Fundamentals of Risk Management 8: Risk Reporting

Risk reporting is the final step in the Management of Risk framework. Many regulators around the world require firms to report on their risk management activities.

Apart from meeting compliance demands, the risk and control data that is used in risk reporting can inform decision-making for firms.

Our Risk Reporting course will cover the purpose of risk reporting, risk reporting best practices, the different types of risk reporting and help you understand the key data that should be included in these reports.

Start your trial Course details

40 Minutes
All staff
Based on best-practice risk management frameworks and suitable for global audiences.
Global Risk Management Library

Learning objectives

Identify the purpose and various types of risk reporting
Understand your role and responsibilities in relation to risk reporting
Recognise the key features of good risk reporting
Appreciate the relationship between risk reporting and data governance

Welcome

Learning objective
How to complete this course

What is risk reporting?

What is the purpose of risk reporting?

The different types of risk reporting

The Three Lines of Defence (3LoD) Model

Which stakeholders receive risk reporting?
You decide: Which stakeholders receive risk reporting?

What kinds of data & information are used in a risk report?

Who specifies what goes into a risk report?

The benefits of regular risk reporting

Features of good risk reporting

Risk visualisation
You decide: Good risk reporting

What are some examples of different risk report types?

Principle risk reports
Deep dive reports
Risk radar report
Risk moderation report
Scenario 1: The cyber risk report
Scenario 2: Reporting emerging risks

The relationship between risk reporting & data governance

What are best practices for risk reporting?

You decide: Best practice for risk reporting

Summary

Affirmation

Assessment

Your questions, answered

Common FAQs

Are Skillcast courses SCORM-compliant?

Yes. This means they can be delivered via the Skillcast Portal or any other SCORM-compliant Learning Management System.

What other tools are needed beyond training?

A comprehensive compliance solution often needs more than just training. Alongside e-learning, tools like declarations, surveys, and registers that track compliance tasks are usually essential. Skillcast provides full support to help you set up these additional tools.

Is our training content still compliant with the latest legislation?

You can check the latest course content updates in our library updates page: https://www.skillcast.com/compliance-course-library-updates
For major legislative changes, we:
- Will send you email alerts to ensure you are notified
- Offer you a free trial of newly created or updated content
- Host webinars with compliance experts to explain the changes and how our training supports your ongoing compliance

Can you translate our content into other languages?

Yes, we offer translations in a wide range of languages. Let us know your needs, and we’ll confirm availability or work with you to plan translations for your selected modules.

How can I give employees a secure way to record suspicious activity so we can act quickly?

Our Suspicious Activity Register allows staff to log concerns or irregularities they observe, helping you detect potential issues early. The secure register can be reviewed by compliance teams, enabling prompt investigation and action.

What file types are supported by the Skillcast system?

Features	Supported file types and details
File Exchange	File types: PDF, Excel spreadsheets, Word documents, SCORM and xAPI files, and compressed zip files. Max file size: Default is 1GB, can be increased to a max of 2GB
SCORM files	Versions: SCORM 1.2, SCORM 1.2 for Moodle, SCORM 2004 2nd, 3rd and 4th Edition. Max file size: 1024MB
xAPI file	Max file size: 2GB
Videos	File types: MP4 or MOV. Videos must be optimised, with a max file size of 100MB. If the file is bigger, our Design Team can help
Images	File types: jpg, png and gif. The file size should ideally be 100KB, but it can be up to 250KB
CPD evidence	File types: Word, PDF, Excel and CSV. File size: the limit should be whatever the portal config option is set to. Servers are set to max 2GB
Policy documents	PDF or Word File size: the limit should be whatever the portal config option is set to. Servers are set to max 2GB
Offline activities evidence	File types: PDF, DOC, DOCX, XLS, XLSX, CSV, PNG, GIF, JPEG, JPG, PPTX and MSG. File size: the limit should be whatever the portal config option is set to. Servers are set to max 2GB
Client logo files	File types provided by client: EPS, PDF, AI and SVG
Registers	PDF, DOC, DOCX, XLS, XLSX, CSV, PPT, PPTX, POT, PPA, PPS, JPG, JPEG, PJEPG, PNG, BMP, GIF, MP4, MOV, WMV, CPTX, CP, TXT, ZIP and MSG files
Declarations	JPG, JPEG, PNG, GIF, XLS and XLSX files