About this programme

Risk management and internal controls are critical for protecting organizational assets, ensuring compliance, and achieving business objectives. This training provides participants with practical skills to identify, assess, and manage risks while designing effective internal control systems. Case studies and practical exercises will help learners apply frameworks to strengthen governance, prevent fraud, and enhance operational efficiency.

Duration

5 Days

Who Should Attend

Risk managers and officers
Internal auditors and compliance professionals
Finance and operations managers
Corporate governance officers
Professionals involved in control, monitoring, and risk assessment

Learning outcomes

What you'll walk away with

By the end of the course, participants will be able to:

Understand the principles of risk management and internal controls.
Apply frameworks such as COSO and ISO 31000 to organizational contexts.
Identify risks across financial, operational, and strategic functions.
Design and evaluate effective internal control systems.
Develop risk reporting and monitoring mechanisms.
Strengthen governance and accountability within organizations.

Course modules

What we cover, module by module

Module 1: Foundations of Risk Management and Internal Controls

Risk management concepts, principles, and frameworks
Role of internal controls in governance and compliance
Case study: Corporate failures due to weak controls

Module 2: Risk Identification and Assessment

Tools and techniques for identifying risks (SWOT, PESTLE, risk registers)
Risk assessment methods: qualitative and quantitative
Practical: Conducting a risk assessment exercise

Module 3: Designing and Implementing Internal Controls

Types of internal controls: preventive, detective, corrective
Control activities for finance, operations, and IT
Case study: Effective internal control system implementation

Module 4: Monitoring, Reporting, and Continuous Improvement

Key risk indicators (KRIs) and control monitoring techniques
Risk reporting to management and boards
Practical: Developing a risk and control monitoring dashboard

Module 5: Governance, Compliance, and Strategic Risk Management

Linking risk management to organizational strategy
Compliance with legal and regulatory requirements
Case study: Integrating ERM into corporate governance

Impact

Where the change lands

Organizational Impact

Stronger risk management strategies and frameworks
Improved compliance with regulatory and governance standards
Enhanced fraud prevention and detection capabilities
Increased operational efficiency and accountability
Better decision-making supported by risk and control insights

Individual Impact

Improved ability to identify, assess, and mitigate risks
Stronger skills in designing and monitoring internal controls
Confidence in handling compliance and audit requirements
Broader understanding of enterprise risk management frameworks
Career growth in risk, audit, and governance roles

Dates and locations

Upcoming intakes

Every intake is limited to a small cohort. Booking closes when a date fills or three weeks before the start, whichever comes first.

Full calendar

City	Starts	Ends	Delivery	Book
NakuruNext	20 Jul 2026	24 Jul 2026	In-Person	Book
Kigali	20 Jul 2026	24 Jul 2026	In-Person	Book
Accra	20 Jul 2026	24 Jul 2026	In-Person	Book
Kisumu	27 Jul 2026	31 Jul 2026	In-Person	Book
Johannesburg	27 Jul 2026	31 Jul 2026	In-Person	Book
Dakar	27 Jul 2026	31 Jul 2026	In-Person	Book