EVENT DESCRIPTION

Experience "story style" audio learning in this high quality ProDio course. Listen and learn while you’re on the go and complete your professional development at your own convenience – anytime, anywhere.

Do you manage a business? Do you audit companies? Do you prepare financial or management accounting data? Do you work on insolvencies, business valuations, or mergers and acquisitions? Perhaps you advise clients on their accounting, financial, investing, or legal affairs, or maybe you just analyze potential investments on your own account.Regardless of what you do, identifying, assessing and managing risk plays a crucial role in your daily life. In this audio-based course, you will learn how to strengthen your business and investment risk knowledge so that you can successfully identify, assess, and manage risks in your career and personal affairs.

Learning Objectives:

By the end of this course, you will be able to:

  • Differentiate between pure and investment risk.
  • Define risk aversion and understand why investors are risk averse.
  • Explain the advantages and disadvantages of standard deviation as a risk measure.
  • Define, compare and cite examples of systematic and non-systematic risks.
  • Understand how to assess systematic and non-systematic risks in both investment and business analysis.
  • Define liquidity risk and describe its key variables.
  • Compare and contrast liquidity risk factors in businesses, physical assets, and financial instruments.
  • Assess liquidity in publicly traded, bankable assets.
  • Define the main methods that individuals and businesses use to manage risk.
  • Explain how good investors manage risk in their investment portfolios.
  • Explain why asset allocations, diversification, and correlations are crucial in prudent portfolio construction.