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DTSTART:20250101T000000
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DTSTART;TZID=Europe/Moscow:20251105T090000
DTEND;TZID=Europe/Moscow:20251106T153000
DTSTAMP:20260425T145817
CREATED:20250610T083848Z
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UID:10003157-1762333200-1762443000@www.icpak.com
SUMMARY:Risk registers development course (Physical option)
DESCRIPTION:THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA\n(Established under the Accountants Act\, Laws of Kenya) \nRisk Register Development Course (Physical Option)\nHybrid Event – CPA Centre and Virtual\n5th – 6th November 2025\nTheme- Strengthening Governance Through Effective Risk Register Development\nTime: 09.00am-03.30pm \nOverview \nRisk register development is a vital element of robust risk management and a cornerstone of organizational resilience. It offers a systematic and proactive method for identifying\, analyzing\, prioritizing\, and responding to risks that could impede the achievement of both strategic and operational goals. A well-designed risk register gives organizations clear visibility into potential threats\, facilitates accountability by assigning risk ownership\, and supports the tracking of mitigation actions. This process not only enhances the quality of decision-making but also encourages strong governance practices and cultivates a culture rooted in transparency and preparedness. \nAn effective risk register goes beyond simply recording risks. It should be built on a solid framework that classifies risks into categories\, applies clear assessment criteria such as likelihood and impact\, and links each identified risk to mitigation strategies and internal controls. To ensure its continued relevance\, the risk register must be dynamic\, evolving with changes in internal processes and the external environment. Integrating the risk register within a broader Enterprise Risk Management (ERM) framework ensures alignment with strategic objectives\, regulatory compliance\, and improved institutional accountability. \nCreating and maintaining a risk register is central to proactive risk management. It serves as a practical tool for identifying and monitoring risks throughout a project or across an organization. By documenting risks systematically and aligning them with mitigation strategies\, teams are better prepared to anticipate disruptions and allocate resources strategically. This contributes to more informed decision-making and reduces uncertainty by offering a clear\, up-to-date picture of potential threats and responses. Ultimately\, the risk register helps strengthen resilience and improve the chances of achieving long-term objectives. \nIn today’s complex and fast-changing business environment\, risk is no longer confined to isolated areas. Emerging challenges like cybersecurity threats\, geopolitical unrest\, regulatory shifts\, and climate-related disruptions are deeply interconnected. Treating risks as standalone issues\, especially through outdated spreadsheet-based registers\, can leave organizations vulnerable to cascading impacts. To adapt\, organizations must adopt modern risk management technologies\, such as integrated Governance\, Risk\, and Compliance (GRC) platforms. These systems offer real-time tracking\, risk interconnection mapping\, and enhanced scenario analysis\, transforming traditional registers into strategic decision-making tools. It is in response to this evolving landscape that the Institute of Certified Public Accountants of Kenya (ICPAK) has organized this training to equip delegates with practical skills for developing modern\, globally aligned risk registers that meet today’s organizational demands. \nThe course is designed to cover the following topics: \n\n Foundations of Risk Management for Accountants\n Structure and Components of an Effective Risk Register\n\n\nKey elements of a comprehensive risk register\, including risk description\, categories\, controls\, and mitigation strategies.\n\n\n Risk Identification Techniques and Stakeholder Engagement\n Risk Classification and Significance\n\n\nTypes of risks: strategic\, operational\, financial\, and compliance.\nRisk reputation and their impact on organizational performance.\n\n\n Effective Risk Assessment and Prioritization Techniques\n Strategic Risk Response and Mitigation Planning\n From Static to Strategic: Evolving the Risk Register – transforming traditional risk registers into dynamic tools that support integrated decision-making and real-time responsiveness.\n\n8.Leveraging Technology: GRC and Cloud-Based Risk Management – Utilizing Governance\, Risk\, and Compliance platforms and cloud-based solutions to improve risk tracking\, visualization\, and reporting. \n\n Professional Ethics and the Accountant’s Role in Risk Governance \n Developing and Reviewing Risk Registers Through Case Studies\n Conducting Scenario Analysis for Interrelated Risks\n\nTarget Audience: \nRisk Managers and Compliance Officers\, Risk Champions\, CFOs\, Accountants and other interested professionals \nContinuous Professional Development Units (CPD Units): \nMembers of ICPAK and reciprocating professional bodies will be awarded 10 CPD Units upon successfully attending each of the sessions. \nCost:\nCharges for the training will be Kes 18\,500/= which will cover course fees\, materials\, and e-certificates of attendance. \nOnline Booking:\nWe call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store. \nNational Industrial Training Authority (NITA) Reimbursement:\nThe Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke) \nFurther requests can be channeled to us via telephone calls on +254 719 074 100\, or via email at marketing@icpak.com. \nWe encourage members to regularly visit www.icpak.com  for updates.
URL:https://www.icpak.com/event/risk-registers-development-course/
LOCATION:ICPAK Auditorium\,CPA Center\, Nairobi\, Ruaraka\, Thika Road\, Nairobi\, Nairobi\, Kenya
CATEGORIES:Local Seminars
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