Integrated Corporate Risk Management and Compliance |Smart

Overview

Why Attend

Risk management is a process of risk Identification, Measurement, & Assessment, beside the development of strategies for management and reduction of prospective damages. These strategies include risk transfer, prevention, minimization of adverse impacts, and finally the absorption methods of some or all of the obligatory consequences. It can also be defined as Management Activities aimed at controlling risk and exerting maximum efforts and potential to reduce any risks to the acceptable levels.

This course provides a course entitled "Integrated Corporate Risk Management and Compliance". This Course provides institutions with the guidelines that could be followed as reasonable and proper standards to assess risks. In addition, this Course includes a section for the general guidelines besides including four other sections related to each other. Such sections provide the participants with additional guidelines related to various categories of risk assessment.

Course Objectives

By the end of the course, participants will be able to:

Who Should Attend?

Directors and owners of large commercial and industrial companies.
General Managers in public and private companies.
Directors of internal audit offices in companies.
Managers of the audit and audit department in companies.
All employees in the field of financial control in companies.
All students seeking contemporary approaches in financial auditing and how to detect risks.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

Methods of modern and contemporary financial auditing and its role in building the mechanism of work and directing management.
Risks and problems that may be discovered by company managers through the company’s auditors and financial auditors.
The great role of financial auditing and the role of internal audit offices in avoiding the company’s financial problems.
Disclosing the problems and mistakes of the company’s financial accountants and reviewing the financial reports.

Course Outline

Introduction to Risk Management and Compliance
- Understanding the concepts of risk, compliance, and their significance in corporate governance.
- Overview of regulatory frameworks and standards related to risk management and compliance (e.g., COSO framework, ISO standards, Basel III, GDPR, etc.).
Corporate Governance and Ethics
- Principles of corporate governance and ethical considerations in risk management and compliance.
- Role of stakeholders, board of directors, and management in ensuring ethical behavior and compliance with regulations.
Risk Identification and Assessment
- Techniques for identifying and assessing risks across various areas of business operations (e.g., financial, operational, strategic, reputational, etc.).
- Risk assessment methodologies such as scenario analysis, sensitivity analysis, and Monte Carlo simulation.
Compliance Management
- Understanding regulatory requirements and obligations relevant to the industry and jurisdiction.
- Designing and implementing compliance programs and controls to ensure adherence to laws, regulations, and internal policies.
Risk Mitigation and Control Strategies
- Developing risk mitigation strategies and controls to minimize the impact of identified risks.
- Strategies for risk transfer (e.g., insurance, hedging) and risk avoidance.
Monitoring and Reporting
- Establishing systems for ongoing monitoring of risks and compliance activities.
- Reporting mechanisms for communicating risk and compliance-related information to stakeholders, including regulators, management, and board of directors.
Technology and Data Analytics in Risk Management and Compliance
- Utilizing technology and data analytics tools for risk assessment, monitoring, and compliance activities.
- Implementing automated compliance solutions and leveraging big data for risk insights.
Role of Leadership in Risk Management and Compliance
- Leadership's role in setting the tone for risk management and compliance culture within organizations.
- Strategies for fostering a culture of integrity, accountability, and transparency.
Emerging Trends and Challenges
- Exploring emerging trends and challenges in risk management and compliance, such as cybersecurity risks, ESG (Environmental, Social, and Governance) considerations, and geopolitical uncertainties.
- Adapting risk management and compliance strategies to address evolving regulatory landscapes and business environments.

Schedule & Fees

2026 Schedule & Fees

18 - 22 Oct, 2026

English

Per participant USD 2,900

18 - 22 Oct, 2026

Arabic

Per participant USD 2,900

15 - 19 Nov, 2026

English

Per participant USD 2,900

15 - 19 Nov, 2026

Arabic

Per participant USD 2,900

2027 Schedule & Fees

17 - 21 Jan, 2027

English

Per participant USD 2,900

17 - 21 Jan, 2027

Arabic

Per participant USD 2,900

14 - 18 Feb, 2027

English

Per participant USD 2,900

14 - 18 Feb, 2027

Arabic

Per participant USD 2,900

18 - 22 Apr, 2027

English

Per participant USD 2,900

18 - 22 Apr, 2027

Arabic

Per participant USD 2,900

16 - 20 May, 2027

English

Per participant USD 2,900

16 - 20 May, 2027

Arabic

Per participant USD 2,900

18 - 22 Jul, 2027

English

Per participant USD 2,900

18 - 22 Jul, 2027

Arabic

Per participant USD 2,900

15 - 19 Aug, 2027

English

Per participant USD 2,900

15 - 19 Aug, 2027

Arabic

Per participant USD 2,900

17 - 21 Oct, 2027

English

Per participant USD 2,900

17 - 21 Oct, 2027

Arabic

Per participant USD 2,900

14 - 18 Nov, 2027

English

Per participant USD 2,900

14 - 18 Nov, 2027

Arabic

Per participant USD 2,900