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Quest Training

Tax Risk Management & Corporate Tax Governance Training Course

Shows how to identify, assess and mitigate tax exposures and build tax governance and controls that link with enterprise risk management and compliance.

AFRI · Accounting, Financial Reporting & IFRSAll Levels#2632ClassroomEnglish , Arabic
Duration
5 Days
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Free substitution at any time · 30+ days' notice: full refund minus 10%. Cancellation policy

Sectors:Finance, Investment & BankingCategories:Accounting, Financial Reporting & IFRS

Course Overview

This advanced training course provides a practical framework for managing tax risks and strengthening corporate tax governance and internal controls. It focuses on identifying, assessing, monitoring, and mitigating tax exposures while integrating tax risk management with enterprise risk management, financial controls, and regulatory compliance. The programme examines tax risk arising from inaccurate tax returns, inadequate documentation, legislative interpretation, related-party transactions, regulatory changes, and cross-border activities. Participants learn to assess the financial, operational, regulatory, and reputational implications of tax exposures and prioritise risks according to their likelihood and potential impact. Particular emphasis is placed on establishing a corporate tax governance framework that defines responsibilities, approval authorities, escalation procedures, and review mechanisms. The course also covers internal tax controls, data accuracy, audit readiness, tax dispute management, technical position documentation, and corrective action monitoring. Through practical case studies and applied exercises, participants develop tax risk registers, control indicators, and monitoring frameworks. They also learn to evaluate control effectiveness and prepare clear reports for senior management and audit committees, supporting transparency, accountability, and sustainable tax compliance.

Learning Objectives

  • Develop an integrated framework for tax risk management and corporate tax governance.
  • Identify and classify tax risks according to their nature and potential impact.
  • Assess the likelihood and financial, regulatory, and operational consequences of tax exposures.
  • Develop tax risk registers aligned with enterprise risk management frameworks.
  • Design internal controls to reduce errors in tax returns and supporting data.
  • Establish clear responsibilities and approval authorities for tax decisions and obligations.
  • Assess risks associated with related-party transactions and transfer pricing.
  • Strengthen readiness for tax audits, examinations, and disputes.
  • Establish processes for monitoring legislative changes and evaluating their corporate impact.
  • Develop key risk indicators and control performance measures.
  • Improve tax reporting to senior management and audit committees.
  • Prepare mitigation plans and monitor corrective actions to address identified risks.

Who Should Attend

Chief Financial Officers and Finance Directors Tax Directors and Tax Specialists Enterprise Risk Managers Governance and Compliance Officers Financial Controllers and Chief Accountants Internal Audit Managers Financial and Tax Advisors Financial Control and Internal Controls Managers Treasury and Corporate Finance Managers Legal Advisors responsible for tax matters Audit and Risk Committee Professionals Senior Executives responsible for financial risk and compliance

Learning Outcomes

  • Establish a tax risk management framework suited to the organisation's structure and operations.
  • Identify, classify, and assess tax risks according to likelihood and impact.
  • Develop a tax risk register covering existing controls, required actions, and accountable owners.
  • Evaluate the effectiveness of internal controls over tax data and tax return preparation.
  • Identify weaknesses in tax processes and develop appropriate corrective measures.
  • Establish responsibility matrices, approval authorities, and escalation procedures.
  • Assess risks associated with related-party transactions and transfer pricing.
  • Prepare supporting documentation for corporate tax positions and technical interpretations.
  • Organise tax audit readiness and manage information requests.
  • Design indicators to monitor tax exposure and control effectiveness.
  • Prepare clear tax risk reports for senior management and audit committees.
  • Develop a continuous monitoring and improvement plan for corporate tax governance.

Course Outline

Day 1

Tax Risk Fundamentals & Exposure Identification

  • Tax risk concepts and their relationship with enterprise risk management
  • Distinguishing compliance, interpretation, operational, and tax planning risks
  • Sources of risk in tax returns, reconciliations, and financial records
  • Impact of data errors, classification issues, and accounting treatments
  • Risks involving direct taxes, indirect taxes, and withholding taxes
  • Related-party transaction risks
  • Tax exposures arising from cross-border activities and transactions
  • Impact of legislative and regulatory changes on tax obligations
  • Financial, operational, and reputational risk assessment
  • Early warning indicators for emerging tax exposures
  • Integrating tax risks into the corporate risk register
  • Practical Application: Identify tax risk sources within a simulated company and classify them according to their nature and potential impact.
Day 2

Risk Assessment & Internal Control Design

  • Methodologies for assessing risk likelihood and severity
  • Developing a tax risk assessment matrix
  • Identifying material risks and prioritising mitigation measures
  • Building tax risk registers and assigning risk owners
  • Evaluating preventive, detective, and corrective controls
  • Controls over tax return preparation, review, and approval
  • Segregation of duties and authority management in tax processes
  • Data quality controls, reconciliations, and tax adjustments
  • Documentation of assumptions, interpretations, and tax treatments
  • Assessing control effectiveness and identifying weaknesses
  • Developing corrective action plans and implementation deadlines
  • Practical Application: Prepare a tax risk matrix and control register with assigned responsibilities, control measures, and corrective actions.
Day 3

