Planning and Risk Assessment Training Course

This instructor-led, live training in Australia (online or onsite) is aimed at intermediate-level to advanced-level finance and asset management professionals who wish to optimise asset tracking, control, and compliance with International Financial Reporting Standards (IFRS).

By the end of this training, participants will be able to:

• Classify and configure fixed assets according to IFRS regulations.
• Manage asset creation, acquisition, and capitalisation.
• Implement control measures for asset tracking and monitoring.
• Apply appropriate depreciation and amortisation methods.
• Process asset movements, transfers, and disposals effectively.
• Ensure compliance with financial reporting and audit standards.

This instructor-led, live training in Australia (online or onsite) is aimed at intermediate-level finance and accounting professionals who wish to effectively manage, value, and audit fixed assets in compliance with accounting standards and regulations.

By the end of this training, participants will be able to:

• Understand the life cycle and classification of fixed assets.
• Apply local and international accounting standards in asset valuation and depreciation.
• Manage fixed assets with proper controls, tools, and procedures.
• Comply with legal and tax frameworks relevant to asset management and reporting.

Overview

Regulators worldwide are increasingly tying the volume of risk banks take to the capital they must hold, prompting financial institutions to adopt risk-based management practices. As banks, their products, regulations, and the global market grow in complexity, effective risk management faces mounting challenges. A critical lesson from the banking crisis of the past five years is that risks are deeply interconnected; to manage them efficiently, banks must comprehend these interactions.

Key features include:

• An explanation of current risk-based regulations
• A detailed review of the major risks banks face
• Industry best practices for adopting an enterprise-wide approach to integrate risk management across the entire organisation
• The use of governance techniques to foster a group-wide culture where everyone actively participates in managing risks in alignment with the bank’s strategic objectives
• An exploration of the challenges risk managers may encounter in the future

The course makes extensive use of case studies designed to explore, examine, and reinforce the concepts and ideas covered over the five days. Historical events at banks are utilised throughout to highlight failures in risk management and actions that could have been taken to prevent losses.

Objectives

The objective of this course is to assist bank management in delivering an appropriate integrated strategy for managing complex and evolving risks and regulations in today’s international banking environment. Specifically, it aims to provide senior-level management with an understanding of:

• Major risks within the financial industry and key international risk regulations
• How to manage a bank’s assets and liabilities whilst maximising returns
• The interaction between different risk types and how banks utilise an integrated approach for their management
• Corporate governance and best practice approaches for managing the diverse interests of stakeholders
• How to develop a culture of risk governance as a tool for minimising unnecessary risk-taking

Who should attend this seminar

This course is intended for those new to integrated risk management, senior management responsible for strategic risk management, or those wishing to deepen their understanding of enterprise risk management. It will be beneficial to:

• Board-level bank management
• Senior managers
• Senior risk managers and analysts
• Senior directors and risk managers responsible for strategic risk management
• Internal auditors
• Regulatory and compliance personnel
• Treasury professionals
• Asset and liability managers and analysts
• Regulators and supervisory professionals
• Suppliers and consultants to banks and the risk management industry
• Corporate governance and risk governance managers

This instructor-led, live training in Australia (online or onsite) is aimed at intermediate-level professionals who wish to develop a systematic approach to identifying, analysing, and resolving problems using RCA methodologies.

By the end of this training, participants will be able to:

• Understand essential concepts of RCA and continuous improvement cycles.
• Apply different RCA tools to identify the root cause of problems.
• Develop and implement effective problem-solving strategies.
• Integrate RCA into organisational improvement and prevention efforts.

The primary objective of this programme is to shift the audit function from a reactive 'finding' exercise to a proactive 'prevention' strategy. By mastering Root Cause Analysis, the Internal Audit team can specifically target the elimination of recurring findings. This ensures that once a weakness is identified, the resulting recommendation provides a permanent solution, thereby safeguarding the organisation's operational efficiency and financial integrity.

Opting not to implement structured RCA creates a high-risk environment:

• Financial Erosion: Unresolved root causes within financial processes lead to cumulative leakages that escalate over time.
• Resource Wastage: Auditors spend 40% more time re-auditing the same failed controls rather than focusing on new strategic risks.
• Diminished Authority: Repeatedly reporting the same issues weakens the Audit Division's influence with senior management and auditees.

This instructor-led, live training in Australia (online or onsite) is aimed at intermediate-level internal auditors who wish to enhance their audit effectiveness by applying structured RCA techniques.

By the end of this training, participants will be able to:

• Understand RCA methodologies and their role in internal auditing.
• Identify and analyze the root causes of audit findings.
• Apply RCA tools such as the 5 Whys, Fishbone Diagram, and Failure Mode and Effects Analysis (FMEA).
• Develop corrective and preventive action plans based on RCA findings.
• Integrate RCA into the internal audit process to improve risk management.

This instructor-led, live training (online or onsite) is aimed at intermediate-level safety professionals and operational managers who wish to enhance their ability to investigate incidents, identify systemic weaknesses, and design effective corrective and preventive actions.