Risk management auditors

The target audience for this course is specialists who carry out audits of risk management implemented in companies. The course is recommended to a variety of industrial and transport enterprises, as well as for individuals who intend to improve their qualifications in auditing enterprise risk management. Persons with higher education are allowed to take the course.

The scope of the "Risk Management Auditor" training program is 24 ac. hours. Upon graduation, graduates who successfully pass the final exam receive certificates of advanced training indicating the name of the program. Graduates with sufficient experience in risk management may, on their personal application, be nominated for certification in the International Dangerous Goods and Containers Association as auditors. The auditor's certificate is valid for 5 years.

Enterprise risk management is the identification of events that may affect an organization and management of the risk associated with those events, while ensuring that the organization's risk tolerance is not exceeded and reasonable assurance is provided to achieve its objectives. At the same time, an audit is a complex event that includes conducting an analysis of financial activities, studying the internal control system, studying the legislative and regulatory environment of the enterprise, studying the risks inherent to the entity and their impact on the financial statements and on the ability of the entity to operate continuously, etc., as well as development of appropriate recommendations to the management.

In the course of mastering the training program, which includes such basic issues as the basics of risk management, risk-based audit, risk management effectiveness assessment, students study the basic provisions of the International Standard ISO 31000:2018 “Risk Management. Guide”, the American model COSO ERM-2017 (ERM – Enterprise Risk Management), the European standard FERMA-2002 (Federation of European Risk Management Associations), as well as other standards and rules applied in the subject area.