including Capital and Liquidity stress testing—especially with enhanced data analytics, AI and machine learning—to increase visibility into new and unforeseen risks, which may not have been adequately addressed with traditional models. Join speakers from Workiva and KPMG to gain new insights into ways banks can more effectively leverage these technologies and data analytics.

After this on-demand session, you will be able to:

-Explain the role that risk limits (across all risk types) play in the stress testing process
-Identify key challenges facing stress testing teams
-Apply technology and data analytics to solve current challenges
-What factors to consider when choosing the appropriate technology
-Discover how technology can provide competitive advantages

How Technology and Data Analytics Are Transforming the Stress Testing Process

See the beauty of connecting your financial reporting, ESG, governance, risk, and compliance (GRC) teams, data, and processes across the enterprise. Once you operationalize one area of your business, you’ll learn how much easier your job becomes as more teams onboard with tech that supports automation. Join us for this on-demand session to learn how to scale Workiva within your organization and discuss the efficiency and time-saving benefits that follow.

During this session, you can:

-Understand the interrelated requirements of financial and non-financial reporting with assurance
-Learn how Playa Resorts worked with PwC to utilize the Workiva platform for financial reporting, GRC, and ESG
-Explore how the Workiva platform can help increase collaboration, data sharing, accuracy and efficiency in your reporting efforts

How Playa Resorts Makes Financial Reporting, ESG and GRC Processes Work Together

Join Workiva and Verdantix for an in-depth review of the recent Verdantix Green Quadrant report focused on Environmental, Social, and Governance (ESG) and Data Management Software.

Learn how Verdantix conducted the review of 20 software vendors and identified Workiva as a leader in this space. We’ll also explore Workiva’s market-leading capabilities and how you can transform your ESG reporting strategy with Workiva’s ESG solution.

Workiva: Leader in ESG Reporting and Data Management

How can banks embed more effective governance, risk, and compliance practices across the three lines of defense? 

Watch this on-demand webinar as Workiva Industry Principals John Stephens and Grant Ostler join guest speaker Heather Holding of Best Egg to discuss why certain risks reappear and what actions banks can take to enhance their risk resilience against ongoing macro-economic and marketplace turbulence.

After this webinar, you will be able to:

-Identify key emerging risk areas across the three lines of defense
-Employ technology solutions with a better understanding of why finance transformation is essential for optimal risk management 
-Examine your GRC operations to ensure they’re properly aligned and braced for uncertainties ahead 
-Propose and support better risk management practices at the board level to enable more rigorous GRC functions

How to Implement Better Risk Management Practices in Banking

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How to Implement Better Risk Management Practices in Banking

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