Planning and Risk Assessment Training Course

Designed for finance and asset management professionals at intermediate to advanced levels, this instructor-led, live training in Botswana (online or onsite) focuses on optimizing asset tracking, control, and adherence to International Financial Reporting Standards (IFRS).

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

• Classify and configure fixed assets in accordance with IFRS regulations.
• Oversee asset creation, acquisition, and capitalization processes.
• Establish control measures for robust asset tracking and monitoring.
• Apply suitable depreciation and amortization methodologies.
• Efficiently manage asset movements, transfers, and disposals.
• Ensure strict compliance with financial reporting and audit standards.

This instructor-led, live training in Botswana (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.

Overview

Regulators worldwide are increasingly tying the level of risk a bank assumes to the amount of capital it must hold, while financial institutions are adopting risk-centric management practices. As banks, their products, regulatory frameworks, and global markets grow more intricate, effective risk management faces escalating challenges. 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 interdependencies.

Key features include:

• an explanation of current risk-based regulations
• a detailed review of the major risks confronting banks
• industry best practices for implementing an enterprise-wide approach to integrating risk management
• the application of governance techniques to foster a group-wide culture that ensures active participation in risk management aligned with the bank’s strategic objectives
• an exploration of the challenges risk managers may encounter in the future.

The course utilises extensive case studies designed to explore, examine, and reinforce the concepts and ideas covered over the five days. Historical events at banks are employed throughout to highlight failures in risk management and the actions that could have prevented losses.

Objectives

The objective of this course is to assist bank management in delivering an appropriate integrated strategy for managing the complex and evolving risks and regulations in today’s international banking landscape. Specifically, this course aims to provide senior 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 maximising returns
• the interaction between risk types and how banks employ an integrated approach to manage them
• corporate governance and best practice approaches to managing the diverse interests of stakeholders
• how to cultivate a risk governance culture as a tool for minimising 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 individuals seeking to deepen their understanding of enterprise risk management. It is of 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 Botswana (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 programme is to shift the auditing function from a reactive 'identification' approach to a proactive 'prevention' strategy. By gaining proficiency in Root Cause Analysis, the internal audit team can effectively target and eliminate recurring issues. This ensures that when a weakness is detected, the resulting recommendations offer a lasting solution, thereby protecting the organisation's operational efficiency and financial integrity.

Opting not to implement structured RCA fosters a high-risk environment characterised by:

• Financial Erosion: Unaddressed underlying causes in financial processes result in cumulative losses that escalate over time.
• Resource Wastage: Auditors allocate 40% more time re-auditing the same failed controls rather than focusing on emerging strategic risks.
• Diminished Authority: Frequently reporting identical issues undermines the Audit Division's standing with senior management and the audited parties.

This instructor-led, live training session in Botswana (accessible online or onsite) is targeted at intermediate-level internal auditors keen on strengthening their audit performance by deploying structured RCA techniques.

By the conclusion of this training, participants will be capable of:

• Understanding RCA methodologies and their role in internal auditing.
• Identifying and analysing the root causes of audit findings.
• Applying RCA tools such as the 5 Whys, Fishbone Diagram, and Failure Mode and Effects Analysis (FMEA).
• Developing corrective and preventive action plans based on RCA findings.
• Integrating 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.