Overview
This CST
masterclass explores the key concepts and core principles of risk management
and considers how to take a strategic approach to risk assurance in your school trust. It will give practical insights that will enable your trust to take a risk-based
approach to decision-making and receive real assurance that risks are being
mitigated.
Please be sure to check our fees before making your booking.
Who is
it for?
- Chief executives and trust leaders
- Chairs
and trustees
- Governance
professionals
How you will benefit
You will
gain:
- An understanding of the fundamental
principles and practices of risk management and the role and remit of the audit
and risk committee
- Insight into the relationship between
strategy and risk, and the benefits of a risk-based approach to decision-making
- Guidance on how to focus on strategic risk
and gain assurance that your risk controls are working
- An understanding of how you can reset your
risk management approach and define the risk appetite of your trust
- Practical tools with which to develop risk assurance
in your trust
Seminar leaders
Craig Duff, Associate Director, RSM
Matthew Humphrey, Partner, RSM
Richard Mackie, Associate Director, RSM
Previous participants said
‘It has been excellent overall covering an area of governance that I felt I need to learn much more about. I would strongly recommend this masterclass to other trustees.’
‘Extremely useful. I didn’t expect to enjoy it so much! The sessions have definitely helped my understanding of risk assurance.’
‘Very thought provoking and has resulted in further development with confidence.’
‘Gets you thinking, gives reassurance that you are on the right track and its useful to hear how other trusts manage risk.’
Spring 2025 - online
- Seminar 1: 10:00-11:30 on Thursday 6 February 2025
- Seminar 2: 10:00-11:30 on Thursday 13 February 2025
- Seminar 3: 10:00-11:30 on Thursday 27 February 2025
Book now Spring 2025
Summer 2025 - online
- Seminar 1: 10:00-11:30 on Tuesday 6 May 2025
- Seminar 2: 10:00-11:30 on Tuesday 13 May 2025
- Seminar 3: 10:00-11:30 on Tuesday 20 May 2025
Book now Summer 2025
Seminar 1: The
fundamentals of risk management for school trusts
The first seminar will explore:
- Risk in schools: context and capacity.
- The concept and purpose of controls to
mitigate risk and assurance.
- Best use of the executive, internal audit,
external audit and governance in a risk assurance system.
- A guide to the work of the audit and risk committee function.
Seminar 2: A
strategic approach to risk management
The second seminar will consider:
- How strategic and operational risk are
managed.
- How strategic risk considerations can improve
decision-making.
- Establishing your trust’s risk appetite.
- Thinking about opportunity.
- Resetting risk management at your trust to
enable a more strategic approach.
Seminar 3: Effective
controls to manage risk
The third seminar will involve:
- Mapping the control of risk in a board assurance framework by working in breakout groups, exploring a worked example
showing the interplay of risk identification, control and overall evaluation
and assurance of mitigations.
- Implementing what you have learnt by sharing
the current practice in risk assurance at your trust.
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