As part of the Corporate Governance and Auditing lecture, Andreas Schwarzhuber, StB, WP, gave practical insights into the topics of risk management systems (RMS) and internal control systems (ICS) on December 3, 2024. Mr. Schwarzhuber is a partner at the Passau law firm Dr. Kittl & Partner, where he both audits RMS/ICS in his role as auditor and implements RMS/ICS in consulting projects. In his presentation, he introduced the basic principles of RMS/ICS as well as their practical implementation in risk assessment and the risk control matrix.