Date: 05 March 2027

Timing: 9am – 5pm

Language: English

CPE points: 7

Deadline to register: 2 March 2027

Trainer name: John Chessire

Overview

Many organisations have been undertaking formal risk management for years. Others are still relatively immature in their approach and practices.

Whatever their maturity and the perceived effectiveness of their risk management practices, organisations regularly fall foul of risk. Significant failures occur, reputation suffers, and the impact of poor risk management can have dramatic consequences.

This course will summarise key risk management concepts and look at what internal audit could and should consider in an assurance or advisory review of this vital subject in an interactive and participative style.

It will improve your ability to provide effective, professional insight and internal audit assurance over this most critical activity.

Who Should Attend?

This course is open to all. And it will be relevant and insightful for all – whether chief audit executive, risk management professional or new internal auditor.

It is of most relevance to those about to embark upon an internal audit of risk management or of the team that leads on this activity in your organisation.

It will also be valuable for those who manage audits in this area or for those wishing to stay up to date with topical developments in this field.

Course Description

This course will take you through the following learning steps:

• the purpose and objectives of risk management
• the benefits of effective risk management and common challenges
• the components and dimensions of good practice risk management
• identifying and assessing risk and appropriate mitigation associated with this subject – what can go wrong and why
• risk management trends and topical considerations
• how to deliver value adding internal audit assurance over risk management

The course includes facilitator input, short practical discussions and a number of task-based exercises to reinforce the methods you have learned and build upon existing knowledge.

Trainer Bio

John Chesshire, CFIIA, QIAL, CRMA, CIA, CISA, has over 27 years' experience working in the internal audit, risk management, business improvement and governance fields.

John is a Fellow of the Chartered Institute of Internal Auditors in the UK, has been an Independent Internal Audit Committee Chair, and is currently a member of two Audit Committees in the international charity and defence sectors.

He was Chief Assurance Officer for the States of Guernsey until the start of 2021.

John is also currently the part-time internal auditor for an international credit ratings agency and also undertakes external quality assessments of internal audit functions around the world.

He has delivered many well-received courses to IIA Luxembourg in the past, as well as to many other European Institutes of Internal Auditors.

His other recent clients include FTSE listed companies, multinationals, central and local government, law enforcement, charities, professional services companies, and international organisations such as NATO, the OECD, the ACCA, and UN Agencies.

He has been a principal examiner for the Institute of Risk Management and a visiting lecturer in the Governance and Assurance Hub at Birmingham City University.

John loves internal audit, is a great friend of IIA Luxembourg and particularly enjoys working in new and emerging areas of assurance interest.