Business and Operational Risk Assessment and Management

Course Objectives

The key learning objectives of this workshop are:

• To enable participants to understand and apply a risk-based approach to management

• Understand and identify business and operational risks

• To develop the right values for the corporate culture’s attitude towards risks

• Learn how to match risk acceptance/tolerance vs corporate and business culture

• Mitigating Risk 1 – Prevention and detection – learn how to implement internal controls effectively

• Mitigating Risk 2 – To equip participants with audit and analytical skills to help them recognise red flags

Target

Department Heads, Senior Managers, Managers, Business and Financial Controllers, Internal Auditors, Business Owners

Methodology

We make training fun and engaging so that learning becomes experiential and highly interactive. This programme uses a combination of training aids and methods such as lectures, activities, videos, exercises and group discussion with powerful learning points to enhance learning.

Course Modules

MODULE 1 – Introduction

MODULE 2 – Risk Management

MODULE 3 – Preventing Fraud & Error – Establishing Internal Control Systems

MODULE 4 – Detecting Fraud & Error (1) – Conducting Audits

MODULE 5 – Detecting Fraud (2) – Conducting Investigations

MODULE 6 – Embracing the Right Values to Identify Toxic Behaviour