The British Academy for Training & Development provides a Course entitled "Introduction to Risk Management". This Course provides institutions with the guidelines that could be followed as reasonable and proper standards to assess risks. In addition, this Course includes a section for the general guidelines besides including four other sections related to each other. Such sections provide the participants with additional guidelines related to various categories of risk assessment.

Risk management is a process of risk Identification, Measurement, & Assessment, beside the development of strategies for management and reduction of prospective damages. These strategies include risk transfer, prevention, minimization of adverse impacts, and finally the absorption methods of some or all of the obligatory consequences. It can also be defined as Management Activities aimed at controlling risk and exerting maximum efforts and potential to reduce any risks to the acceptable levels.

This Course is provided for the following Target Audience:

• 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.

How participants will benefit from attending a riskـbased audit course:

At the end of the course, the participants will know:

• 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.

• Standard risk management.
• Standard Risk Management Overview AS / NZS 4360: 2004.
• Contact and Consult. Create a Framework.
• Risk identification.
• Risk analysis.
• Risk assessment.
• Risk management Monitoring and auditing.
• Risk management process.
• Methods of risk assessment.
• Precautions to be taken for avoiding risks.
• Relationship between risks and the institution policies and procedures.
• Reasons for assessing risks and taking the necessary precautions.
• Methods of certification of risk assessment and necessary precautions.
• Methods of dealing with some risks resulting from corruption.
• The proper time to take the necessary precautions.
• Risk assessment categories.
• Risk assessment field work.