Advanced Legal Consulting and Professional Legal Advisory Skills Training Course

This instructor-led, live training in Czech Republic (online or onsite) is designed for intermediate to advanced finance and asset management professionals seeking to optimize asset tracking, control, and adherence to International Financial Reporting Standards (IFRS).

Upon completion of this training, participants will be able to:

• Classify and configure fixed assets in accordance with IFRS regulations.
• Oversee asset creation, acquisition, and capitalization processes.
• Establish control measures for comprehensive asset tracking and monitoring.
• Apply suitable depreciation and amortization methodologies.
• Efficiently handle asset movements, transfers, and disposals.
• Ensure compliance with financial reporting and audit standards.

This instructor-led, live training in Czech Republic (online or onsite) is designed for finance and accounting professionals at an intermediate level who aim to effectively manage, value, and audit fixed assets in compliance with applicable accounting standards and regulations.

Upon completion of this training, participants will be able to:

• Understand the lifecycle and classification of fixed assets.
• Apply local and international accounting standards for asset valuation and depreciation.
• Manage fixed assets using appropriate controls, tools, and procedures.
• Adhere to legal and tax frameworks pertinent to asset management and reporting.

Overview

In today's global landscape, regulators are increasingly tying the amount of risk a bank assumes to the capital it must hold. Consequently, banks and financial institutions are shifting toward risk-based management practices. As banks, their product lines, regulatory frameworks, and the global market grow more complex, effective risk management faces mounting challenges. A crucial insight from the banking crisis of the past five years is that risks are deeply interconnected; to manage them efficiently, banks must understand these interactions.

Key features of this course include:

• an explanation of current risk-based regulations
• a detailed examination of the primary risks banks face
• industry best practices for adopting an enterprise-wide approach to risk management integration
• the use of governance techniques to foster a group-wide culture, ensuring active participation in risk management aligned with the bank’s strategic objectives
• an exploration of potential challenges for risk managers in the future

Throughout the five-day course, extensive use is made of case studies designed to explore, examine, and reinforce the concepts and ideas presented. Historical banking events will be analyzed to highlight failures in risk management and to discuss actions that could have prevented losses.

Objectives

This course aims to assist bank management in delivering an appropriate integrated strategy for handling the complex and evolving risks and regulations within today’s international banking environment. Specifically, it seeks to provide senior-level management with an understanding of:

• major risks in the financial industry and key international risk regulations
• methods for managing a bank’s assets and liabilities while maximizing returns
• the interactions between different risk types and how banks utilize an integrated approach for management
• corporate governance and best practices for managing the diverse interests of stakeholders
• developing a culture of risk governance to minimize unnecessary risk-taking

Who should attend this seminar

This course is designed for individuals new to integrated risk management, senior management responsible for strategic risk management, or those seeking to deepen their understanding of enterprise risk management. It is particularly beneficial for:

• Board-level bank management
• Senior managers
• Senior risk managers and analysts
• Senior directors and risk managers responsible for strategic risk management
• Internal auditors
• Regulatory and compliance personnel
• Treasury professionals
• Asset and liability managers and analysts
• Regulators and supervisory professionals
• Suppliers and consultants to banks and the risk management industry
• Corporate governance and risk governance managers

Planning and Risk Assessment represents a systematic methodology for identifying, evaluating, and mitigating potential risks within projects and operational contexts.

This instructor-led live training, available both online and onsite, is designed for beginner to intermediate professionals seeking to enhance their ability to plan effectively and manage risks in project or operational settings.

Upon completion of this training, participants will be equipped to:

• Grasp the fundamental principles and processes of effective planning.
• Identify and assess potential risks across various scenarios.
• Formulate and execute strategies for risk mitigation.
• Effectively integrate risk assessment throughout the entire project lifecycle.

Course Format

• Interactive lectures and group discussions.
• Collaborative exercises and scenario-based practice.
• Practical application through case studies.

Customization Options

• To arrange a tailored training session for this course, please contact us directly.

This instructor-led, live training in Czech Republic (online or onsite) is aimed at intermediate-level professionals who wish to develop a systematic approach to identifying, analyzing, and resolving problems using RCA methodologies.

By the end of this training, participants will be able to:

• Understand essential concepts of RCA and continuous improvement cycles.
• Apply different RCA tools to identify the root cause of problems.
• Develop and implement effective problem-solving strategies.
• Integrate RCA into organizational improvement and prevention efforts.

The primary objective of this program is to shift the audit process from a reactive approach focused on "finding" issues to a proactive strategy centered on "prevention." By mastering Root Cause Analysis, the Internal Audit team can specifically target the elimination of recurring findings. This ensures that when a weakness is identified, the resulting recommendation offers a permanent solution, thereby protecting the company's operational efficiency and financial integrity.

Failing to implement structured RCA creates a high-risk environment:

• Financial Erosion: Unresolved root causes in financial processes result in cumulative losses that increase over time.
• Resource Wastage: Auditors spend 40% more time re-auditing the same failed controls instead of focusing on new strategic risks.
• Diminished Authority: Repeatedly reporting the same issues weakens the Audit Division's influence with senior management and auditees.

This instructor-led, live training in Czech Republic (online or onsite) targets intermediate-level internal auditors aiming to enhance their audit efficacy through structured RCA techniques.

By the conclusion of this training, participants will be able to:

• Understand RCA methodologies and their role in internal auditing.
• Identify and analyze the root causes of audit findings.
• Apply RCA tools such as the 5 Whys, Fishbone Diagram, and Failure Mode and Effects Analysis (FMEA).
• Develop corrective and preventive action plans based on RCA findings.
• Integrate RCA into the internal audit process to improve risk management.

This instructor-led, live training (online or onsite) is aimed at intermediate-level safety professionals and operational managers who wish to enhance their ability to investigate incidents, identify systemic weaknesses, and design effective corrective and preventive actions.