Certified Enterprise Risk Specialist

Finance & Accounting · 5 Days · Public · Al-Khobraa certified · From USD 3,900

Overview

This course will give you a comprehensive understanding of Enterprise Risk Management (ERM) and how to embed an appropriate risk management process in your organization. You will examine the different kinds of risk, including people and process risks and reputation risk, and you will learn how to report on risk and establish an appropriate risk awareness training program.

Learning Objectives

• Learn the concepts and practical application of risk management with different techniques for identifying risks and implementing effective risk mitigation strategies
• Understand how you can embed an ERM approach, the benefits of an enterprise-wide approach to risk and how to link risk management with your business planning process
• Evaluate techniques for the assessment of people, process, and reputation risk as well as how to record the risk process effectively

Who Should Attend

This course is designed for professionals working in finance and accounting, as well as those whose responsibilities require a stronger practical grasp of the subject and its application within their organisation.

• Professionals in Audit & Governance
• Finance, accounting and audit professionals
• Analysts and controllers

Course Outline

Day 1 — Explanation of ERM and why it is not fully understood

• The current economic crisis and how ERM can provide a lifeline
• The role and responsibilities of directors and senior management with respect to ERM
• ERM roles
• ERM tips

Day 2 — Why financial risks are only the tip of the iceberg

• The widening of the risk portfolio Risk cultures
• IRM paper on risk culture assessment
• The challenges
• New and emerging risks – reputation, social, environmental

Day 3 — Linking operational risks into service planning

• Risk owners – how to determine such personnel and enforce ownership
• Annual statements by risk owners
• Developing risk tracking
• Using the risk register as a decision skeleton

Day 4 — The increasing importance of a positive image – the…

• Reputation – the value measure of the 21st century
• Creating value from intangible assets
• Where does reputation come from?
• How do you measure it?

Day 5 — The need to coordinate and link the output

• Flagging interdependencies – if one risk treatment is changed the other party or parties impacted need to be notified
• Risk treatment analysis – how to determine the cost/benefits of dealing with exposures/exploiting opportunities
• Risk management as a route to reducing bureaucracy
• How to use the risk process to break down the barriers

Accreditation

Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.

Dates & Venues

Dates	Venue	Delivery	Duration	Fee (USD)
27 September – 1 October 2026	Dubai, UAE	Public	5 days	3,900
1–5 November 2026	Al-Khobar, KSA	Public	5 days	4,500

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Frequently Asked Questions

What do Al-Khobraa finance and accounting courses cover?

The portfolio covers IFRS (International Financial Reporting Standards) and IPSAS, financial analysis and reporting, budgeting and forecasting, cost and management accounting, accounts payable and receivable, internal controls and audit, and finance for non-finance managers.

Who should attend a finance and accounting course?

These courses suit accountants and financial analysts, finance managers and controllers, budgeting and planning staff, internal auditors, accounts payable and receivable teams, and non-financial managers who own a budget or read financial statements.

How long are finance and accounting courses, and where are they held?

Most Al-Khobraa finance and accounting courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.

What certificate will I receive?

Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.

Can finance and accounting training be delivered in-house for our team?

Yes. Any Al-Khobraa finance and accounting course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.

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