Date : 26 September 2025
Timing : 9:00 - 16:00 (30 min lunch break)
Language : English
CPE Points : 7
Deadline to register : 12 September 2025
Instructor : John Chesshire
Online Training
 
Auditing Risk Management: Delivering Insight and Adding Value
Course Description
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 a review of this 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 Programme
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.
 
CPE competency areas covered 
 
Performance (Organizational governance)
Performance (Risk Management)
Performance (Engagement planning)
 
 
 
Trainer
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.