Event Details
Under the Global Internal Audit Standards, internal auditors must possess or obtain the competencies to perform their responsibilities successfully. Internal auditors should develop competencies related to risk management, as well as the risks and potential impacts of various economic, environmental, legal, political and social conditions.
The reshaping of a new global order puts into the spotlight political risks. Government interference in commercial transactions cannot be avoided. Government policies, country alliances and international relations create risks. Companies today operate in the most complicated international political environment in modern history.
The COVID-19 pandemic has shown the world the need to integrate political risk analysis into the formal risk management process. Government's policies on lockdowns have tremendously affected how commercial organizations operate. Similarly, the country's policy on managing disaster risk and climate change must be taken into account.
What You Will Learn
This covers discussion on the types of political risks and the effective strategies in managing political risks. This likewise includes discussion of disaster risk and climate change risk.
Who Should Attend
This seminar is ideal for Internal auditors looking to enhance their understanding of political risks and for those who want to deepen their expertise and stay informed about the latest trends and challenges in political risk management.
Number of CPE Units : 7
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