Risk Management in the Public Sector
THERE IS NO SUCH THING AS A RISK-FREE AREA OF ACTIVITY
Whether internal or external, strategic, financial, operational or reputational – risks can significantly hinder the work of your authority. In the current economic and financial context the lack of an adequate approach to risk management is an enormous and real threat to the work of any public administration, since nowadays work efficiency and effectiveness in the public sector are more important than ever before. For that reason, it is of extreme importance that public authorities do not rely solely on their intuition in dealing with risks, but initiate professional formalised risk management as an integral and ongoing part of their general management process.
RISK MANAGEMENT IS NOT A CHOICE
Professionalised risk management forces organisations to deal with risks in the open and enhances communication with all involved stakeholders. The use of risk management tools and correctly balancing risk and control enables public authorities to make better decisions based on calculated risks and increases the focus on accountability. It supports the execution of the institution’s responsibilities and the achievement of its strategic objectives and thus leads to a more effective and efficient control and audit function without an unnecessary and disproportional increase of bureaucracy. It creates a real added value for the quality, efficiency and effectiveness of the work of public institutions.
WHO IS THIS SEMINAR FOR?
- Risk managers, project managers, members of audit committees or
other risk practitioners dealing with risk management, supervisory, control and audit in public administration at all levels: national, regional and local
- National and regional audit authorities
- Internal auditors working in public administration
- External auditors working for the public administration
Consultants and accountants for the public sector
WHAT WILL YOU LEARN AT THIS SEMINAR?
- What is risk and what kind of risks have to be taken into account by
- Why is risk management a key factor for the management process in
your organisation and what benefits will it give to you?
- How does risk management relate to or is useful for internal control
and internal audit?
- How can you set up successful risk management policies, strategies
and processes that meet the needs of your institution?
• What kind of problems or pitfalls can you encounter?
• What are the risk identification techniques and how to use them in
• Can risk management contribute to dealing with risks arising from IT-
developments such as social media and cloud computing?
• How can you assess risks according to risk criteria?
• How should you respond to risks effectively?
• How can you monitor and report risks and how can you set up an
efficient communication procedure?
• How can you manage risks in public procurements?
- Save money by learning how to modernise your management strategy by initiating or upgrading a successful risk management policy and strategy
- Become more efficient and effective in your audit work by successfully
balancing risk and control
- Learn how to enhance the added value of your service delivery by
implementing a simple but effective risk management
- Benefit from practical experiences of experts from other regions
and countries who are already successfully using risk management
in their public authorities
- Practice identifying, assessing, treating, monitoring and reporting
- Consult your individual questions and problems with our experts from
both, the auditor and the auditee side
- Network and exchange experience with European colleagues dealing
with risk management, supervision, control and audit in public
administration in other regions and EU Member States
for Public Administration
|1289,- Euro, excl. German VAT (19%)|
|1589,- Euro, excl. German VAT (19%)|