Auditing the Enterprise Risk Management Process
Details
This work is designed to provide participants with alternative methods, tools and structures that can be used for establishing an ERM. During this workshop participants will have the chance to apply what they learned to a case study where they will get to use the most beneficial audit techniques, tools and process to evaluate an ERM fact situation.
Outline
Defining the Key Components of ERM
· Identifying Risk Events
· Assessing Risk, Probability and Impact
· Risk Reponses
· Monitoring the ERM process on an ongoing basis
*Integrating Business Risk and Internal Control
· The Concept of Business Risk
· Relationship of Business Risk
· Strategy on fundamental Business Process
· Using KPI’s and the Baseline
*Auditing the ERM Process
· Auditing the Risk Organizational Structure
· Auditing the Risk Infrastructure for Completeness
and Coverage
· Auditing the Information flow of the ERM Environment
· Timeliness
· Accuracy and Usefulness
*Auditing the Effectiveness of ERM in the Organization
· Evaluation criteria of success
· ERM Process in precluding or minimizing risks
· Auditing the maintenance and future strategic initiative
*A Top-Down Risk-Based Approach to Establishing an ERM process
· The Risk Organizational Structure
· Reporting structure
· Operating Format
*Developing an ERM Audit Process
· Risk Assessing the ERM Environment
· Focusing the Audit and Establishing the Audit Scope
· Audit Approach/Tools/Techniques/Strategy
· Effective Report Format to bring about change
FOR WHOM:
All Internal Auditors, Database Managers, IT Managers, Financial Controllers, Database Administrators, IT Personnels, Business Analysts and others who perform related functions or who want to update their knowledge in Oracle Databases Management in the Public and Private Sectors.
TRAINING METHODOLOGY
The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.
Speaker/s
Special Offer
Schedules
Tue, Wed, Thu, Fri | 10:00 AM — 04:00 PM |
No. of Days: | 4 |
Alpha Partners is a reputable firm of Training and Management Consultants with many years of corporate training experience in Finance, Accounting, Auditing, Banking, Management, Information Technology, Oil and Gas Sector, Security, Engineering, Public Relations, Secretarial Studies, Leadership, Marketing and other fields of human endeavour.
We are one of the leading players in the profession. Our firm, a multi-disciplinary one with highly talented, experienced and dedicated partners and staff who have experiences in different facets of working life was established in 1996 and has branches in Lagos, Enugu and Awka.
We offer a wide range of professional services, which covers audits, accounting, finance, taxation, ICT, security, engineering, insurance, human resources management, secretarial and consultancy services in all ramifications.
Our numerous clients attest to the high quality services we offer which contribute in no small measure in ensuring sound and efficient management of their resources.