Course Details
Duration: AEST (UTC+10:00)
9:00am - 12:00pm - Wednesday, 30 July 2025
Venue:
Online
Costs:
RMIA Members $660.00 (incl GST)
Non-Members $770.00 (incl GST)
CPD Points: 3
About The Course
An indicative agenda for a 3-hour Audit & Risk Committee (ARC) Risk training session designed for Audit & Risk Committee members, Board Members, Senior Executives, Risk Managers, Heads of Risk and Chief Risk Officers.
The ARC plays an important function in any organisation and is a critical pathway in the governance framework.
This course will provide a framework of the purpose and key functions of an Audit & Risk Committee, particularly focussing on Committee responsibilities for effective, organisational risk management. This course provides practical tools and tips to make your committees more effective and successful.
This course is aimed at providing newly appointed non-executive directors and executive management with the skills and tools to be effective Audit and Risk Committee members. We will discuss and debate case studies to highlight strengths and weaknesses of ARC operations. Experienced committee members who think their existing committees could be strengthened might also find this course helpful.
We will ensure participants have an increased understanding of the key elements of a robust and practical enterprise risk management program, and their roles and responsibilities in the effective implementation of risk management.
Topics Covered
Purpose of the Audit & Risk Committee
Role of ARC and directors in the Governance Framework
Oversight and monitoring
Oversight of risk management framework, input into assessment of enterprise risks
Oversight of financial reporting processes
Monitoring of internal control and compliance,
Monitoring of performance of auditors
Reporting to the Board
Audit and risk management charter
2. Risk Oversight and Management
Risk Management Framework and ISO 31000
Responsibilities of NEDs and Executive Management
Understanding priority risks
Routine and emerging risks
Risk control effectiveness
Risk Appetite
Performance Measurement
Reporting
3. How to Run ARC
Tips and Tools - structures
Case studies
Group Bookings: For Group Bookings, please contact us via email on pdp@rmia.org.au or by phone on 1300 775 648.
When you register for this course you agree to the RMIA passing your registration details onto our Training Partner, Riskcom.