ERM and BCP: lessons learned from COVID-19

Baker Tilly recently co-hosted a webinar with the Association of College & University Auditors (ACUA) for higher education audit, internal audit and risk professionals on ERM and BCP during COVID-19.

Recording coming soon!

How can higher education institutions use lessons learned from operating during a pandemic to enhance their enterprise risk management (ERM) programs and business continuity planning (BCP)? Many institutions already had ERM programs and business continuity plans in place, but the COVID-19 pandemic has highlighted key areas where further strengthening is both beneficial and crucial to the success of college and university students, faculty and staff. In addition, the pandemic has proven the value of these critical risk management functions in helping increase collaboration and communication across the institution.

Key takeaways:

• How internal audit can play a key role in helping intersect and align the institution’s ERM and BCP frameworks
• Strategic approaches to performing audits and/or reviews of business continuity plans
• Leading industry practices and lessons learned from addressing COVID-19 on campus

Presenters and subject matter specialists:

• Eric Wunderlich, CRMA, CBCP, Senior Manager, Baker Tilly
• Meghan St. George, MBA, Manager, Baker Tilly