Responding to Risk: What You Do After You’ve Identified It - Follow up

Spotting risk is easy — responding to it properly is where most professionals fail. This session shows how to respond to risk in a way that actually protects the business and the professional. This session is a follow up to the previous event.

1 CPD unit 8 May 2026 1 presenter

What will set you apart

By completing this course you will gain the following competencies

Why identifying risk is only the first step
Different ways risk can be responded to
When to accept risk and when not to
How controls reduce risk in practice
How poor responses create bigger problems
How to respond to risk without overcomplicating things
How to explain risk responses to clients or management

Event breakdown

Why identifying risk is not enough
Types of risk responses explained
Avoiding, reducing, sharing, and accepting risk
Controls as risk responses
Cost versus benefit of risk responses
Common mistakes when responding to risk
Linking risk responses to decisions
Documenting and explaining risk responses
Improving judgement under pressure

Category: Assurance & reportingType: CPD CourseCPD category: Independent Review

Description

Many professionals are good at identifying risks but struggle to decide what to do next. This session focuses on responding to risk in a practical and realistic way. Delegates will learn how to decide whether a risk should be avoided, reduced, shared, or accepted, and what each option means in practice. The session explains how controls, processes, and decisions work together to manage risk without paralysing the business. Designed for professionals involved in planning, reviews, advisory work, or management discussions, this session strengthens judgement and confidence. By the end of the session, delegates will be able to respond to risk in a structured way and clearly explain why a chosen response makes sense.

Presenters

Leana van der Merwe — Leana van der Merwe is a Chartered Accountant and Registered Auditor with over 18 years of experience in business accounting, audit and corporate governance. A former Audit Director and professional-body Technical and Standards Executive, she has guided more than 14,000 professionals through complex regulatory matters. Leana also serves on the PAFA Technical Advisory Group, the IFAC Anti-Money Laundering Committee and the IFRS Foundation SME Implementation Group.

You will earn a certificate

On successful completion you will receive a certificate for 1 CPD unit in Independent Review.

Requirements

Laptop, desktop, or mobile device with internet access
Microsoft Edge, Google Chrome, Safari, or Firefox browser