Planning and Risk Assessment Training Course

This instructor-led, live training in the UK (online or onsite) is aimed at reviewers, supervisors and audit or compliance officers who wish to plan, conduct and report audits and assessments using data analytics, AI-assisted tooling and recognised risk frameworks.

This instructor-led live training in the UK (delivered online or on-site) caters to intermediate to advanced finance and asset management professionals seeking to enhance asset governance and ensure strict adherence to International Financial Reporting Standards (IFRS).

By the conclusion of this course, delegates will be capable of:

• Categorising and configuring fixed assets in line with IFRS regulations.
• Managing the creation, acquisition, and capitalisation of assets.
• Implementing stringent controls for asset tracking and oversight.
• Applying appropriate depreciation and amortisation techniques.
• Effectively managing asset transfers, relocations, and disposals.
• Ensuring full compliance with financial reporting and audit standards.

This instructor-led, live training in the UK (online or onsite) is aimed at intermediate-level finance and accounting professionals who wish to effectively manage, value, and audit fixed assets in compliance 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 with proper controls, tools, and procedures.
• Comply with legal and tax frameworks relevant to asset management and reporting.

This instructor-led session, delivered in the UK (either online or in person), is tailored for intermediate-level professionals seeking to cultivate a structured approach to identifying, analysing, and resolving issues via RCA methodologies.

By the conclusion of this programme, participants will be able to:

• Comprehend the fundamental concepts of RCA and continuous improvement cycles.
• Deploy various RCA tools to determine the root cause of problems.
• Design and implement robust problem-solving strategies.
• Integrate RCA into organisational improvement and prevention strategies.

The ultimate goal of this program is to transform the audit process from a reactive "finding" exercise into a proactive "prevention" strategy. By mastering Root Cause Analysis, Internal Audit team will specifically target the elimination of recurrent findings. This ensures that once a weakness is identified, the recommendation provides a permanent fix, safeguarding company's operational efficiency and financial integrity.

Choosing not to implement structured RCA creates a high-risk environment:

• Financial Erosion: Unresolved root causes in financial processes lead to cumulative leakages that grow 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 the UK (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 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 (online or onsite) is aimed at intermediate-level safety professionals and operational managers who wish to enhance their ability to investigate incidents, identify systemic weaknesses, and design effective corrective and preventive actions.