


Audit and Risk Governance
BUSA-40993
This course provides an introduction to the principles and concepts of enterprise risk management (ERM). Framework from the Committee of Sponsoring Organizations’ (COSO) and guidelines from the International Organization for Standardization (ISO) will be covered. Topics include the definition of risk, the ISO 31000 risk management principles, and COSO 2004 ERM-Integrated framework. Students will learn about oversight and leadership, ERM and strategic management, alignment of ERM with internal control, audit and compliance function.
Key objectives of the course
- Understand background, concepts and principles of enterprise risk management
- Understand a definition of risk, risk management system and standards
- Describe elements of the ERM framework
- Delineate roles and responsibilities of ERM system participants
- Identify key success factors for effective risk management
- Describe risk heat maps, advantages and shortcomings
- Analyze a risk management maturity model
- Demonstrate ability to find the latest risk management thought leadership
Format
This course is offered in an online asynchronous format. There are no set meeting times, however, students follow a weekly schedule and there will be deadlines to meet in terms of course requirements. This course cannot be completed at an accelerated rate. UCSD Extended Studies operates in Pacific Standard Time and therefore any deadline is considered 11:59 p.m. Pacific Standard Time.
CPA Evolution Exam
Course Information
Course sessions
Section ID:
Class type:
This course is entirely web-based and to be completed asynchronously between the published course start and end dates. Synchronous attendance is NOT required.
You will have access to your online course on the published start date OR 1 business day after your enrollment is confirmed if you enroll on or after the published start date.
Textbooks:
No textbook required.
Policies:
- No refunds after: 7/1/2025
Schedule:
Instructor:
Elmira Stamkulova

Elmira Stamkulova has twenty years of corporate governance, risk management and internal auditing experience. She has worked for 15+ years for public accounting firms and is currently a senior manager in Deloitte’s Accounting and Reporting Advisory practice specializing on governance, risk and compliance. Elmira was a Director of Risk Assurance practice in PwC Eurasia delivering internal audit, internal controls, governance, and risk management projects. She also worked as an in-house internal auditor and was a senior internal audit professional in several public companies. Her prior roles in the industry include Vice President of Internal Audit at Axos Bank and Senior Manager Internal Audit at Sorrento Therapeutics.
Elmira is a Certified Public Accountant (CPA), a Certified Internal Auditor (CIA), a Certified Information Systems Auditor (CISA) and a Certified Corporate Governance Professional (CCGP).