Planning and Risk Assessment Training Course

This instructor-led, live training in Sweden (online or onsite) is designed for intermediate to advanced finance and asset management professionals who wish to optimize asset tracking, control, and compliance with international financial reporting standards (IFRS).

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

• Classify and configure fixed assets according to IFRS regulations.
• Manage asset creation, acquisition, and capitalization.
• Implement control measures for asset tracking and monitoring.
• Apply appropriate depreciation and amortization methods.
• Process asset movements, transfers, and disposals effectively.
• Ensure compliance with financial reporting and audit standards.

This instructor-led live training in Sweden (online or onsite) is designed for finance and accounting professionals at an intermediate level 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 lifecycle and classification of fixed assets.
• Apply local and international accounting standards to asset valuation and depreciation.
• Manage fixed assets with appropriate controls, tools, and procedures.
• Comply with legal and tax frameworks relevant to asset management and reporting.

Course Objective:

To equip participants with a solid grasp of GRC processes and capabilities, along with the necessary skills to effectively integrate governance, performance management, risk management, internal control, and compliance activities.

Course Overview:

• Essential GRC terminology and definitions
• Foundational principles of GRC
• Core components, practices, and activities
• The relationship between GRC and other disciplines

Overview

Regulators worldwide are increasingly connecting the level of risk a bank assumes to the capital it must maintain, while financial institutions are shifting towards risk-based management practices. As banks, their products, regulatory frameworks, and global markets grow more intricate, effective risk management faces escalating challenges. A critical takeaway from the banking crises of the past five years is that risks are deeply interconnected; to manage them efficiently, banks must comprehend these interactions.

Key course features include:

• An explanation of current risk-based regulations
• A detailed review of the primary risks faced by banks
• Industry best practices for adopting an enterprise-wide approach to integrate risk management across the entire organization
• The use of governance techniques to foster a group-wide culture ensuring all staff actively participate in managing risks in alignment with the bank’s strategic objectives
• Exploration of future challenges for risk managers

The course extensively utilizes case studies designed to explore, examine, and reinforce the concepts and ideas covered over the five days. Historical events at banks are referenced throughout to illustrate failures in risk management and identify actions that could have prevented losses.

Objectives

This course aims 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, it seeks to provide senior management with an understanding of:

• Major risks within the financial industry and key international risk regulations
• Methods for managing a bank’s assets and liabilities to maximize returns
• The interplay between different risk types and how banks employ an integrated management approach
• Corporate governance and best practices for managing diverse stakeholder interests
• Strategies for developing a risk governance culture to minimize unnecessary risk-taking

Who should attend this seminar

This course is designed for those new to integrated risk management, senior management responsible for strategic risk management, or individuals seeking to deepen their understanding of enterprise risk management. It is beneficial for:

• 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 training course centers on the information security risk management process outlined by ISO/IEC 27005, as well as the standard's overall structure.

Participants will gain an overview of the guidelines provided by ISO/IEC 27005 for managing information security risks, covering key areas such as establishing context, risk assessment, risk treatment, communication and consultation, documentation and reporting, as well as monitoring and review.

Upon completing the training, you may register for the Foundation Exam. By passing this exam, you become eligible to apply for a "PECB Certificate Holder in ISO/IEC 27005 Foundation" certification.
Foundation Exam (additional fee): Duration: 1 hour, Questions: 40, Format: Online

Earning a PECB Foundation certificate demonstrates your competence in the fundamental concepts, principles, methodologies, processes, and management approaches essential for information security risk management.

This instructor-led, live training in Sweden (online or onsite) is aimed at intermediate-level professionals who wish to develop a systematic approach to identifying, analyzing, 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 organizational improvement and prevention efforts.

The primary objective of this program is to shift the audit process from a reactive approach focused on "finding" issues to a proactive strategy centered on "prevention." By mastering Root Cause Analysis, the Internal Audit team can specifically target the elimination of recurring findings. This ensures that once a weakness is identified, the resulting recommendations offer a permanent solution, thereby safeguarding the company's operational efficiency and financial integrity.

Failing to implement structured RCA creates a high-risk environment characterized by:

• Financial Erosion: Unresolved root causes within financial processes result in cumulative losses that increase over time.
• Resource Wastage: Auditors spend 40% more time re-auditing the same failed controls, detracting from their ability to focus 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 Sweden (online or onsite) is designed for intermediate-level internal auditors seeking to improve 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.

Course Objectives:

• This is a one-day course. Upon completion, participants will be able to:
  • Define risk, its origins, and its impact on the business, thereby enhancing their awareness of the subject.
  • Cite specific scenarios that can help the organization minimize and, ideally, eliminate risk.
  • Proactively forecast risks and challenges effectively.
  • Discover various techniques for identifying, mitigating, and limiting risk.
  • Collaborate with internal teams to strengthen the organization's overall risk management.