Planning and Risk Assessment Training Course

This instructor-led, live training in Turkey (online or onsite) is designed for finance and asset management professionals at intermediate to advanced levels who aim to optimize asset tracking, control, and adherence to International Financial Reporting Standards (IFRS).

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

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

This instructor-led live training in Turkey (online or onsite) is designed for intermediate-level finance and accounting professionals aiming 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 lifecycle 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.

Course Objective:

Equip participants with a solid grasp of GRC processes and capabilities, enabling them to effectively integrate governance, performance management, risk management, internal control, and compliance functions.

Overview:

• Key terminology and definitions in GRC
• Core principles of GRC
• Essential components, practices, and activities
• Interconnections between GRC and related disciplines

Overview

Regulators worldwide are increasingly tying the level of risk a bank assumes to the capital it must hold, prompting financial institutions to adopt risk-based management practices. As banks, their products, regulatory frameworks, and the global market grow more complex, effective risk management faces escalating challenges. A crucial insight from the banking crisis of the past five years is that risks are highly interconnected; therefore, banks must comprehend these interactions to manage them efficiently.

Key features include:

• An explanation of current risk-based regulations
• A detailed review of the major risks banks face
• Industry best practices for adopting an enterprise-wide approach to integrating risk management
• Using governance techniques to foster a group-wide culture where everyone actively participates in managing risks aligned with the bank’s strategic objectives
• An exploration of potential challenges risk managers may encounter in the future.

Throughout the five-day course, extensive case studies will be employed to explore, examine, and reinforce the concepts and ideas covered. Historical events at banks will illustrate how failures in risk management occurred and highlight 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 of today’s international banking environment. Specifically, the course aims to provide senior-level 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 maximizing returns
• The interaction between different risk types and how banks utilize an integrated approach for management
• Corporate governance and best practice approaches to managing diverse stakeholder interests
• How to cultivate a culture of risk governance as a tool for minimizing unnecessary risk-taking

Who should attend this seminar

This course is designed 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 beneficial for:

• 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 Turkey (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.

This program aims to shift the audit process from a reactive approach focused on identifying issues to a proactive strategy centered on prevention. By mastering Root Cause Analysis, the Internal Audit team can specifically target and eliminate recurring findings. This ensures that when a weakness is identified, the resulting recommendations offer a permanent solution, thereby protecting the organization's operational efficiency and financial integrity.

Failing to implement structured RCA fosters a high-risk environment:

• Financial Erosion: Unaddressed root causes within financial processes result in cumulative losses that escalate over time.
• Resource Wastage: Auditors spend 40% more time re-auditing the same failed controls rather than focusing on emerging strategic risks.
• Diminished Authority: Consistently reporting the same issues undermines the Audit Division's credibility and influence with senior management and auditees.

This instructor-led, live training in Turkey (online or onsite) is designed for intermediate-level internal auditors seeking to enhance their audit effectiveness by applying structured RCA techniques.

Upon completion of this training, participants will be capable of:

• Grasping RCA methodologies and their significance within internal auditing.
• Identifying and analyzing the root causes behind audit findings.
• Applying RCA tools such as the 5 Whys, Fishbone Diagram, and Failure Mode and Effects Analysis (FMEA).
• Creating corrective and preventive action plans derived from RCA insights.
• Incorporating RCA into the internal audit workflow to enhance 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.

Course Objectives:

• This is a one-day workshop. Upon completion, participants will be able to:
  • Define risk, understand its origins, and recognize its business impact through heightened awareness of the subject.
  • Identify scenarios that help organizations reduce and, ideally, eliminate risks.
  • Proactively forecast potential risks and challenges.
  • Learn various techniques for identifying, mitigating, and limiting risks.
  • Work with internal teams to enhance the organization's overall risk management framework.