Risk Management & Internal Control System Training Course

Management level

One Week

Kingdom of Saudi Arabia – Dammam

The access to the course is reserved to the officers who prove to held documented positions of responsibility both at central and peripheral level on a continuous basis for at least 3 years in the last 5 (Operational level).

This training course is designed for officers engaged in any capacity on command as part of the personal awareness to be used in decision making activities.

The aim of this course is to develop the risks awareness of key people in different decisional position of an organization. Furthermore, a complete description of the approaches to prevent identified risks will be shared with the trainees following the most updated international standards. A detailed explanation of the meaning of  internal control system completes the course’s goals.

Syllabus (modules)
Introduction to Risk Management and Internal Control System
Definition of risk management, areas and sectors of application, international approaches to risk management, definition and application of the internal control system.

Strategic Risk Management
Risk management in a complex organization, benefit for the countries, the community and the entity itself. Top management and strategic decisions relevant to risks prevention.

Risk Assessment and GAP Analysis
Processes analysis Risks identification, (mapping), evaluation (qualitative and quantitative risks analysis), identification of risk processes and risk areas. Identification of people responsible for risk areas. Analysis of internal control system.

Internal Control System
Identification of operational areas and relevant risks, analysis of internal control tools, level of risk and relevant internal control system grade of application. Explanation of ISO 31000 as international reference rule.