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Effective Review of the Organizations' Risk Management Processes

Event: Effective Review of the Organization’s Risk Management Process

Date: March 22-25, 2022

Venue: Grand Royal Swiss Hotel, Kisumu

Undertaking risk management is a requirement by regulators, rating agencies and stakeholders in many industries around the world. However, risk management is an initiative that is supposed to be driven by not just regulators and external forces. Organizations, whether public or private, profit making or not for profit, big or small can rip benefits from implementing an effective risk management process. This will also add value to organizational processes, help meet operational and strategic objectives and protect stakeholders.

This workshop will explore how Internal Audit functions can develop approaches useful in reviewing and assessing the effectiveness of risk management processes and strategies irrespective of their size, activities and resource level.

The workshop will also explore how Internal Audit function can influence risk positively by giving insights to Executives and Boards on how to discover and embrace potential missed opportunities.

The workshop will cover the following objectives:

  • To understand the need for performing audit engagements of risk management activities.
  • To understand key components of an effective risk management process.
  • To develop approaches that take into account the business environment, level of maturity and regulatory environment.
  • To determine scope of audit engagement of risk management activities.
  • To evaluate effectiveness of the risk management process.
  • To get lessons on how to improve risk management process.

Charges are KES 50,000 and KES 55,000 exclusive of VAT for Members and Non-Members respectively. Members in attendance will earn 20 CPE Hours.

NATIONAL INDUSTRIAL TRAINING AUTHORITY ACCREDITATION:

The Institute of Internal Auditors Kenya is an accredited training provider with the National Industrial Training Authority (NITA). The NITA registration number is DIT/TRN/558(25b). Participants who are registered levy contributors can apply to NITA for reimbursement of their fees. This applies to Kenyan citizens and is subject to NITA regulations. Visit (https://www.nita.go.ke/ ) for more information.

BOOKINGS

To book this event, please call us on +254721615863/+254780615863, Email:  training@iiakenya.co.ke.

Event Properties

Event Date 22-03-2022
Event End Date 25-03-2022
Individual Price Members Ksh 50,000 exclusive of VAT, Non-Members Ksh 55,000 exclusive of VAT
Location Grand Royal Swiss Hotel
Registration for this event is closed

OnRisk Report 2021

In the 18 months since the COVID-19 pandemic first shuttered the world, organizations have learned to embrace the unexpected. Board members, C-suite executives, and chief audit executives — the key players in risk management — now know that low likelihood/high impact risks must be given greater consideration. This realization has jolted boards into greater awareness of risk management weaknesses, energized senior management to build more nimble and resilient organizations, and positioned internal audit to deliver broader value.

Read more...

INTERNAL AUDIT COMPETENCY FRAMEWORK

INTERNAL AUDIT COMPETENCY FRAMEWORK

[Download PDF HERE]

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