Effective Risk Reporting Newcastle September
Effective Risk Reporting Newcastle September
An indicative agenda for a 2-hour Effective Risk Reporting training session designed for Risk Professionals; including Risk Managers, Heads of Risk, Chief Risk Officers and Audit & Risk Committee Members
About
An organisation may have state of the art risk management frameworks and policies, practices, and controls but if the Board, sub-committees and executive are not kept up to date with what is really happening in the business, then this is in fact a failure of the organisation’s risk framework, governance and culture. Effective risk reporting is key to bringing it all together.
This course will provide background on the types of risks that need to be reported up to the Risk Committee, Executive and Board as well as the types of reports that should be presented and the critical information that they should contain.
Course Overview
- What does the Risk Committee and Board want to know about?
- Key risks
- Strategic versus Operational risks
- Risk appetite
- Effectiveness of controls
- What should the CEO and other Executive know about?
- Operational risks across the organisation
- Departmental / business unit greatest risks
- What should be reported on?
- Common omissions / gaps
- Current controls & effectiveness
- Evidence based reporting
- Lag & Lead Indicators
- Dynamic risk reporting
- Current risks
- Emerging Risks
- Risk management outputs - identification, analysis, evaluation, treatment, recording and reporting
- Valuation of organisational risk arrangements – culture, risk management structure, governance, accountabilities & responsibilities, implementation and framework evaluation and improvement
- Performance measures
- Purpose of Risk Reporting
- Supporting informed decision making
- Promotion of good understanding or risk
- Promotion of confidence in assessing and treating risk
- Linked to Strategic & Business objectives
- Assurance that controls are effectively implemented
Mode of Delivery
Classroom, 2 hour session with afternoon tea included. This session follows after Effective Audit & Risk Committee - a Critical Pathway in the Governance Framework course.
TRAINERS: Earl Eddings, Managing Director, Riskcom
Earl has gained many years of experience in consulting to public and private enterprises, and project managed some of Australia’s largest risk management projects. He specialises in the review and design of governance reform and the design and implementation of strategic risk management programs that improve a company’s ability to manage risk and improve profitability.
He has developed effective organisational and risk management strategies and training programs for government and public & private clients in diverse industries including manufacturing, telecommunications, rail, automotive, finance, health, food, and transport.
Earl’s experience includes as former Chairman of Cricket Australia, Director of the International Cricket Council, Director of the Kerry Packer Foundation, and Director of ASX company MSL. Earl is a Fellow of Governance Institute of Australia and a Graduate of the Company Directors Course.
DATES & TIME:
1:30pm - 3:30pm on Thursday, 14 September 2023
*includes afternoon tea once course concludes
AEST (UTC +10:00)
LOCATION: Newcastle Museum 6 Workshop Way, Newcastle
CPD Points: 6
PRICE: $670.00 incl.GST for Members
$780.00 incl. GST for Non-Members
When you register for this course you agree to the RMIA passing your registration details onto our Training Partner, Riskcom.
Group Bookings: For Group Bookings, please contact us via email on events@rmia.org.au or by phone on 02 9095 2500.
The time on your ticket when issued is the RMIA server timezone and may differ to the time of the event in your timezone. Please check this registration page for correct TIMEZONE and ACTUAL SESSION TIMES.
Registration for each session will close 48 hours prior to the event.
Contact Information
If you are experiencing any issues registering, please contact us on the below number.
Additional Information
