Event details

Developing and Auditing a Risk Management Framework - Online Classroom

 Your Competitive Advantage

Internal audit is vital to the proper management of risk and risk governance. Current corporate governance codes – like that of ASX – place internal audit squarely at the front and centre of their risk management strategies.
Learn more about ensuring that your risk management is sound, effective and well governed in this highly interactive and practical course, loaded with real-life, down-to-earth case studies from both private and public sectors.


Learning outcomes

  • The path and foundation - purpose, objectives and criteria for your risk management framework; key stakeholders and responsibilities; confirming and reinforcing
  • Understanding risk in your organisation - defining risk types; accumulation/concentration of risk; assessing risk appetite, attitude, resilience and residual risk; defining risk indicators for reporting
  • Proper risk mitigation - risk control measures and confirming their effectiveness; confirming risk response; defining performance measures; confirming and reinforcing the role of internal audit
  • Risk management standards - Australian and international risk management standard AS/NZS ISO 31000:2009; practical application for governance and audit; comparing and combining internal control and risk management
  • Ensuring complete and functional management - defining and assessing effectiveness; ensuring effectiveness in key external organisations; testing total framework effectiveness; reinforcing risk management behaviours; confirming risk management quality
  • Assurance - providing objective advice and assurance to stakeholders

Tangible outcomes

  • Recognise and assess organisational risk
  • Understand the elements of effective risk management and internal audit's role
  • Establish clear performance measures for effective risk management
  • Improve knowledge and capability of internal audit for effective risk management



Online Classroom:  The content delivered for IIA-Australia training programs in the online classroom format is the same as what would be delivered face-to-face.
This one-day training program will be delivered in two 3 hour lessons (10:30am - 1:30pm AEDT) using Zoom. Registrations will be strictly limited to 12 participants to allow maximium interaction in the online environment.

For credit card payments: Click REGISTER NOW button below

For Funds Transfer payments: Download the funds transfer registration form here and email the completed form totraining@iia.org.au.

Click here to view our terms and conditions

Register now

Tuesday, 2 March 2021 to Wednesday, 3 March 2021
Online Classroom



Duration and CPE
2 x 3 hours, 6.00 hours
For more information please contact Christopher Camp
+61 02 9267 9155