Fundamentals of Scenario Analysis
2 days|Delivered on request
Fundamentals of Scenario Analysis is built for delegates who need to be useful in this area quickly. It starts at first principles and works through crisis management and risk identification without assuming prior specialist training. The programme exists because boards are being asked to evidence oversight, not merely assert it, and because capability in this area is usually built on the job with no structure behind it. Delegates leave able to work confidently with operational risk, control testing and risk reporting to the board in their own organisation.
What delegates leave able to do
- Review operational risk and say plainly whether it is working, measured against COSO ERM
- Bring control testing into line with current good practice
- Make a decision about risk reporting to the board without waiting for a specialist
- Improve fraud risk management within their own organisation
What the course covers
- Crisis management
- Risk identification
- Operational risk
- Control testing
- Risk reporting to the board
- Fraud risk management
- Risk assessment methodology
Who should attend
- risk champions in operating units
- governance and assurance practitioners
- business continuity coordinators
- audit and risk committee members
