Risk Management and Compliance for Revenue Authority
06-10 May 2024
Sandton
Johannesburg South Africa
Cost per Delegate
R19,999.00
Course Overview:
In an ever-evolving regulatory landscape, revenue authorities face increasing pressure to maintain integrity, transparency, and adherence to laws and regulations. Through this training, participants will gain insights into various risk management frameworks, compliance strategies, and best practices tailored to the unique challenges faced by revenue authorities.
The Risk Management and Compliance Training for Revenue Authority aims to empower participants with the knowledge, skills, and tools needed to navigate the complexities of risk and compliance in revenue collection environments. By investing in this training, revenue authorities can enhance their capacity to fulfil their mandate with integrity, transparency, and efficiency, ultimately contributing to broader socioeconomic development goals.
Learning Objectives
• Understand the importance of risk management and compliance within a revenue authority context.
• Learn key concepts, principles, and methodologies of risk management.
• Identify and assess risks specific to revenue collection processes and operations.
• Develop strategies for mitigating risks and enhancing compliance.
• Familiarize with regulatory requirements and international standards relevant to revenue authorities.
• Explore techniques for monitoring and evaluating compliance efforts.
• Enhance decision-making skills to address complex risk and compliance issues.
• Cultivate a culture of compliance and ethical behavior within the organization.
Target Audience
This training is intended for personnel working within revenue authorities, including but not limited to tax administrators, compliance officers, audit and investigation teams, legal advisors, and senior management involved in governance and oversight functions.
Course Outlines:
Module 1: Introduction to Risk Management and Compliance
• Fundamentals of risk management
• Importance of compliance in revenue authority operations
• Regulatory landscape and emerging trends
Module 2: Risk Identification and Assessment
• Identifying risks in revenue collection processes
• Techniques for risk assessment and prioritization
• Risk mapping and analysis
Module 3: Compliance Frameworks and Standards
• Overview of compliance frameworks (e.g., COSO, ISO 19600)
• Understanding regulatory requirements and international standards
• Aligning compliance efforts with organizational goals
Module 4: Risk Mitigation Strategies
• Developing risk mitigation plans and controls
• Implementing risk management best practices
• Case studies and examples of effective risk mitigation strategies
Module 5: Monitoring and Reportingt
• Establishing monitoring mechanisms for compliance
• Reporting on risk and compliance issues to stakeholders
• Utilizing technology for efficient monitoring and reporting
Module 6: Enforcement and Remediation
• Enforcement mechanisms for addressing non-compliance
• Remediation strategies for resolving compliance deficiencies
• Implementing corrective actions and improvements
Module 7: Building a Culture of Compliance
• Fostering ethics and integrity within the organization
• Promoting accountability and responsibility
• Training and communication strategies for promoting compliance culture
Module 8: Case Studies and Practical Applications
• Real-world case studies relevant to revenue authority operations
• Practical exercises and simulations to apply learned concepts
• Group discussions and peer learning opportunities
End of the Workshop
For Training arrangements call us on the detail below
TANZANIA: +255 749 50 26 78
SOUTH AFRICA: +27 694 31 79 73
KENYA: +255 749 50 26 78
DUBAI: +27 694 31 79 73
