FoRM 8: Risk Reporting Course

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.

About this Course

Available as part of our 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

Course Contents

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

Course Specifications

Structure

Approximately 40-minute long e-learning course followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.