Risk Management (4 day)

Course Overview

The management of business risk has become of great importance due to the impact of regulatory compliance across the world. The London Stock Exchange requires compliance with the principles defined in the Turnbull report whilst American companies must comply with Sarbanes-Oxley. The British Government requires all of its departments to practice risk management and imposes the same requirement on local government, the National Health Service and housing associations. Even unlisted and not for profit organisations such as charities can benefit from an understanding of risk management. Not all companies will face the same risks, but an understanding of the nature of risk and how risks can be identified and categorised will be useful to any organisation. Simply identifying a risk is only part of the story. The management of the risk is of equal importance and the programme will discuss what techniques are available.

This programme provides a clear understanding of the sources of business risk and a variety of strategies for identifying and managing it. The programme looks at risk from different perspectives and analyses the ways of managing each situation.

Audience

The programme will be of benefit to anyone involved in compliance operations and to those involved in general business risk management.