Risk management and internal controls Part 1
Presenters : Lettie Janse van Vuuren CA(SA)
Overview
Quality management within organisations is built on a strong foundation of effective risk management and internal controls. This webinar explores how identifying, assessing, and mitigating risks are essential to maintaining operational excellence, regulatory compliance, and organisational resilience. By integrating robust internal control frameworks, businesses can safeguard assets, enhance decision-making, and support sustainable growth.
Join Lettie Janse van Vuuren CA(SA) as she unpacks the principles of risk management and internal controls, equipping professionals with practical tools to strengthen organisational resilience, enhance compliance, and foster a risk-aware culture.
Learning objectives
Attending this webinar will equip you with the following skills:
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Understand the fundamental concepts of risk management and internal controls.
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Be able to identify and assess key risks that impact business operations.
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Know how to implement effective risk mitigation strategies and internal control frameworks.
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Understand how to monitor the risk assessment process and strive for constant improvement.
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Understand how to enhance compliance with regulatory requirements and industry standards, and develop a risk-aware culture within their organization.
Content
The webinar will cover the following topics:
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Introduction to Risk Management and Internal Controls (the Risk Assessment Process)
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Definition and importance of risk management
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The role of internal controls in mitigating risks
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Key principles of a robust risk management framework
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Regulatory and compliance considerations
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Risk Identification and Assessment
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Types of risks: operational, financial, strategic, and compliance risks
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Risk assessment techniques and methodologies
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Risk Mitigation and Control Implementation
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Designing and implementing effective internal controls
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The role of technology in risk management
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Case studies and real-world applications
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Monitoring, Reporting, and Continuous Improvement
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Key performance indicators (KPIs) for risk management
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Internal audits and risk reporting
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Strategies for maintaining and improving risk controls
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Conclusion.
