Certification in Risk Management Assurance (CRMA)
- Offered byUDEMY
Certification in Risk Management Assurance (CRMA) at UDEMY Overview
Duration | 10 hours |
Total fee | ₹399 |
Mode of learning | Online |
Difficulty level | Beginner |
Credential | Certificate |
Certification in Risk Management Assurance (CRMA) at UDEMY Highlights
- 30-Day Money-Back Guarantee
- Certificate of completion
- Full lifetime access
- Learn from 1 downloadable resource,1 article and 2 practise tests
Certification in Risk Management Assurance (CRMA) at UDEMY Course details
- All you need to know to pass the CRMA exam.
- The basics (and intermediate knowledge) of risk management.
- What you need to know to perform proper audits of risk management.
- Understand the role of an internal audit function in the management of an organization’s risks.
- Learn how to apply governance structures and frameworks over the management of risks in an organization.
- Know how to assess the governance framework in place.
- Know different measures for evaluating risks, how risk and control self-assessments are performed.
- Know how the monitoring of risks and the risk management system should be performed.
- Know how to use risk management maturity models in your organization.
- We are glad to bring you a course on the Certification in Risk Management Assurance (CRMA), a certification from the Institute of Internal Auditors (IIA). We really think this is the best course in the world on the CRMA, despite having a Udemy price.This course will give you all that you need to cover the study parts of the new CRMA syllabus. It is intended for either: 1. Those who want to learn more about risk management.2. Those who want to learn how to audit risk management.3. Those who want to pass the CRMA certification exam. It includes 40 exclusive practice questions, plus further questions explained during the course. It includes 110 pages of slides on key exam areas. It is taught by Adrian Resag, an experienced Chief Audit Executive and Head of Risk Management who has also been teaching for nearly 2 decades. You will learn: All you need to know to pass the CRMA exam. The basics (and intermediate knowledge) of risk management. What you need to know to perform proper audits of risk management. The course covers: CRMA Introduction and Exam Strategy Introduction to the CRMA, what strategies to use for the exam, what types of questions can be asked and what topics are covered in the CRMA. Internal Audit's Role in Risk Management The role of an internal audit function in the management of an organization’s risks. The Governance of Risk Management Learn how to apply governance structures and frameworks to the management of risks in an organization. Know how to assess the governance framework in place. Assurance over Risk Management Learn how to perform risk assessments Know different measures for evaluating risks, how risk and control self-assessments are performed. Know how the monitoring of risks and the risk management system should be performed. Know how to use risk management maturity models in your organization.
Certification in Risk Management Assurance (CRMA) at UDEMY Curriculum
Introduction
CRMA Pre-course Quiz
Course Materials
Introduction to Your Teacher
CRMA Exam Strategy
Exam Planning
CRMA Question Types
Content (not) Covered In this Course
Main Topics Covered
Internal Audit's Role in Risk Management
Evolution of Risk Management
Definition of Risk Management
Risk Management vs ERM
ERM Top-down Model
Risk Management Strategy Across An Organization
ERM Documentation
Question on Enterprise Risk Management
COSO ERM
The COSO Helix
Risk Criteria
Volatility, Interdependency and Correlation
Risk Management Maturity Model
Levels in the Risk Management Maturity Model
Advantages of the Risk Management Maturity Model
Risk Information Ownership in the Risk Management Maturity Model
Using Risk Management Maturity Models as an Internal Auditor
Independence and Objectivity Requirements for Internal Audit Independence
Measures for Internal Audit Independence and Objectivity
IIA Standards on Impairments to Independence and Objectivity
Threats to Internal Audit Independence
Threats to Internal Auditors Objectivity
Question on Threats to Internal Audit Independence and Objectivity
Internal Audit's Role in Risk Management
IIA Standards on Internal Audit's Role in Risk Management
The COSO ERM Fan
Core Internal Audit Roles in ERM
Legitimate Internal Audit Roles in ERM
Forbidden Internal Audit Roles in ERM
Question on Internal Audit Roles in ERM
Relying on Risk Assurance
IIA Standards on Coordination and Reliance on Risk Assurance
Can Internal Audit Rely on Risk Management Assurance?
