2025: Integrated reporting on risk management

R2800,00

Course Objectives: To understand the principles and significance of integrated reporting in risk management, to explore the King IV framework and its application to integrated reporting, to utilize external audit firm risk radars for identifying and reporting emerging risks, to develop skills in creating risk reports that align with stakeholder expectations and regulatory requirements, to equip participants with tools to link risk reporting to strategy and value creation.

Key benefits/ Outcomes: Comprehensive understanding of integrated reporting frameworks and their application to risk management, Insights into the latest global and industry-specific risk trends, Practical skills for aligning risk reporting with King IV principles and other global standards, Enhanced ability to communicate risk insights to stakeholders, Tools and techniques for creating strategic and value-driven risk reports.

Category:

Day 1: Foundations of Integrated Reporting on Risk Management

Session 1: Introduction to Integrated Reporting

  • Definition and purpose of integrated reporting in risk management.
  • Overview of key frameworks: King IV, IIRC Framework, and GRI Standards.
  • The value of integrated reporting for stakeholders.

Session 2: King IV and Risk Management Reporting

  • Core principles of King IV relating to governance and risk management.
  • Application of the King IV outcomes to integrated reporting.
  • Case examples of organizations successfully applying King IV.

Session 3: External Risk Radars and Emerging Risks

  • Review of the latest risk radars from leading audit firms (e.g., Deloitte, PwC, KPMG).
  • Analysis of emerging risks: cyber threats, ESG risks, and geopolitical tensions.
  • Group exercise: Identifying priority risks for reporting.

Session 4: Stakeholder Expectations in Risk Reporting

  • Identifying key stakeholders and their information needs.
  • Techniques for effective risk communication.
  • Aligning reporting with investor and regulatory expectations.

 Session 5: Interactive Workshop

  • Drafting a sample integrated risk report using a case study.
  • Peer reviews and feedback from facilitators.

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Day 2: Advanced Applications and Practical Implementation

Session 1: Linking Risk Reporting to Strategy and Value Creation

  • Connecting risk insights to organizational goals and strategic objectives.
  • Examples of integrated reporting driving value creation.
  • Practical exercise: Mapping risks to strategic outcomes.

Session 2: Tools and Technologies for Integrated Reporting

  • Software solutions and platforms for risk reporting.
  • Role of data analytics in enhancing integrated reporting.
  • Demonstration of reporting tools.

Session 3: Challenges and Solutions in Risk Reporting

  • Common pitfalls in integrated reporting on risk management.
  • Overcoming challenges such as data silos and stakeholder alignment.
  • Real-world examples of reporting failures and lessons learned.

Session 4: Case Studies on Integrated Reporting

  • Case Study 1: Implementation of King IV principles in a financial institution.
  • Case Study 2: Addressing ESG risks in integrated reporting.
  • Group discussion on key insights and takeaways.

Session 5: Final Workshop and Certification Ceremony

  • Group activity: Creating a comprehensive integrated risk report for a hypothetical organization.