Introduction

In today’s complex business environment, robust internal controls and effective risk mitigation strategies are essential to safeguard organizational assets, ensure regulatory compliance, and enhance operational efficiency. This masterclass equips professionals with practical skills to design, implement, and monitor internal controls, while proactively identifying and managing risks across business functions.

Training Objectives

By the end of the masterclass, participants will be able to:

·Understand the fundamentals of internal controls and risk management.

·Identify different types of organizational risks (operational, financial, compliance, strategic).

·Evaluate and design effective control mechanisms to mitigate risks.

·Apply risk assessment frameworks and tools to real business scenarios.

·Ensure compliance with corporate governance, legal, and regulatory standards.

·Strengthen internal audit readiness and reporting practices.

Expected Outcomes

Participants will gain the ability to:

· Map organizational processes and identify control gaps.

· Design and implement risk mitigation strategies aligned with organizational goals.

· Develop risk registers, risk matrices, and monitoring dashboards.

· Understand how internal controls prevent fraud, errors, and operational inefficiencies.

· Prepare for internal and external audits with confidence.

· Support management decision-making through risk-informed insights.

Training Methods

· Interactive Lectures & Concept Discussions

· Case Studies & Real-life Examples

· Group Exercises & Risk Assessment Workshops

· Role-plays on control evaluation and mitigation

· Hands-on Tools: Risk Register Templates, Control Matrices, Audit Checklists

· Q&A and Knowledge Sharing

Training Modules

Module 1: Introduction to Internal Controls & Risk Management

· Definition, objectives, and importance

· Types of internal controls: preventive, detective, corrective

· The relationship between controls, risk, and compliance

Module 2: Risk Identification & Assessment

· Categories of risk: operational, financial, compliance, strategic

· Risk assessment methodologies (qualitative vs quantitative)

· Risk heat maps, scoring, and prioritization

Module 3: Designing Effective Internal Controls

· Control frameworks: COSO, COBIT, ISO 31000

· Segregation of duties and process controls

· Control activities in financial, operational, and IT processes

Module 4: Risk Mitigation Strategies

· Risk treatment options: avoid, reduce, transfer, accept

· Fraud prevention and detection controls

· Business continuity & disaster recovery planning

Module 5: Monitoring, Reporting & Auditing Controls

· Continuous monitoring mechanisms

· Key risk indicators (KRIs) and control metrics

· Internal audit techniques and audit trail documentation

Module 6: Integrating Controls into Business Processes

· Embedding risk management in organizational strategy

· Leveraging technology for automated controls & dashboards

· Case studies on successful risk mitigation implementation

Module 7: Emerging Trends in Risk & Controls

· Regulatory updates and compliance challenges

· Cybersecurity and IT risk controls

· ESG-related risk considerations

Training Materials Provided

· Comprehensive Participant Handbook/PDF Module

· Risk Assessment Templates & Checklists

· Internal Control Framework Guides

· Case Study Exercises

Trainer Profile

Mohammad Abdur Rahman – Compliance & Risk Management Expert

· 19 years of hands-on experience in practical implementation within organizational environments

· 16 years as a freelance Risk Management Auditor, Consultant, and Trainer

· Guides organizations in identifying, assessing, and mitigating operational, financial, and compliance risks

· Known for practical, actionable strategies to strengthen internal controls, enhance governance, and build resilient risk management frameworks

Course Summary:

·       Online Virtual & In Personal Classroom Training

·       04 Modules & 08 Sessions (Online Training)

·       Day Long (9:00 AM-5:00 PM)-8 Hours for Classroom Training

·       Google Meet Link’s Training (For Online)

·       Certificate Course & Certificate shall be awarded

·       04 Soft PDF Training Module shall provide

Registration Hotlines:

01739-138399

01312-138399

01824-576598

01772-825678

WhatsApp Number:

01739-138399

01312-138399

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Registration Fee:

Online Mode:

BDT 3500/- Per Person

In person Classroom Training:

BDT 4000/- Per Person

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Payment Modes:

Bkash A/C: 01739-138399 (Personal)

Nagad A/C: 01739-138399 (Personal)

DBBL Rocket A/C: 01739-1383997 (Personal)

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DBBL Nexus Pay-01:

Card Number:0121 0845 8527

A/C Name: Mohammad Abdur Rahman

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Bank Account Number

A/C NAME: MOHAMMAD ABDUR RAHMAN

A/C NUMBER: 3001570018186

ROUTING NUMBER: 090262087

BRANCH: IBRAHIMPUR BANK: DUTCH-BANGLA BANK LTD.

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Email: compliancetrainingbd2019@gmail.com

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