1. The Value of Enterprise Risk Management in Strategic Planning

  • Common ERM implementation challenges
  • Opportunities exploration, turning risks into business advantage
  • Introduction to strategic risk management concepts
  • Building an ERM framework
  • Strategies for building sustainable ERM practices
  • Relevant case studies

2. Embracing COSO 2013 - A ‘Value Added’ Approach to Strengthen Your Internal Control

  • Key Concepts of COSO 2013 Integrated Framework
  • Key Developments
  • Components and Underlying Principles
  • Application Techniques
  • Key Success Strategies

3. Moving Towards a Risk-Based Internal Audit Approach

  • Risk-based internal audit: An important tool for long term success
  • Understanding the risk-based internal audit methodology
  • Integrating risk assessment and internal audit planning
  • Moving beyond comfort zone
  • Competency profiles of Internal Auditors: Skills recruited
  • Key messages from AC/CEO/CFO for internal auditors

4. Cybersecurity Risks

  • Types of cyber attacks
  • Common pitfalls and challenges faced by organisations
  • Tips and strategies to address cybersecurity threats

5. Development & Implementing a Fraud Risk Assurance Map

  • Strategy in developing a fraud risk assurance map
  • Fraud risk management: A structured process for implementation
  • Whistle-blowing program and its effectiveness: A case study
  • Challenges in promoting ethical leadership: Setting the right “Tone at the Top”
  • Training the board and C-suite executives on finding landmines in reports
Course Code
  • DRM01 – The Value of Enterprise Risk Management in Strategic Planning (2 hours)
  • DRM02 – Embracing COSO 2013 – A ‘Value Added’ Approach to Strengthen Your Internal Control (2 hours)
  • DRM03 – Moving Towards a Risk-Based Internal Audit Approach (2 hours / 4 hours)
  • DRM04 – Cybersecurity Risks (2 hours / 4 hours)
  • DRM05 – Development & Implementing a Fraud Risk Assurance Map  (2 hours / 4 hours)