Effective Risk Management in Tax Administration

Description

Introduction
Tax authorities must have robust risk management best practices to deliver services within specified time frames, budgets, and quality requirements. Proactive risk management allows decision-makers to optimise results by implementing proven tools to plan for threats and opportunities. This workshop offers a proven method for incorporating risk management processes as integral elements of tax administration. The workshop will present different approaches to identify risks such as:

1. Qualitative and quantitative methods to analyse risks and determine their impacts
2. Risk ranking and response techniques
3. Procedures to monitor, control, and communicate risks throughout the tax administration

Course Content

• Risk management planning
• Designing critical platforms for success
• Overview of Tax risk management
• Risk identification tools & techniques
• Five factors that lead to successful projects
• Risk monitoring and control tools

Learning Outcomes

• Apply scalable templates for risk management plans, risk registers and risk assessment matrices
• Leverage a proven qualitative risk analysis process to guide your risk management decisions
• Determine risk mitigations, and time and cost contingencies