Corporate Tax Governance, Controls & Compliance

  • Principles of corporate tax governance and their relationship with corporate governance
  • Defining responsibilities across finance, tax, legal, and compliance functions
  • Approval authorities for tax positions and decisions
  • Developing internal tax policies and procedures
  • Establishing escalation pathways for high-risk tax matters
  • Governance of related-party transactions
  • Oversight of transfer pricing and supporting documentation
  • Monitoring legislative developments and assessing their impact
  • Record retention and supporting evidence requirements
  • The role of internal audit in evaluating tax controls
  • Tax governance reporting for senior management and audit committees
  • Practical Application: Design a corporate tax governance framework defining responsibilities, approval authorities, review procedures, and escalation pathways.
Day 4

Tax Audits, Disputes & Corrective Action Management

  • Preparing for tax audits and examinations
  • Organising tax files, records, and supporting documentation
  • Managing information requests and enquiries from tax authorities
  • Evaluating tax findings, assessments, and claims
  • Analysing dispute causes and differences in tax interpretation
  • Documenting technical positions and the basis for tax treatments
  • Managing tax provisions and potential liabilities
  • Assessing the impact of audit findings on financial statements and cash flow
  • Developing response plans for material tax risks
  • Monitoring corrective actions and preventing recurring errors
  • Coordination between tax, finance, legal, and internal audit teams
  • Practical Application: Analyse a simulated tax audit and develop a response plan covering supporting evidence, financial exposure, and corrective actions.
Day 5

Risk Indicators, Reporting & Continuous Improvement

  • Developing key risk indicators and control performance measures
  • Measuring control effectiveness and tax compliance performance
  • Analysing recurring errors and repeated tax audit findings
  • Designing dashboards for tax risks, obligations, and filing deadlines
  • Establishing escalation thresholds and risk tolerance levels
  • Preparing tax risk reports for senior management
  • Presenting material tax issues to audit and risk committees
  • Integrating audit findings into process improvement plans
  • Using automation to monitor tax obligations and controls
  • Updating tax risk registers as business conditions change
  • Strengthening accountability and a culture of tax compliance
  • Final Workshop: Develop an integrated corporate tax risk management and governance framework covering the tax risk register, control matrix, monitoring indicators, escalation procedures, mitigation plans, and periodic management reporting.

Upcoming Dates

Selected date

Makkah · 15 – 19 Mar 2027 · Classroom

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CityDatesPrice per ParticipantEarly Bird
RiyadhScheduled
2 – 6 Nov 2026€4,200—
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RomeScheduled
9 – 13 Nov 2026€5,800—
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Sharm El-SheikhScheduled
16 – 20 Nov 2026€4,300—
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MuscatScheduled
16 – 20 Nov 2026€5,300—
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SingaporeScheduled
23 – 27 Nov 2026€6,700€6,030until 2 Nov
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ViennaScheduled
30 Nov – 4 Dec 2026€5,700€5,130until 9 Nov
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AmmanScheduled
6 – 10 Dec 2026€3,100€2,790until 16 Nov
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AmsterdamScheduled
7 – 11 Dec 2026€5,400€4,860until 16 Nov
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OnlineScheduled
13 – 17 Dec 2026€1,700€1,530until 23 Nov
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BarcelonaScheduled
14 – 18 Dec 2026€5,400€4,860until 23 Nov
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CairoScheduled
21 – 25 Dec 2026€3,300€2,970until 30 Nov
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CasablancaScheduled
28 Dec 2026 – 1 Jan 2027€4,300€3,870until 7 Dec
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DammamScheduled
4 – 8 Jan 2027€4,200€3,780until 14 Dec
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AbujaScheduled
4 – 8 Jan 2027€5,100€4,590until 14 Dec
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DohaScheduled
11 – 15 Jan 2027€4,400€3,960until 21 Dec
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DubaiScheduled
17 – 21 Jan 2027€4,400€3,960until 28 Dec
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FrankfurtScheduled
18 – 22 Jan 2027€5,800€5,220until 28 Dec
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GenevaScheduled
25 – 29 Jan 2027€6,300€5,670until 4 Jan
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AccraScheduled
25 – 29 Jan 2027€5,100€4,590until 4 Jan
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IstanbulScheduled
1 – 5 Feb 2027€4,700€4,230until 11 Jan
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JeddahScheduled
7 – 11 Feb 2027€4,200€3,780until 18 Jan
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Kuala LumpurScheduled
15 – 19 Feb 2027€4,400€3,960until 25 Jan
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BakuScheduled
15 – 19 Feb 2027€4,800€4,320until 25 Jan
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LisbonScheduled
22 – 26 Feb 2027€5,400€4,860until 1 Feb
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LondonScheduled
1 – 5 Mar 2027€5,600€5,040until 8 Feb
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MadinahScheduled
1 – 5 Mar 2027€4,200€3,780until 8 Feb
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BeirutScheduled
7 – 11 Mar 2027€4,000€3,600until 15 Feb
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MadridScheduled
8 – 12 Mar 2027€5,400€4,860until 15 Feb
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MakkahScheduled
15 – 19 Mar 2027€4,200€3,780until 22 Feb
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ManamaScheduled
22 – 26 Mar 2027€4,700€4,230until 1 Mar
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Available in: Istanbul · Dubai · London · Riyadh · Doha · Amsterdam

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