LED6 - Board Risk Committee Essentials

 

Level

Essentials.

Course description

The Board Risk Committee (BRC) supports the board in ensuring the adequacy and effectiveness of risk management and internal control systems. This module examines the regulatory environment and various governance structures through which boards can have oversight, as well as how the BRC can obtain assurance for its disclosure. Key concepts of risk and risk management are explained, including the risk universe, enterprise risk management frameworks, and governance, risk and compliance frameworks.

Course objectives

  1. Understand the key requirements for adequate and effective risk management and internal control systems.
  2. Highlight the key disclosure requirements related to risk management and sustainability reporting.
  3. Recognise the roles and functions of the board, board committees, management and assurance providers in relation to risk management and sustainability reporting.

Course outline

  1. Board structures for risk governance.
  2. BRC composition and agenda.
  3. Risk universe.
  4. Risk management and internal control systems.
  5. Cyber security overview.
  6. Critical information infrastructure, operational technology and the internet of things.
  7. Cyber risk and cloud technology.

 

Target audience

Aspiring, new and current directors, and senior management of listed companies.

Course duration

Half day.

Format

Presentation with case studies, followed by panel discussion and Q&A.

Course Fee

In-person
SID members: $490.50 (incl. 9% GST)
Non-members: $697.60 (incl. 9% GST)

Online
SID members: $403.30 (incl. 9% GST)
Non-members: $610.40 (incl. 9% GST)

CPD hours

4 hours.