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this is frm part 1 book 1 foundations of risk management in chapter 3 which is corporate governance and risk management in this chapter were going to build on some of the good topics that we discussed in the first two chapters and then were going to tie them into the umbrella of corporate governance now in the second chapter we talked a little bit about the Board of Directors but were gonna get a little bit more specific about other groups and individuals that are going to be related to and responsible for risk management so here are the learning objectives what were going to do is compare and contrast the best practices in corporate governance and those in risk management theres the board of directors learning objective risk appetite and business strategy the relationship between those two distinguish the different mechanisms for transmitting risk governance throughout an organization thats going to be important one look at the functional units and then assess the role of the Au