Date : 8 April 2024
Timing : 9:00 - 16:00 (30 min lunch break)
Language : English
CPE Points : 7
Deadline to register : 29 March 2024
Instructor : John Chesshire
Auditing Human Resources and People Risk
People are regularly described as an organisation's greatest asset. They can also be the source of significant risk. Human capital, diversity and talent management ranked 2nd in the ECIIA’s Risk in Focus 2023’s risk ranking, up from fourth place in 2022. With 50% of CAEs citing it as a top five
risk this year, compared to 40% last year.
We are seeing the great resignation and skills gaps and shortages in key professions and sectors. Employee engagement, talent management and upskilling are vital to the current and future success of all our organisations. But how well are these done?
Energy and resources are invested in developing HRM strategies, processes, and services yet employee survey results may not be improving, turnover increases and retention is challenging. This course will help you provide effective, professional insight and internal audit assurance over a range of key people risks, employee engagement and HRM.
Who should attend?
This course has been designed to be relevant to internal auditors, audit managers and chief audit executives, as well as risk managers and other second line colleagues, with varying levels of practical experience. It is of most relevance to those who are about to audit people risk, HRM activity or the HR function, , for those who manage audits - or other activity - in this area, or for those wishing to stay up to date with topical developments, and emerging areas of risk and internal audit interest.
This course covers the following areas:
- People risk and its importance
- A background to Human Resources (HR) and Human Resources Management (HRM)
- The importance of effective HRM to all organisations, irrespective of sector
- HRM purpose and objectives
- Modern and emerging HRM service and delivery
- Alternate HR strategies available to organisations
- Key HRM functional and service delivery risks and options for risk mitigation
- Topical HR issues and People risks facing organisations
- Common challenges and issues faced when auditing HR and HRM and how to overcome these.
The course includes facilitator input, topical examples, short practical discussions and exercises to reinforce the learning and build upon your existing knowledge.
CPE competency areas covered
- Performance (Engagement planning)
- Performance (Engagement outcomes)
- Environment (Common business processes)
John Chesshire, CFIIA, QIAL, CRMA, CIA, CISA, has over 24 years' experience working in the internal audit, risk management, business improvement and governance fields. John is a Fellow of the Chartered Institute in the UK, an Independent Internal Audit Committee Chair, and was Chief Assurance Officer for the States of Guernsey until the start of 2021. 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, and UN Agencies. He is a principal examiner for the Institute of Risk Management and has been a visiting lecturer in the Governance and Assurance Hub at Birmingham City University.
He loves internal audit, is a great friend of IIA Luxembourg and particularly enjoys working in new and emerging areas of assurance interest.