Legal Issues, Compliance, and Internal Auditing for Effective Risk Management

Details

This course provides a comprehensive understanding of the interconnected areas of legal issues, compliance, and internal auditing. Participants will explore strategies for managing legal risks, ensuring adherence to regulatory requirements, and implementing robust internal audit practices. The training emphasizes how these elements support organizational governance, enhance decision-making, and safeguard against operational vulnerabilities.

With a focus on practical applications, participants will engage in real-world scenarios, case studies, and group discussions to develop actionable strategies for managing legal, compliance, and auditing challenges across industries.

Target Group

Target Group:

• Internal auditors and compliance officers
• Legal advisors and corporate counsel
• Risk management professionals
• Business managers and operational leaders
• Team leaders and professionals responsible for governance and regulatory reporting

Goals

• Understand the role of legal issues, compliance, and internal auditing in organizational governance.
• Learn strategies to identify, assess, and mitigate legal and compliance risks.
• Develop skills to design and execute effective internal audits.
• Gain expertise in aligning policies and practices with regulatory requirements.
• Explore tools and techniques for ensuring transparency and accountability.
• Enhance the ability to report and address audit findings effectively.

Target Competencies

Targeted Competencies

• Proficiency in legal and compliance management frameworks
• Skills in conducting effective internal audits and risk assessments
• Expertise in identifying and mitigating organizational risks
• Knowledge of tools and strategies for aligning governance practices with regulatory requirements
• Ability to foster a culture of transparency, accountability, and ethical behavior

Outlines

Introduction to Legal Issues and Organizational Compliance

• Overview of legal principles affecting organizational operations
• Key areas of legal risk in contracts, intellectual property, and liabilities
• Compliance requirements across industries and regulatory frameworks
• Case studies on managing legal and compliance challenges

Foundations of Internal Auditing

• The purpose and scope of internal auditing in governance
• Techniques for planning, executing, and documenting audits
• Evaluating internal controls and identifying process gaps
• Practical exercises in internal audit methodologies