Advantages of Relying on Risk Management Assurance
Other Forms of Assurance Over Risk Management
Risk Responses
Risk Measurement
The 3-lines of Defense Model
Risk Assurance Mapping
The Governance of Risk Management
Definition of Risk Management Governance
Risk Management Governance Structure
How Internal Audit Can Help Risk Management Governance
IIA Standards on Governance
Responsibilities of Board Members
IIA Standards on Organizational Independence
COSO's Enterprise Risk Management (ERM) Cube
Environments in Which Risk is Managed
Definition of Risk Appetite
Example of a Risk Appetite Statement
Sobel and Reding's Capability Criteria
Risk Evaluation Measures
Risk Levels
Risk Evaluation Measures
Determining the Risk Universe
Risk Map for Likelihood and Impact with Risk Levels
Main Functions of Controls
Using Lead Indicators and Controls for Emerging Risks
Inherent and Residual Risk
The Calculation of Residual Risk
The Calculation of Audit Risk
Likelihood and Impact Graph of Inherent and Residual Risks
Common Risk Management Frameworks
Question on Risk Management Frameworks
Roles in the COSO ERM Framework
ISO 31000 Principles
COSO ERM vs ISO 31000 Components
The COSO Internal Control Cube
COSO's 17 Principles of Internal Control
Risk Culture
ABC Model of Risk Culture
Indicators of Risk Culture
Assessing Risk Culture
McKinsey 7S Model
Definition of Emerging Risks
Assessing Emerging Risks
Question on Emerging Risks
Stakeholder Interest and Engagement
Assurance over Risk Management
Risk Identification Techniques
Risk Identification Workshops
Control and Risk Self-Assessments (CRSA)
Vulnerability Assessments
Scenario Planning
Brainstorming Risk Identification Technique
Risk Questionnaires
Benchmarking
Risk Event Map
Risk Likelihood and Impact Definitions
Steps to Assessing Risk Management
Assessing Risk Management - 1 Understand the Context of the Organization
Assessing Risk Management - 2 Gather Information and Documentation
Assessing Risk Management - 3 Preliminary Risk Assessment
Assessing Risk Management - Establish Scope and Objectives
Definition of Data Analytics for Internal Audit
Use of Data Analytics for Risk Management
Types of Data Analytics
Types of Data Analytics - Descriptive Data Analytics
Types of Data Analytics - Diagnostic Data Analytics
Types of Data Analytics - Predictive Data Analytics
Types of Data Analytics - Prescriptive Data Analytics
Question on Data Analytics 1
Question on Data Analytics 2
Ratio Estimation
Variance Analysis for Data Analytics
Proportional Analysis, Trend Analysis and Embedded Audit Modules
Benford's Law
Regression Analysis
Statistical Process Control
Other Types of Analytical Tests 1
Other Types of Analytical Tests 2
Models for Assurance Over Risk Management
Assurance Over Risk Management - Process Elements Approach
Assurance Over Risk Management - Key Principles Approach
Question on Assurance Over Risk Management
Question on the Key Principles Approach
Root Cause Analysis Methods
Root Cause Analysis Methods - Fishbone Diagram
Root Cause Analysis Methods - The 5 Whys
Root Cause Analysis Methods - Logic Trees
Root Cause Analysis Methods - Fault Trees Analysis
Root Cause Analysis Methods - Failure Modes and Effects Analysis (FMEA)
Systems Development Life Cycle (SDLC)
Auditing the Systems Development Life Cycle (SDLC)
Methods for the Systems Development Life Cycle (SDLC)
Systems Development Life Cycle (SDLC) - Waterfall Method
Systems Development Life Cycle (SDLC) - Spiral Method
Systems Development Life Cycle (SDLC) - Rapid Development
Systems Development Life Cycle (SDLC) - Agile Method
Qualities of Persuasive Internal Audit Information
Standards on Engagement Communication
Types of Audit Evidence
Question on Types of Audit Evidence
IIA Standards on Communicating the Acceptance of Risks
Process Map for Communicating the Acceptance of Risks
Quality of Audit Communications
CRMA Exam Tips and Tricks and Final Quiz
Final Test
CRMA Exam Tips and Tricks
Certification in Risk Management Assurance (CRMA) at UDEMY Faculty details
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