Planning and Risk Assessment Training Course

This instructor-led, live training in Greece (online or onsite) targets finance and asset management professionals at intermediate to advanced levels who aim to optimize asset tracking, control, and compliance with International Financial Reporting Standards (IFRS).

Upon completion of this training, participants will be able to:

• Classify and configure fixed assets in accordance with IFRS regulations.
• Manage asset creation, acquisition, and capitalization processes.
• Implement robust control measures for asset tracking and monitoring.
• Apply suitable depreciation and amortization methods.
• Effectively process asset movements, transfers, and disposals.
• Ensure full compliance with financial reporting and audit standards.

This instructor-led, live training in Greece (online or onsite) is designed for intermediate-level finance and accounting professionals who wish to effectively manage, value, and audit fixed assets in compliance with accounting standards and regulations.

Upon completion of this training, participants will be equipped to:

• Comprehend the lifecycle and classification of fixed assets.
• Apply both local and international accounting standards regarding asset valuation and depreciation.
• Oversee fixed assets using appropriate controls, tools, and procedures.
• Adhere to legal and tax frameworks pertinent to asset management and reporting.

Course Objective:

The goal is to equip participants with a solid understanding of GRC processes and capabilities, along with the practical skills needed to integrate governance, performance management, risk management, internal control, and compliance activities.

Course Summary:

• Essential GRC terminology and definitions
• Core principles of GRC
• Key components, practices, and activities
• The interplay between GRC and related disciplines

Overview

Regulators worldwide are increasingly tying the capital banks must hold to the level of risk they undertake. Consequently, banks and financial service providers are shifting toward risk-based management practices. As banks, their products, regulations, and the global market grow more complex, the challenges of effective risk management intensify. A critical lesson from the banking crisis of the past five years is that risks are deeply interconnected; to manage them efficiently, banks must understand these interactions.

Key features include:

• An explanation of current risk-based regulations
• A detailed review of the major risks confronting banks
• Industry best practices for adopting an enterprise-wide approach to integrating risk management across the entire organization
• The use of governance techniques to foster a group-wide culture where everyone actively manages risks in alignment with the bank’s strategic objectives
• Analysis of potential challenges risk managers may face in the future

The course extensively utilizes case studies designed to explore, examine, and reinforce the concepts and ideas covered over the five days. Historical events at banks are used throughout to highlight failures in risk management and discuss actions that could have been taken to prevent losses.

Objectives

The objective of this course is to assist bank management in delivering an appropriate integrated strategy for managing complex and evolving risks and regulations in today’s international banking environment. Specifically, this course aims to give senior-level management an understanding of:

• Major risks within the financial industry and significant international risk regulations
• How to manage a bank’s assets and liabilities while maximizing returns
• The interaction between risk types and how banks employ an integrated approach for their management
• Corporate governance and best practice approaches to managing the diverse interests of stakeholders
• How to develop a culture of risk governance as a tool for minimizing unnecessary risk-taking

Who should attend this seminar

This course is intended for those new to integrated risk management, senior management responsible for strategic risk management, or those wishing to deepen their understanding of enterprise risk management. It will be of use to:

• Board-level bank management
• Senior managers
• Senior risk managers and analysts
• Senior directors and risk managers responsible for strategic risk management
• Internal auditors
• Regulatory and compliance personnel
• Treasury professionals
• Asset and liability managers and analysts
• Regulators and supervisory professionals
• Suppliers and consultants to banks and the risk management industry
• Corporate governance and risk governance managers.

This instructor-led, live training in Greece (available either online or in-person) is designed for intermediate-level professionals seeking to cultivate a systematic approach to identifying, analysing, and resolving problems using RCA methodologies.

Upon completion of this training, participants will be capable of:

• Grasping the core concepts of RCA and continuous improvement cycles.
• Utilising various RCA tools to pinpoint the root causes of problems.
• Developing and executing effective problem-solving strategies.
• Integrating RCA into organisational improvement and preventive initiatives.

The primary objective of this programme is to shift the audit approach from a reactive exercise of 'finding' faults to a proactive strategy focused on 'prevention'. By mastering Root Cause Analysis, the Internal Audit team will specifically target the elimination of recurring findings. This ensures that once a weakness is identified, the recommendations provide a lasting solution, thereby safeguarding the company's operational efficiency and financial integrity.

Failing to implement structured RCA creates a high-risk environment:

• Financial Erosion: Unresolved root causes within financial processes lead to cumulative leakages that worsen over time.
• Resource Wastage: Auditors spend 40% more time re-auditing the same failed controls rather than focusing on new strategic risks.
• Diminished Authority: Repeatedly reporting the same issues weakens the Audit Division's influence with senior management and auditees.

This instructor-led, live training session in Greece (online or onsite) targets intermediate-level internal auditors who wish to improve their audit effectiveness through the application of structured RCA techniques.

By the end of this training, participants will be able to:

• Understand RCA methodologies and their role in internal auditing.
• Identify and analyze the root causes of audit findings.
• Apply RCA tools such as the 5 Whys, Fishbone Diagram, and Failure Mode and Effects Analysis (FMEA).
• Develop corrective and preventive action plans based on RCA findings.
• Integrate RCA into the internal audit process to improve risk management.

This instructor-led live training, available online or on-site, is designed for intermediate-level safety professionals and operational managers looking to enhance their ability to investigate incidents, identify systemic weaknesses, and design effective corrective and preventive actions.

Course Aims:

• This intensive one-day programme is designed so that, upon completion, participants will be equipped to:
  • Articulate the definition of risk, its origins, and its business impact, thereby significantly raising their awareness of the subject matter.
  • Identify specific scenarios that enable the organisation to contain and, ideally, eradicate risk.
  • Proactively forecast potential risks and challenges.
  • Explore a variety of techniques for identifying, mitigating, and limiting risk.
  • Work effectively with internal stakeholders to bolster the organisation's overall risk management framework.