Governance Meets Risk: A Training Course on Corporate Risk Mitigation and Compliance
1Summary
Governance, risk and compliance used to be treated as three separate conversations in most organisations — until the gaps between them started causing real damage. Today they are increasingly recognised as one connected system: how the board is held accountable, how risk is identified and controlled, and how the company stays inside the law all shape each other directly.
This course, delivered by the Arab British Fellowship Training Academy, walks through that connected system end to end — from board accountability and risk classification through to a practical, standards-based risk-treatment process — so participants can help their organisation cut surprises, protect its reputation, and make better-informed decisions.
2Objectives and target group
By the end of this course, participants will be able to:
- Reduce surprises and exploit opportunities more effectively.
- Improve planning, performance and overall effectiveness.
- Achieve economy and efficiency in the organisation's operations.
- Strengthen relationships with stakeholders.
- Develop better information for decision-making.
- Enhance reputation, service delivery, accountability, assurance and governance.
This course is designed for:
- Managers and executives in all public and private organisations, large and small.
- Auditors and accountants.
- Compliance officers and legal advisors who provide advice on risk management.
3Course Content
Module 1: Governance and Board Accountability
- Concepts of governance, accountability, and the duties and responsibilities of the Board of Directors.
- Board audits, and maintaining performance standards.
- Allocating risk-control functions and governance responsibilities.
Module 2: Risk Standards and the Risk-Management Cycle
- The risk-management standard, and an overview of AS/NZS 4360:2004.
- Communication and consultation, and establishing the context.
- Risk identification, risk analysis, and risk assessment.
Module 3: Treating and Recording Risk
- Risk treatment, monitoring and review.
- Recording the risk-management process.
- Building effective risk management within the organisation, and how international standards are changing risk practice.
Module 4: Compliance, Diligence and Implementation
- Compliance and diligence responsibilities, including compliance-programme implementation.
- Risk-management philosophy, and related laws, principles and standards.
- Risk-management implementation strategy and plan.
Module 5: Applying Risk Assessment in Practice
- Methods of risk assessment, and precautions to avoid risk.
- The relationship between risk and institutional policies and procedures.
- Methods of certifying risk assessment, and dealing with corruption-related risk.
- Risk-assessment categories and field work.
Delivery formats:
- In-house training.
- One-to-one training.
- Group training.
- Hands-on practical training.
We can deliver this course at the time and place that suits you. For more information, please contact the Arab British Fellowship Training Academy team.