Assurance mapping for directors

A one-day workshop

Do you (and your fellow directors and senior managers) know as much as you should about…

  • … assurance and the difference between a risk register and an assurance map?
  • … the role of management and the board in this area?
  • … the different models and formats in use?

Given that risk management is such a core responsibility for any director, if you can’t say ‘yes’ to all these questions, you need to do something about it. This programme will help you fill in the gaps and point you in the right direction.

Learning objectives

You will take away ideas to use in your business to drive forward effective assurance mapping which makes a real difference to your risk management framework.

You will have the confidence that you and your fellow directors are properly fulfilling your legal and commercial obligations in managing risk.

Who should attend?

This workshop has been designed primarily for board and audit committee members. For maximum added value, you could also include any managers responsible for oversight of risk management.

Format

  • Usually delivered as a one-day session
  • Highly interactive, with plenty of discussion around different scenarios and issues of specific concern to you and your organisation
  • Can be run as a series of half-day modules if preferred
  • For individual committee members, can be run on a one-to-one basis if required (this works best as a series of bite-sized sessions, the first face-to-face and the others virtual)

Special features

This workshop can be tailored to meet your specific requirements. You can choose to follow the agenda set out below or you can talk it through with the trainer and set a new one. The choice is yours.

Meet the trainer

Rachel is a highly experienced governance, risk and assurance specialist. She works with boards and senior teams to improve governance and risk management, recognising their core role in delivering value to organisations and stakeholders.

Agenda

This is an indicative agenda – a starting point for a conversation with you. Rachel would be happy to tailor it to your precise requirements.

1 Risk refresh

  • Risk management foundations
  • Roles and responsibilities for risk and assurance

2 What is assurance?

  • Three lines of defence
  • Assurance providers
  • Closing the loop in the risk management cycle

3 How much assurance is enough?

  • Assurance activities and sources
  • Identifying assurance needs
  • Risk appetite

4 Where to start?

  • The risk register
  • Board v operational view
  • Existing assurance
  • Purpose and objectives

5 Models and frameworks

  • Real examples
  • Outcomes
  • Tools

6 Putting it together

  • Traits of effective committee members
  • Committee evaluation
  • Self-assessment

7 Assurance mapping in action

  • Making risk-informed decisions
  • Keeping the assurance map alive
  • Reporting and monitoring

For a no-obligation discussion about running this programme for your organisation on an in-house basis, just give us a call on 01582 714285.