Internal Control & Risk Management Course

Event Dates: Sep 17, 2012 08:30 AM - Sep 28, 2012 02:30 PM Email Address: Click to Email Phone: +27 832 412 212 Area: Dar Es Salaam Website: Go to Website

About Internal Control & Risk Management Course:

This course is designed for professionals who have responsibilities or seek to acquire skills in internal control and risk management in their organizations.

Undoubtedly, internal control is fundamental to the successful operation and day-to-day running of a business and it assists the company in achieving its business objectives. It encompasses all controls incorporated into the strategic, governance and management processes, covering the company’s entire range of activities and operations, and not just those directly related to financial operations and reporting.  Its scope is not confined to those aspects of a business that could broadly be defined as compliance matters, but extends also to the performance aspects of a business.

Risk management encompasses methods and processes used by organisations to manage risks and seize opportunities in relation to achievement of their business objectives.

It typically involves identifying particular events or circumstances relevant to the organisation’s objectives, assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress. By identifying and addressing risks and opportunities, business enterprises protect and create value for their stakeholders. One of the most common approaches of managing risk is through the establishment and implementation of effective internal controls. It plays an important role in preventing and detecting irregularities such as errors and/or fraud and protecting the organisation’s resources, both tangible and intangible.

Location/Directions:
Bluepearl Hotel, Dar es Salaam, Tanzania