Page 43 - Verracy's 2019 Course Catalogue

Compliance & Ethics
Compliance & Ethics

Fighting Corruption in a Global Marketplace Successfully Implementing & Managing
Enterprise Risk Management Programs

CE-107 16 CE-108 16

CPEs CPEs

Bribery and corruption risks for organizations continue to rise COSO defines Enterprise Risk Management (ERM) as “a
as today’s marketplace becomes more global. Companies must process, effected by an entity’s board of directors, manage-
be aware, and prepared, for the risks that operating in countries, ment, and other personnel, applied in strategy setting and
cultures, or areas far from their home market will present. across the enterprise, designed to identify potential events
Bribery and corruption are standard practice in some regions that may affect the entity, and manage risk to be within the
and learning to anticipate and identify the red flags for corrup- risk appetite, to provide reasonable assurance regarding the
tion is critical to an organization’s success. Organizations can achievement of entity objectives.” That sounds rather vague.
defend against corruption by understanding and identifying What does it mean to your organization, and how do you
potential threats and having effective action plans to deal with make it happen?
those threats. Continuous evaluation and monitoring of an
organization’s anti-corruption and bribery compliance program During this course participants will examine risk types, meth-
is necessary to ensure effectiveness against an ever-changing ods for identification of risk, evaluation of risks, mitigating
landscape of threats. options, and on-going monitoring. This course will help
individuals learn and develop the skills necessary to help drive,
This course will examine the current global corruption environ- implement, and execute an effective Enterprise Risk Assess-
ment and today’s best practices in anti-bribery and corruption ment through the use of lecture, interactive discussion, case
programs and deliver useable methodologies for identifying studies, best prac-
and detecting corruption risks and occurrences. Real-life case tices, and group exercises.
studies, examples and participant exercises will be used.

What You Will Learn: What You Will Learn:
• Understanding corruption • Learning what ERM is and why it is important and
• Assessing corruption risk in your organization valuable to organizations
• Common corruption schemes, scenarios, and red flags • Understanding risk issues faced by organizations
• Global anti-corruption legislation and organizations • Understanding risk management frameworks used in
• Elements of an effective anti-corruption program managing risks
• Audit practices and methodologies • Learning how to assess risks and risk drivers for a
corporation
• Learning why risk quantification is important and basic
quantification approaches
• Understanding how risk management is a powerful tool
for both strategic and tactical decisions

Group Live | 2 Days | Intermediate | Auditing Group Live | 2 Days | Intermediate | Auditing
Who Should Attend: Risk, Audit & Compliance Professionals Who Should Attend: Internal Audit, Accounting & Operations
Prerequisites: Professionals with at least 2 years of experience Staff & Management
PPrerequisites: Professionals with at least 2 years of experience

+1 (877) 332-8708 | verracy.com/training