Who Should Attend?

• Directors and owners of large commercial and industrial companies.
• General Managers in public and private companies.
• Directors of internal audit offices in companies.
• Managers of the audit and audit department in companies.
• All employees in the field of financial control in companies.
• All students seeking contemporary approaches in financial auditing and how to detect risks.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Methods of modern and contemporary financial auditing and its role in building the mechanism of work and directing management.
• Risks and problems that may be discovered by company managers through the company’s auditors and financial auditors.
• The great role of financial auditing and the role of internal audit offices in avoiding the company’s financial problems.
• Disclosing the problems and mistakes of the company’s financial accountants and reviewing the financial reports.

• Introduction to Risk Management and Compliance
  • Understanding the concepts of risk, compliance, and their significance in corporate governance.
  • Overview of regulatory frameworks and standards related to risk management and compliance (e.g., COSO framework, ISO standards, Basel III, GDPR, etc.).
• Corporate Governance and Ethics
  • Principles of corporate governance and ethical considerations in risk management and compliance.
  • Role of stakeholders, board of directors, and management in ensuring ethical behavior and compliance with regulations.
• Risk Identification and Assessment
  • Techniques for identifying and assessing risks across various areas of business operations (e.g., financial, operational, strategic, reputational, etc.).
  • Risk assessment methodologies such as scenario analysis, sensitivity analysis, and Monte Carlo simulation.
• Compliance Management
  • Understanding regulatory requirements and obligations relevant to the industry and jurisdiction.
  • Designing and implementing compliance programs and controls to ensure adherence to laws, regulations, and internal policies.
• Risk Mitigation and Control Strategies
  • Developing risk mitigation strategies and controls to minimize the impact of identified risks.
  • Strategies for risk transfer (e.g., insurance, hedging) and risk avoidance.
• Monitoring and Reporting
  • Establishing systems for ongoing monitoring of risks and compliance activities.
  • Reporting mechanisms for communicating risk and compliance-related information to stakeholders, including regulators, management, and board of directors.
• Technology and Data Analytics in Risk Management and Compliance
  • Utilizing technology and data analytics tools for risk assessment, monitoring, and compliance activities.
  • Implementing automated compliance solutions and leveraging big data for risk insights.
• Role of Leadership in Risk Management and Compliance
  • Leadership's role in setting the tone for risk management and compliance culture within organizations.
  • Strategies for fostering a culture of integrity, accountability, and transparency.
• Emerging Trends and Challenges
  • Exploring emerging trends and challenges in risk management and compliance, such as cybersecurity risks, ESG (Environmental, Social, and Governance) considerations, and geopolitical uncertainties.
  • Adapting risk management and compliance strategies to address evolving regulatory landscapes and business environments.