Effective risk management- how it affects the realisation of enterprise value (2024)

Event Details

Effective risk management- how it affects the realisation of enterprise value (1)

Effective risk management- how it affects the realisation of enterprise value

No Charge

Full

Hong Kong

Apr

16

Tue

16:30

-

17:30HKT

Schedule Type Title:Weekdays

Schedule Description:Enhancing enterprise value: JFU's solution to streamline risk management for organisational success

Sessions:1

Session Hours:1.00

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Description

Enhancing enterprise value: JFU's solution to streamline risk management for organisational success

  • Description
Date and timeLocation
16/04/2024 16:30 - 17:30 HKTOnline

Event information

Integrating risk management into the entire organisation is crucial for risk management to be effective according to ISO and COSO. However, it is very difficult to be put into practice; hence the problem.

Speakers from JFU will demonstrate how this problem can be solved with a patented technology and explain how enterprise value can be enhanced and realised because of more effective risk management.

JFU is an accounting practice operating on a network of international teams, with a focus on developing technologies and management science solutions for value-centric growth.

Discussion outline

  • The embedment or integration problem
    • ISO 31000 – 2018: Risk management guidelines
    • COSO - June 2017: ERM integrating with strategy and performance
  • How the problem is solved to achieve effective risk management
    • Demonstration of a patented approach with an AI-powered system
  • How enterprise value is enhanced and realised with effective risk management
    • Safety of capital + certainty of return => lower cost of capital
    • Establishing convincing evidence of effective risk management

About the speakers

Effective risk management- how it affects the realisation of enterprise value (2)

Candy Yuen, Principal, JFU

Candy Tuen joined JFU at the inception of the firm in 2007, where she now leads the firms’ corporate services including enterprise risk management. Before joining JFU, Candy worked with international accounting firms in tax and accounting. Candy obtained a Bachelors degree in Applied Statistics with Management Science and a Master's degree in Operational Research from Lancaster University. She is a member of The American Institute of CPA.

Effective risk management- how it affects the realisation of enterprise value (3)

Christopher Fu, Senior Manager, JFU

Christopher Fu joined JFU in early 2017, and is now a senior member of the firm’s professional practice, leading the Private Equity, Merger and Acquisition Services.

Christopher's career commenced as a member of a startup program based in New York. Shortly after joining, investors appointed him as Project Manager to spearhead the program.

Christopher obtained a Bachelor of Economics degree from the University of British Columbia. To complement his experience, Christopher is in the final stages of obtaining the CPA designation in Canada, having successfully completed the Common Final Exam.

Effective risk management- how it affects the realisation of enterprise value (4)

Dominic Fu, Partner, JFU

Dominic Fu joined JFU in 2007, where he leads the firm’s engineering team responsible for the development of technologies and management science solutions. Dominic is the first inventor of a patented invention used in an AI-powered organisational performance and risk management system. Before joining JFU, Dominic worked as trainee engineer for listed companies in Silicon Valley and Shanghai.

Dominic obtained a Bachelor of Applied Science in Engineering Physics from the University of British Columbia. He is CPA qualified in Hong Kong, and a Chartered Professional Accountant qualified in Canada.

Effective risk management- how it affects the realisation of enterprise value (5)

Joseph Fu, Partner JFU (Moderator)

Joseph founded JFU in 2007 after retiring from his service as an international tax partner of an international accounting firm. He was named in several years one of Hong Kong and China's top advisors by the International Tax Review and by Euromoney. As part of a World Bank-sponsored fiscal policy project, Joseph advised China's Ministry of Finance and The State Administration of Taxation on tax policy issues. Joseph Fu is a CPA practicing in Hong Kong and a member of The Institute of Chartered Accountants in England and Wales. He served as a council member of The Taxation Institute of Hong Kong for many years and was the Institute's president in 2002 and 2003.

CPD hours

ICAEW's revised Continuing Professional Development (CPD) Regulations bring in new CPD requirements. This includes a minimum number of hours and an ethics requirement. Attending this webinar could contribute up to 1 hour of verifiable CPD, providing you can demonstrate that the content is relevant to your role.

A copy of the webinar booking confirmation email is accepted as evidence of verifiable CPD. You will need to save the email as a JPEG or PDF before uploading it to your record. Click here to use ICAEW’s self-assessment tool to help you work out how much CPD you will need to fulfil each year.

Costs

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