10 Topics
5 Days
40 Sessions
Programme Overview
Training Description
1) Public sector auditors
2) Banking and financial services professionals
3) Regulators and inspectors
4) Internal auditors
5) Risk managers
6) Compliance officers
7) Governance and assurance professionals
8) Audit managers and directors
9) Finance and accounting professionals
Session Objectives
- Seamlessly integrate the 5 core components, 17 internal control principles and points of focus into organizational governance structures.
- Formulate Risk Appetite Statements to evaluate how strategic choices impact corporate risk exposure and performance.
- Deploy structured tools to identify and evaluate operational, financial, cybersecurity, and change management risks while designing robust anti-fraud mechanisms.
- Implement preventive, detective, manual, and automated technology controls—enforcing segregation of duties, approvals, and reconciliations.
- Enforce General IT controls, application security, internal controls over financial reporting (ICFR), and regulatory compliance systems.
About the Course
The Enterprise Risk Management & Internal Control masterclass provides
executive leaders, risk practitioners, and governance teams with an authoritative
framework for embedding risk intelligence directly into corporate strategy,
financial control, and operational decision-making. Grounded in both the COSO
ERM Framework (Integrating with Strategy and Performance) and the
COSO Internal Control – Integrated Framework, this program bridges the gap
between high-level board oversight and day-to-day operational execution.
Rather than treating risk as a siloed compliance exercise, this executive
masterclass focuses on value creation, value preservation, and fraud
deterrence. Over 10 intensive modules, participants will master COSO’s 5 core
ERM components, 17 internal control principles, IT general controls, and control
testing methodologies—learning how to establish an ethical corporate culture,
calibrate enterprise risk appetite, design automated internal controls, and
leverage predictive risk analytics. The course equips institutions to protect
assets, ensure regulatory compliance, and build audit-ready operational
resilience across public and corporate sectors.
Curriculum & Topics
10 Topics | 40 Sessions
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Workshop 1.1:
Overview of COSO Evolution, Purpose, and Scope of Internal Control
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Workshop 1.2:
Interrelationship Between Governance, Risk, Internal Controls, and Ethics
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Workshop 1.3:
Enforcing Integrity, Core Ethical Values, and Tone at the Top
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Workshop 1.4:
Board Oversight, Organizational Structures, Authority, and Talent Competence
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Workshop 2.1:
Deploying Structured Risk Identification, Analysis, and Evaluation Methodologies
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Workshop 2.2:
Assessing Fraud Risk Exposures, Anti-Fraud Controls, and Whistleblowing Mechanisms
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Workshop 2.3:
Navigating Change Management Risks, Emerging Threats, and Vulnerabilities
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Workshop 2.4:
Formulating Actionable Risk Response Strategies and Mitigation Plans
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Workshop 3.1:
Designing Preventive, Detective, Manual, and Automated Control Mechanisms
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Workshop 3.2:
Establishing Authorizations, Approvals, Reconciliations, and Verifications
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Workshop 3.3:
Enforcing Strict Segregation of Duties and Access Authorization Workflows
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Workshop 3.4:
Formulating Standard Operating Policies, Procedures, and Execution Protocols
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Workshop 4.1:
Ensuring Quality, Reliability, and Integrity of Enterprise Information
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Workshop 4.2:
Establishing Effective Internal Communication Channels and Reporting Lines
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Workshop 4.3:
Structuring External Communication Protocols and Stakeholder Feedback Mechanisms
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Workshop 4.4:
Designing Executive and Board Audit Committee Dashboard Architectures
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Workshop 5.1:
Deploying Ongoing Monitoring Techniques and Control Self-Assessments (CSA)
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Workshop 5.2:
Conducting Periodic Independent Evaluations and Internal Control Audits
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Workshop 5.3:
Systematic Tracking, Escalation, and Remediation of Control Deficiencies
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Workshop 5.4:
Embedding Continuous Improvement Strategies into Operational Workflows
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Workshop 6.1:
Practical Application of the Seventeen COSO Internal Control Principles
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Workshop 6.2:
Aligning Design Considerations with Specific Points of Focus
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Workshop 6.3:
Establishing Evidence Standards for Internal Control Effectiveness
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Workshop 6.4:
Structuring Assurance Maps, Process Mapping, and Control Documentation
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Workshop 7.1:
Harmonizing Internal Controls with the COSO ERM Framework Architecture
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Workshop 7.2:
Defining and Calibrating Enterprise Risk Appetite and Operating Tolerances
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Workshop 7.3:
Aligning Strategic Planning, Business Performance, and Risk Governance
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Workshop 7.4:
Integrating Risk Governance Across Multi-Layered Institutional Structures
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Workshop 8.1:
Implementing General IT Controls (GITCs) and Infrastructure Governance
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Workshop 8.2:
Enforcing Automated Application Controls and Data Integrity Checks
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Workshop 8.3:
Cybersecurity Architecture, Identity Access Management, and Privilege Controls
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Workshop 8.4:
Aligning Technology Governance with Statutory Data Integrity Mandates
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Workshop 9.1:
Executing Internal Controls Over Financial Reporting (ICFR) and Financial Close Protocols
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Workshop 9.2:
Optimizing Operational Efficiency, Quality Management, and Performance Controls
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Workshop 9.3:
Establishing Regulatory Compliance Systems and Statutory Assurance Mechanisms
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Workshop 9.4:
Ensuring Disclosure Integrity, Accuracy, and Compliance Oversight
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Workshop 10.1:
Conducting Design and Operating Effectiveness Testing, Sampling, and Evaluation
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Workshop 10.2:
Constructing Process Maps and Comprehensive Risk and Control Matrices (RCMs)
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Workshop 10.3:
Utilizing Maturity Assessment Models to Drive Continuous Improvement Roadmaps
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Workshop 10.4:
Establishing Control Ownership, Accountability Frameworks, and Sustainable Culture
General Notes
This course will be delivered by our experts and professionals in data
analysis with vast experience. The workshop will be highly interactive
Training manuals and additional reference materials are provided to the
participants.
Upon successful completion of this course, participants will be issued
with a certificate.
The training will be conducted by PB Institute of Research and
Technology
The training fee covers tuition fees, training materials, lunch and
training venue. Accommodation and airport transfer are arranged for our
participants upon request.
Payment should be sent to our bank account before the start of training
and proof of payment sent to: info@pebblesinstitute.org
