Risk is an inevitable part of success and all organizations need to have adequate buffers to protect them from risks and achieve their objectives. The need for RM/IC, which will help safeguard the interests of stakeholders and employees, is more acute now. The main aim of an RM/IC system is to smoke out irregularities or fraud that may lead to loss of organizational reputation and business.
Employees in all levels must therefore be aware of how to plan, implement, execute, evaluate and improvise on the RM/IC of the organization and keep up-to date with revised guidelines or frameworks.
Our course, will help you design more effective RM/IC by making you aware of the various components, guidelines, and frameworks that go into building such systems and to leverage them for better management of operations. Professionals working as accountants or auditors will greatly benefit by understanding the implications of RM/IC systems on finances and can help safeguard their organizations from corruptions and other anomalies.
On successful completion of the course, you will receive a Course Completion Certificate from KnowledgeHut with Credits (1 credit per hour of training).
What you will learn:
This course will help you:
- Understand the main objectives and concepts of Internal control
- Understand the various aspects of risk management
- Learn to identify and classify risks
- Learn how to address and manage risks
- Learn about the roles and responsibilities of various players in RM/IC systems
- Learn about reporting requirements to effectively carry out RM/IC
- Learn to develop effective RM/IC systems and help your organization grow
