with Aidan Horan, IPA

Effective management of risk is recognised as a critical element of good governance arrangements in all organisations as it focusses on uncertainties within business operations and within the external environment. This being so, risk management can sometimes be process-driven and seen as something ‘that has to be done’; its true value may not be appreciated. Embedding effective risk management into a Board’s and organisation’s modus operandi requires strong leadership and a culture which emphasises critical thinking and awareness of both risks and opportunities.

Course content will include

• Governance, control and assurance systems
• Risk management principles, framework and process
• Risk registers and documentation
• Monitoring and reporting arrangements
• Audit, scrutiny and accountability considerations
• Risk appetite statements
• Roles and responsibilities – Board, committees, senior executives, risk officer, management and staff

This participative course will explain and review the growing significance of governance, risk management, control and assurance 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.

Aidan Horan is a fellowship member of ACCA and a member of the Chartered Institute of Public Finance and Accountancy (CIPFA).  He is director in the consultancy, training and development directorate at the Institute of Public Administration specialising in governance, audit and risk management.