Planning and Risk Assessment Training Course

This instructor-led, live training in New Zealand (online or on-site) is designed for intermediate to advanced-level finance and asset management professionals seeking to enhance asset tracking, control, and compliance with International Financial Reporting Standards (IFRS).

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

• Classify and configure fixed assets in line with IFRS requirements.
• Oversee asset creation, acquisition, and capitalisation.
• Establish control measures for effective asset tracking and monitoring.
• Apply suitable depreciation and amortisation methods.
• Efficiently manage asset movements, transfers, and disposals.
• Ensure adherence to financial reporting and audit standards.

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

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

• Understand the life cycle and classification of fixed assets.
• Apply local and international accounting standards in asset valuation and depreciation.
• Manage fixed assets using appropriate controls, tools, and procedures.
• Comply with legal and tax frameworks relevant to asset management and reporting.

Course goal:

To ensure individuals have a solid understanding of GRC processes and capabilities, along with the skills needed to integrate governance, performance management, risk management, internal control, and compliance activities.

Overview:

• Basic GRC terms and definitions
• GRC principles
• Core components, practices and activities
• How GRC relates to other disciplines

Overview

Regulators worldwide are increasingly tying the level of risk a bank assumes to the capital it must hold, while financial institutions are shifting towards risk-based management practices. As banks, their products, regulatory frameworks, and the global market grow in complexity, effective risk management becomes an ever greater challenge. A crucial lesson from the banking crisis of the last five years is that risks are highly 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 faced by banks
• Industry best practices for adopting an enterprise-wide approach to integrating risk management across the organisation
• Utilising governance techniques to foster a group-wide culture that ensures everyone plays an active role in managing risks in alignment with the bank’s strategic objectives
• An exploration of the challenges risk managers may face in the future

This course makes extensive use of case studies designed to explore, examine, and reinforce the concepts and ideas covered over the five days. Historical events at banks will be used throughout to highlight how they failed to manage their risks and the 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 key international risk regulations
• How to manage a bank’s assets and liabilities while maximising returns
• The interaction between risk types and how banks use an integrated approach to manage them
• 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 minimising unnecessary risk-taking

Who should attend this seminar

This course is intended for those who are new to integrated risk management, senior management responsible for strategic risk management, or those who wish to further 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 New Zealand (online or on-site) is designed for intermediate-level professionals who wish to develop a systematic approach to identifying, analysing, and resolving problems using RCA methodologies.

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

• Understand essential concepts of RCA and continuous improvement cycles.
• Apply different RCA tools to identify the root cause of problems.
• Develop and implement effective problem-solving strategies.
• Integrate RCA into organisational improvement and prevention efforts.

The primary objective of this programme is to shift the audit function from a reactive 'finding' activity to a proactive 'prevention' strategy. 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 resulting recommendation delivers a lasting fix, 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 in financial processes lead to cumulative leakages that escalate over time.
• Resource Wastage: Auditors spend 40% more time re-auditing the same failed controls instead of 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 in New Zealand (online or onsite) is aimed at intermediate-level internal auditors who wish to enhance their audit effectiveness by applying 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 analyse 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 who wish to strengthen their ability to investigate incidents, pinpoint systemic weaknesses, and develop effective corrective and preventive actions.

Course Objectives:

• This is a one-day course. Upon completion, participants will be able to:
  • Define what constitutes a risk, its origins, and its impact on business, as demonstrated by their heightened awareness of the subject.
  • Identify various scenarios that can assist the organisation in limiting and, ideally, eliminating risk.
  • Proactively forecast potential risks and challenges.
  • Explore a range of techniques to identify, mitigate, and limit risk.
  • Collaborate with internal teams to strengthen risk management across the organisation as a whole.