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The MBC information booklet - RMIT University

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12.2.12 BUSM1734—<br />

Risk Analysis<br />

and<br />

Assessment<br />

12.2.13 ACCT1118—<br />

Risk<br />

Management<br />

Course Description<br />

Chapter 12: Vocational Electives<br />

This course introduces the notion of risk in logistics management and strategic decision<br />

making. It is designed to develop an understanding of the fundamentals of risk<br />

management and to introduce classical as well as state-of-the-art risk analysis<br />

techniques. <strong>The</strong> potential of system thinking as a risk management tool will be<br />

emphasised.<br />

Pre-requisite Courses and Assumed Knowledge and Capabilities<br />

• Nil<br />

For more <strong>information</strong> on the course, go to www.rmit.edu.au/courses2006/008168.<br />

Course Description<br />

This course combines aspects of forensic accounting and risk management.<br />

From a forensic accounting perspective this course aims to provide students with the<br />

opportunity to look at the various investigative techniques used to provide solutions to<br />

business problems including internal and external fraud encompassing commercial<br />

bribery and kickback schemes, employee theft, sale and theft of trade secrets, civil<br />

disputes and criminal investigation, quantification of profits and losses, apportionment<br />

and cost allocation issues, royalty and franchise inspections, financial statement<br />

misrepresentation and white collar investigations.<br />

From a risk management perspective the course aims to highlight the fact that the<br />

majority of companies do not have formal risk management policies. In noting this the<br />

course provides an understanding of the responsibility that the board of directors, the<br />

Chief Executive Officer and management have with respect of risk management. <strong>The</strong><br />

course develops a students understanding on how to implement, operate and monitor an<br />

effective system of risk management including appropriate corporate governance,<br />

business continuity and <strong>information</strong> security.<br />

Pre-requisite Courses and Assumed Knowledge and Capabilities<br />

• Not specified<br />

For more <strong>information</strong> on the course, go to www.rmit.edu.au/browse;ID=ACCT1118.<br />

67

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