- 18 - 22 Oct, 2026
- English
Enterprise Risk Management (ERM) has evolved a lot since the seventies. From simply 'buying' insurance, it has grown in importance to become a prime function in many organizations. It is now part of a bigger system known as Governance, Risk and Compliance (GRC) which starts with corporate governance and ends with compliance. ERM is the function of studying the risks that may hinder a corporation's ability to achieve its goals and then deciding how to overcome these risks. Studies regarding risk management were done by different organizations, including ISO which issued ISO 31000 on risk management. However, the most accepted ERM system is the one designed by 'COSO'. This system, which is the one covered in this course, teaches the steps needed to control risk. It starts with the evaluation of the internal environment and the setting of objectives which are, mainly, a result of the tone at the top of the organization, the directives from corporate governance as well as the vision, mission and corporate strategies. Then, the course goes through the steps management needs to consider in order to identify and assess risk and decide on proper risk responses and controls. The course ends with how to monitor, communicate and report risk. In addition, the course looks at risk in different organizational areas such as strategy, reporting, compliance, operations, financial or physical risk as well as risk in different industries.
The course is based on detailed explanations by the instructor and presentations by both the participants and the instructor. It also includes many case studies related to different industries and areas of the business.
By the end of the course, participants will be able to:
Managers, senior managers, directors, executives, financial controllers, senior accounting and finance personnel, and auditors.
Enterprise Risk Management (ERM) has evolved a lot since the seventies. From simply 'buying' insurance, it has grown in importance to become a prime function in many organizations. It is now part of a bigger system known as Governance, Risk and Compliance (GRC) which starts with corporate governance and ends with compliance. ERM is the function of studying the risks that may hinder a corporation's ability to achieve its goals and then deciding how to overcome these risks. Studies regarding risk management were done by different organizations, including ISO which issued ISO 31000 on risk management. However, the most accepted ERM system is the one designed by 'COSO'. This system, which is the one covered in this course, teaches the steps needed to control risk. It starts with the evaluation of the internal environment and the setting of objectives which are, mainly, a result of the tone at the top of the organization, the directives from corporate governance as well as the vision, mission and corporate strategies. Then, the course goes through the steps management needs to consider in order to identify and assess risk and decide on proper risk responses and controls. The course ends with how to monitor, communicate and report risk. In addition, the course looks at risk in different organizational areas such as strategy, reporting, compliance, operations, financial or physical risk as well as risk in different industries.
The course is based on detailed explanations by the instructor and presentations by both the participants and the instructor. It also includes many case studies related to different industries and areas of the business.
By the end of the course, participants will be able to:
Managers, senior managers, directors, executives, financial controllers, senior accounting and finance personnel, and auditors.
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Gulf Training Institute
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Government and Public Sector Procurement and Supply Chain Management Health, Safety and Environment Operations Readiness and Assurance Data Management and Business Intelligence Short Masters Accounting and Finance IT Management and Cyber Security
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Gulf Training Institute
+971 52 169 4077 gulf-institute.com training@gulf-institute.com
Government and Public Sector Procurement and Supply Chain Management Health, Safety and Environment Operations Readiness and Assurance Data Management and Business Intelligence Short Masters Accounting and Finance IT Management and Cyber Security
Abu Dhabi Al Ain Al Khobar Amsterdam Athens Baku Bangkok Barcelona Cairo Casablanca
Face to Face Training Online Training In House Training Course Finder Contact Us Articles Site Map
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