Audit on Risk Management Certification
This course prepares you to become a professional on Audit and Risk Management.
It will guid you in dmonstrating your skills in providing assurance on core business processes in risk management and governance.
You will be educated on the management and audit committee on risk management concepts.
And also you can focus on strategic organizational risks that will add value for your organization.
Certification Issued By:
Chartered Institute for Certified Public Accountants(CICPA - USA)
The Chartered institute of certified public Accountants of USA (CICPA) is a
statutory body established under the Chartered Accountants Act, 1962
(Act No. XXIVI of 1962) for the regulation of the profession of Chartered Accountants in USA.
During its 55 years of existence, CICPA has achieved recognition as a private international accounting body not
only in the country but also globally, for its contribution in the fields of education, professional development,
maintenance of high accounting, auditing and ethical standards. CICPA now is the one of largest accounting body in the whole world.
Membership By:
HIGH AUTHORITY COUNCIL FOR CHARTERED ACCOUNTANTS (HACCA)
HACCA is a world leading professional membership organisation that promotes,
develops and supports chartered accountants worldwide.
We provide qualifications and professional development, share our knowledge,
insight and technical expertise, and protect the quality and integrity of the
accountancy and finance profession.
Course Parts:
- I. Internal control and risk Framework according of international auditing standards:
- International Standard on Internal Audit No. 2130 «control».
- Internal control system objectives.
- Internal control elements, which include: work environment, risk management, internal control activities, information, communication systems, and monitoring.
- Determinants of internal control systems.
- Internal auditor’s responsibilities in internal control systems.
- II. Advanced Strategies in internal audit internal audit scope:
- Financial Audit.
- Systems review, policies and plans.
- Exploration of the internal control system.
- Operations review.
- Verification the efficiency and effectiveness in performance.
- Quality review.
- Performance professional internal audit standards.
- Implementation of internal audit.
- III. Strategies Verification and evaluate the Internal control Systems:
- Internal control development concept.
- Update internal control system structure.
- Internal audit department roles according updating internal control system.
- Initial Test of internal control & Audit
- Standards evaluation of the effectiveness in internal control.
- Internal control Procedures.
- IV. Operations Design strategies in internal control systems:
- Internal control systems objectives
- Elements of internal control system
- Internal control of cash transaction (receipts and payments)
- Internal control of Purchase and inventory system
- Internal control of wages and salaries system
- Internal control of securities.
- Internal control of revenues and expenses system
- V. Internal governance system
- Internal governance meaning.
- International Standard on Internal Audit No. 2110 «governance».
- Internal governance Factor.
- Internal audit and internal governance ethics
- Responsibilities of the internal auditor according internal governance systems.
- VI. Management and evaluation of the audit risk
- Risk types.
- Risk ratings.
- Inherent risks.
- Control risk
- Detection risk
- Internal audit in risk management
- Internal control and risk management system
- Role of internal control in risk management
How to Register?
- Register Online or
- Fill-up the registration form and visit the Institute,
with the following requirements then pay the necessary fees.
- passport copy
- 1 copy of passport size photo
- eligible certificate copy
Download Accounting Certification Details
Download full details of this course.
