Planning and Risk Assessment Training Course

This instructor-led, live training in the Netherlands (online or onsite) is designed for finance and asset management professionals at intermediate to advanced levels 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 the Netherlands (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 for 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.

Overview

Regulators worldwide are increasingly tying the level of risk assumed by banks to the capital they must hold, while financial institutions are progressively adopting risk-based management practices. As banks, their products, regulatory frameworks, and the global market grow in complexity, effective risk management becomes ever more challenging. A critical lesson from the banking crisis 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 examination of the primary risks encountered by banks
• industry best practices for implementing an enterprise-wide approach to integrating risk management across the entire organization
• utilization of governance techniques to foster a group-wide culture ensuring all personnel actively participate in managing risks in alignment with the bank’s strategic objectives
• an exploration of potential challenges future risk managers may encounter

The course extensively utilizes case studies designed to explore, examine, and reinforce the concepts and ideas covered over the five days. Historical events at various banks will be used throughout the course to illustrate where risk management failed and to highlight actions that could have prevented losses.

Objectives

The objective of this course is to assist bank management in delivering a suitable integrated strategy for managing the complex and evolving risks and regulations prevalent in today’s international banking environment. Specifically, this course aims to provide senior-level management with an understanding of:

• major risks within the financial industry and key international risk regulations
• how to manage a bank’s assets and liabilities while maximizing returns
• the interplay between different risk types and how banks employ an integrated approach to their management
• corporate governance and best practice approaches to managing the diverse interests of stakeholders
• how to cultivate a culture of risk governance as a tool for minimizing unnecessary risk-taking

Who should attend this seminar

This course is intended for those new to integrated risk management, senior management responsible for strategic risk management, or those wishing to deepen their understanding of enterprise risk management. It will be of particular 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 the Netherlands (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.

This program aims to shift the audit approach from a reactive 'finding' mindset to a proactive 'prevention' strategy. By mastering Root Cause Analysis, internal auditors can effectively eliminate recurring issues. This ensures that when a weakness is identified, the resulting recommendation offers a lasting solution, thereby protecting the organization's operational efficiency and financial integrity.

Failing to implement structured RCA exposes the organization to significant risks:

• Financial Erosion: Unaddressed root causes in financial processes result in cumulative losses that increase over time.
• Inefficient Use of Resources: Auditors spend 40% more time re-auditing the same failed controls rather than focusing on new strategic risks.
• Reduced Influence: Continuously reporting identical issues undermines the Audit Division's credibility with senior management and audited parties.

This instructor-led, live training in the Netherlands (online or onsite) is designed for intermediate-level internal auditors seeking to enhance their audit effectiveness through the application of structured RCA techniques.

Upon completion of this training, participants will be equipped to:

• Comprehend RCA methodologies and their significance within internal auditing.
• Identify and analyse the root causes underlying audit findings.
• Apply specific RCA tools, including the 5 Whys technique, Fishbone Diagrams, and Failure Mode and Effects Analysis (FMEA).
• Formulate corrective and preventive action plans grounded in RCA insights.
• Incorporate RCA into the internal audit workflow to enhance risk management strategies.

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.