Understanding Enterprise Risk Governance, Assurance and Control Frameworks

The programme

Programme overview

This Understanding Enterprise Risk Governance, Assurance and Control Frameworks course provides you with a general overview of all main aspects of risk management, starting from the definition of the term and going through the building blocks of the total integrated Enterprise Risk Management (ERM) model, together with its related risk governance arrangements. It will enable participants to appreciate the need and urgency to revisit their existing risk management framework, with an aim to improve and align it with the overall organisational strategic plan.

It will also allow a better understanding and clarity on the functional structures, roles, and responsibilities required to be put in place to ensure effective risk management implementation enterprise-wide.

Who should attend

Who is this programme for?

• Risk / Compliance Management Function
• Executive Management and Directors
• Governing Body & CEO Level
• Senior Management and Middle Management
• Senior Risk Officers
• Internal Audit Function
• Internal Control Function

Learning outcomes

What you will learn

• Understand the definitions of key terms of risk and risk management
• Explore the different stages of the risk management process
• Learn the tools and techniques used for risk assessment
• Study risk formulation, risk ranking, and risk treatment
• Learn about risk appetite, risk tolerance, and risk escalation
• Understand the Enterprise Risk Management model, including current AI governance considerations within COSO ERM and ISO 31000
• Study the risk governance framework

Explore the programme

Detailed programme outline

• Both frameworks remain the dominant global standards in 2026, and both now address AI governance through complementary guidance — including the NIST AI Risk Management Framework, which extends similar risk-management thinking specifically to artificial intelligence
• AI governance as an emerging risk category in its own right, alongside climate-related financial disclosure and geopolitical supply chain risk
• How COSO ERM and ISO 31000 are being extended to address AI risk specifically

Learning approach

How you will learn

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.– Course Material: Access well-crafted supporting resources.– Group Work: Collaborate on discussions and case studies for practical insights.– Workshops & Role-Play: Participate in immersive, scenario-based activities.– Practical Application: Focus on applying theoretical knowledge in real situations.– Post-Training Support: Receive extensive support after training for skill implementation.

Discuss your requirements

Dates, duration & arrangements

Contact Ratomac to confirm dates, duration, delivery format, entry requirements and any applicable assessment or certification before booking.