Speaker: Aidan Horan IPA

Aidan is director in the consultancy, training and development directorate at the Institute of Public Administration specialising in governance, audit and risk management. He has many years’ experience in supporting and advising individual senior managers and client organisations in audit, governance, risk and control systems. Aidan is a member of ACCA and a member of the Chartered Institute of Public Finance and Accountancy (CIPFA).

Topic outline:

In the current challenging economic and business environment, there are many uncertainties and evolving risks facing small, medium sized and large organisations. Addressing and managing risk is a requirement for all business managers. Effective risk management is a critical element of good governance arrangements as it has implications for how businesses respond to the most prevalent and serious risks they face. The discussion will cover the following key points:

• Governance, risk management and assurance systems
• Risk management principles and framework
• Prevalent risk categories and how these are addressed.
• Risk process and setting risk appetite
• The role of the Chief Risk Officer
• Monitoring and reporting arrangements