Effective management of risk and control is recognised as a critical element of good governance arrangements in all organisations. It has implications for strategic and business planning, audit and assurance arrangements and the management and control of activities.
There are a wide range of good practice reports and authoritative standards both nationally and internationally which emphasise the role that risk management can play in helping organisations address the many challenges they face. Risk management should be a regular senior management team agenda item as well as a frequently discussed issue for Audit committees, boards and governing bodies.
This participative course will explain and review the growing significance of governance, risk management and internal control in the conduct of organisational activity, the benefits of integrating risk management into the planning and implementation of business activities, and consider approaches to embedding these processes in organisations.