Developing and Auditing a Risk Management Framework - Online Classroom

Internal audit is vital to the proper management of risk and risk governance. Current corporate governance codes - like that of ASX - place internal audit squarely at the front and centre of their risk management strategies.

Learn more about ensuring that your risk management is sound, effective, and well governed in this highly interactive and practical course, loaded with real-life, down-to-earth case studies from both private and public sectors.

Topics Covered

• The path and foundation - purpose, objectives, and criteria for your risk management framework; key stakeholders and responsibilities; confirming and reinforcing
• Understanding risk in your organisation - defining risk types; accumulation/concentration of risk; assessing risk appetite, attitude, resilience, and residual risk; defining risk indicators for reporting
• Proper risk mitigation - risk control measures and confirming their effectiveness; confirming risk response; defining performance measures; confirming and reinforcing the role of internal audit
• Risk management standards - Australian and international risk management standard AS/NZS ISO 31000:2009; practical application for governance and audit; comparing and combining internal control and risk management
• Ensuring complete and functional management - defining and assessing effectiveness; ensuring effectiveness in key external organisations; testing total framework effectiveness; reinforcing risk management behaviours; confirming risk management quality
• Assurance - providing objective advice and assurance to stakeholders

Learning Outcomes

By the end of the training course, the participant will be able to:

• Recognise and assess organisational risk
• Understand the elements of effective risk management and internal audit's role
• Establish clear performance measures for effective risk management
• Improve knowledge and capability of internal audit for effective risk management.

Presenter: Chris Teniswood - Principal, Pinpoints Solutions

Online Classroom

This one-day training programme will be delivered in two 3 hour lessons (09.30 am - 12:30pm AEST) on 12 and 13 July using Zoom.
Registrations will be strictly limited to 12 participants to allow maximum interaction in the online environment.

Register Now

IIA NZ Member: $536.36 AUD
Duration and CPE: 2 x 3 hours; 6.00 hours