Two-Days Virtual Masterclass on Risk Management & Internal Control

In the current fast-paced and highly interconnected business environment, managing risk is an ever-evolving challenge. Risks are constantly changing, requiring organizations to be continuously vigilant to ensure they remain secure while pursuing their goals. Traditional control environments, which tend to be rigid and reactive, are no longer sufficient to cope with this agile and unpredictable landscape. Instead, organizations need to adopt a proactive and flexible approach to risk management, recognizing that achieving absolute preparedness is unlikely but remaining inactive is not an option.

Organizations are now navigating a world filled with uncertainties. By understanding the evolving risk landscape and identifying key trends, businesses can transform potential threats into opportunities for growth and success. A comprehensive examination of these trends reveals the necessity for an updated approach to internal controls. This means moving away from siloed, manual control methods, which often prove ineffective despite significant investment. Instead, a collaborative, integrated strategy that acknowledges the interconnected nature of risks is essential for effective risk mitigation.   

The increasing complexity of business operations and regulatory requirements demands a more adaptive internal controls framework. This involves not only standardizing and rationalizing existing controls but also building a data-driven, agile framework that can address known risks and anticipate emerging ones. Such a framework should focus on delivering value and driving strategic focus within the organization. Embracing new technologies and methodologies, businesses can enhance their risk management practices, ensuring they are well-equipped to handle the challenges of the future and turn them into competitive advantages.

With this background, ASSOCHAM National Council for Internal Audit and Risk Management is organizing Two-Days Masterclass on \"Risk Management and Internal Control- · Agility · Resilience · Innovation\" on 26th & 27th June 2024 from 3pm onwards. The subject experts and practitioners will share their insights on changes, challenges and ways to resolution. The programme is curated for professionals working in risk management, internal audit, compliance, finance, and related fields. Participants include Risk Managers and Risk Officers, Internal Auditors, Compliance Managers, Finance Managers, Board Members and Executives, CAs, CMAs, CPAs, Certified Fraud Examiners, forensic accountants, CIOs, CISOs, and lawyers.