Internal Auditor’s Role in the Risk Management Process

Workshop: May 21 – 23, 2019ILjubljana, SloveniaIApplication deadline: April 26, 2019IAuditing

The workshop will help internal auditors improve their knowledge of the overall risk management process and to learn how to apply the requirements for a proactive approach in identifying and evaluating risk, assessing sufficiency of controls and identifying process threats as well as improvement opportunities. The workshop will look into effective mechanisms to manage risks in the day-to-day operation of the internal audit. The workshop will also explore how internal audit department adds value to the organization and how to embed risk management successfully into the organization’s structure.

What you will learn

As public-sector organizations come under increasing pressures to reduce costs and improve accountability and performance, effective risk management and coordination with a strong internal audit function are critical to their success. It is through a systematic approach to risk management and by successfully balancing risk and control that they can significantly enhance the value delivered to stakeholders. To address these challenges this learning initiative is designed to help internal auditors improve their knowledge of the overall risk management process and to learn how to apply the requirements for a proactive approach in identifying and evaluating risk, assessing sufficiency of controls and identifying process threats as well as improvement opportunities. In particular, the course will look into effective mechanisms to manage risks in the day-to-day operation of the internal audit. The workshop will also explore how internal audit department adds value to the organization and how to embed risk management successfully into the organization’s structure.

Who should attend

This practical hands-on workshop has been primarily designed for internal audit professionals from ministries and other public institutions who are involved in the ongoing process of identifying and assessing risks that if tackled proactively and timely allow for an effective and efficient delivery of organization’s planned services.

Risk, compliance and other financial officers who want to learn more about running effective risk management process in an organization are welcome to apply as well.

Participants should be involved in the daily practical aspects of risk management process and be ready to share experiences and express opinions in discussion with other participants.

Partners

This learning initiative is supported by:

Ministry of Finance, the Netherlands Ministry of Finance Slovenia Slovenia's Development Cooperation
Apply now