The Institute of Finance Management

Course Details

Timely, accurate and effective risk recording and reporting is an integral part of a strong risk management framework. Many organisations already have risk recording and reporting processes in place. These are not always reviewed as often as they should be to ensure the best and latest risk reporting techniques are being used to enhance decision making.

The Institute of Finance Management has organised four (4) days course that will explore the latest best practices and provide a basic grounding in the design and implementation of effective risk recording and reporting.

The strengths and limitations of various risk recording and reporting tools such as risk registers, key risk indicators, risk matrices.
How risk reporting fits into strategic decision making, internal control and external reporting.
The recent developments in risk reporting tools and methodologies.
Managing your risk reports effectively, including: producing reports for different audiences; potential problems with collecting data; designing a report effectively; and using risk reporting systems.

· Overview of Risk and Risk Management

· Meaning of risk recording and reporting

· Cost, frequency and timeliness of risk reporting;

· Method of risk reporting;

· How risk reporting is relevant to organizational objectives and decision-making.

· How risk reporting is relevant to communicate risk management activities and outcomes across the organization;