Auditing and Governance Risk and Compliance

Auditing Risk Management Effectiveness

Boards ask internal audit whether risk management actually works. This course covers auditing risk management: framework design, risk governance and culture, risk identification and assessment quality, risk appetite use, risk responses, reporting and integration into decision making.

5 days Classroom or live online English

Smart Horizon Certified - Global Leadership Consultants

Take the course details with you.

Download the full standard outline: why attend, methodology, objectives, audience, competencies, the daily outline and current plans.

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Why attend

From knowledge to real-world impact.

A risk register is not evidence of effective risk management. You will learn to assess whether risk management influences decisions.

Workplace challenges

Professional Problems This Course Is Designed to Solve

The programme explores practical approaches to the following challenges. Results depend on how the learning is applied in your organisation.

Difficulty translating subject knowledge into practical workplace decisions.
Inconsistent approaches to the activities covered in the course outline.
Lack of a structured plan for applying and reviewing new skills.

Course methodology

How you will learn.

Framework review exercises, maturity assessments, case studies and reporting practice.

Course objectives

What you'll take away.

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

Explain standards for auditing risk management
Assess risk management framework design
Evaluate risk governance and culture
Review the quality of risk identification and assessment
Test risk responses and reporting
Assess integration into decision making

Target audience

Who should attend.

This course is suitable for:

Internal auditors
Risk managers
Audit managers
Audit committee members
Governance professionals

Target competencies

Capabilities you will build.

Participants will develop competencies in:

Framework evaluation
Maturity assessment
Culture assessment
Testing
Reporting

Course outline

Your learning journey.

A focused, practical outline with time to explore, apply and reflect.

Day 1Auditing Risk Management

09:00–10:08Standards
10:08–11:00Audit approaches
11:00–11:30Coffee break
11:30–11:45Audit approaches (continued)
11:45–12:53Maturity models
12:53–14:00Exercise

Day 2Framework and Governance

09:00–10:08Policy and appetite
10:08–11:00Roles
11:00–11:30Coffee break
11:30–11:45Roles (continued)
11:45–12:53Culture
12:53–14:00Workshop

Day 3Identification and Assessment

09:00–10:08Quality of registers
10:08–11:00Assessment consistency
11:00–11:30Coffee break
11:30–11:45Assessment consistency (continued)
11:45–12:53Emerging risks
12:53–14:00Exercise

Day 4Responses and Reporting

09:00–10:08Response effectiveness
10:08–11:00Reporting quality
11:00–11:30Coffee break
11:30–11:45Reporting quality (continued)
11:45–12:53Escalation
12:53–14:00Case study

Day 5Integration

09:00–10:08Decision making
10:08–11:00Strategy links
11:00–11:30Coffee break
11:30–11:45Strategy links (continued)
11:45–12:53Opinion and reporting
12:53–14:00Action plan

The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.

Dates & venues

Find a session that works for you.

Confirmed dates accept registration requests. Tentative dates are enquiry only.

Good to know

A few things to know.

How is the course delivered?

Our classroom programmes combine facilitated discussion, case studies, exercises and reflection. The precise format will be confirmed before enrolment.

Can you deliver this programme for our team?

Yes, you can enquire about a tailored programme. Share your goals, group size and preferred dates with our learning team.

Will I receive a certificate?

Participants who complete the programme receive a Smart Horizon UK certificate of attendance. Smart Horizon UK programmes are not externally accredited and do not award a professional qualification, licence or designation. Where a course title or outline refers to a professional certification (for example, AACE International's Certified Cost Professional), the programme supports learning and preparation only; the credential itself is awarded solely by the relevant professional body under its own application and examination requirements.

What should I confirm before booking travel?

Please confirm the session, exact venue, accessibility arrangements, fees and any visa requirements with the team before arranging travel. Tentative dates are not confirmed sessions.

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The full course agenda and dates are available above. Use the session links in Dates & venues to choose a session. Registration and quotation forms require JavaScript; you can also contact our learning team directly.