This work is designed to provide participants with alternative methods, tools and structures that can be used for establishing an ERM. During this workshop participants will have the chance to apply what they learned to a case study where they will get to use the most beneficial audit techniques, tools and process to evaluate an ERM fact situation.

COURSE OBJECTIVES

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

DURATION

1 Week

WHO SHOULD ATTEND

All Internal Auditors, Database Managers, IT Managers, Financial Controllers, Database Administrators, IT Personnels, Business Analysts and others who perform related functions or who want to update their knowledge in Oracle Databases Management in the Public and Private Sectors.

COURSE CONTENT

Defining the Key Components of ERM

• Identifying Risk Events
• Assessing Risk, Probability and Impact
• Risk Reponses
• Monitoring the ERM process on an ongoing basis

 Integrating Business Risk and Internal Control

• The Concept of Business Risk
• Relationship of Business Risk
• Strategy on fundamental Business Process
• Using KPI’s and the Baseline

 Auditing the ERM Process

• Auditing the Risk Organizational Structure
• Auditing the Risk Infrastructure for Completeness and Coverage
• Auditing the Information flow of the ERM Environment
• Timeliness
• Accuracy and Usefulness

 Auditing the Effectiveness of ERM in the Organization

• Evaluation criteria of success
• ERM Process in precluding or minimizing risks
• Auditing the maintenance and future strategic initiative

A Top-Down Risk-Based Approach to Establishing an ERM process

• The Risk Organizational Structure
• Reporting structure
• Operating Format

Developing an ERM Audit Process

• Risk Assessing the ERM Environment
• Focusing the Audit and Establishing the Audit Scope
• Audit Approach/Tools/Techniques/Strategy
• Effective Report Format to bring about change