Course fee: KSH 80,000, USD 1,000 Start Date: 07/02/2022 End Date: 11/02/2022


Understanding an organization’s risks and exposures, and acquiring skills to mitigate these risks is not an option for any Director or Senior Manager. While the ultimate responsibility of ensuring that the organization has identified risks and instituted measures to mitigate such exposures rests with the board, establishing an effective risk management framework is an essential and critical part of the management function;- senior managers must  acquire an understanding of these risks as a basis of ensuring that boards comply with this requirement. This way, management is able to help boards to comply with this important requirement of establishing an effective risk management framework. Furthermore, identification of risks and putting in place mitigating measures is not the function of Internal Audit or Risk Managers; - while these functions have a key role in facilitating and guiding in Risk Management process, functional organizational players have the basic responsibility of identifying risks relevant to their areas of operation, and establish mitigating strategies against them by firmly embedding sound risk management practices across all the organization functions.


5 Days


At the end of the course, participants will be able to:

v  Perform Risk analysis of a set of financial statements;

v  Establish the purpose of Risk management;

v  Discover the role of Risk in short-term financial planning;

v  Explain the relationship between risk and return on an investment.


v  CEOs

v  Board Members

v  Audit Committees


v  Risk officers

v  Strategy Managers

v  Auditors (Internal & External)


v  Demystifying Enterprise Risk Management-Evolution, Risk Management Concepts and Frameworks

v  Risk Management , Strategic Planning and Governance

v  Internal Controls and Risk Management.

v  Identifying and Assessing Organizational Risks.

v  Establishing and Formalizing Risk management Framework.

v  Planning and conducting a detailed risk assessment.

v  Risk Management strategies.

v  Detecting, Investigating and preventing fraud using Risk Management Systems.

v  Biases and Risks in Decision Making 

v  ERM Ownership- Role of Internal Audit, Functional Managers in Risk Management.

v  Role of Board and Audit committee in risk management.

v  Embedding a culture of Risk Management in the organization.


The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.


v  Training is residential and will be held at Afriex Training Centre.

v  The course fee covers the course tuition, training materials, two break refreshments, lunch, and study visits.

v  Accommodation and airport transfer are arranged upon request by the participant.

v  This training can also be tailor made for your institution upon request. You can have it delivered in our training Centre or at a convenient location.

v  For further inquiries, please contact us on training@afriextraining.org

v  Payment should be made to Afriex Training Limited bank account before the start of the training and receipts sent to training@afriextraining.org

v  Upon successful completion of this training, participants will be issued with an Afriex Training Ltd certificate.

Contact Details

Anniversary Towers 8th Flr, Nairobi
+254 715 310 685 | +254 732 543 623

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Afriex Training

We engage in empowering individuals, organizations, and societies through quality trainings.