|Study Method:||Training Center Location|
|Awarding Body:||CIPFA Fast Track|
M3 – Risk Assurance & Audit Management
The aim of this module is to develop and enhance the internal auditor’s
knowledge and understanding of risk management, internal audit and corporate
The application of this knowledge provides the basis for enhancing the
quality of the assurance opinion provided to internal audit stakeholders.
The module raises the awareness and sensitivity of internal auditors to
broader strategic issues and how they may impact both upon the organisation and
the internal audit function.
Successful candidates will be able to:
Critically evaluate current control models and assurance frameworks that
support corporate governance requirements.
Analyse, appreciate and exploit the cultural and political environment,
particularly where organisational management and/or the board require an
informed judgement and opinion about corporate governance arrangements.
Understand the different stakeholder perspectives that underpin
effective risk management within an organisation.
Understand and assess the balance between managing risk and taking risks
as it affects the overall strategy of the organisation.
Evaluate the effectiveness of reporting in relation to risk management
and corporate governance.
Differentiate and apply the hard (processes and procedures) and soft
(skills and competencies) factors required to manage an internal audit
Apply the Professional Practices Framework and the ethical standards in
an organisational environment.
Understand the advanced theoretical concepts and best practice
requirements which underpin the assurance and consulting roles,
responsibilities, and management of internal audit.
Understand advanced IT risks and their impact on the organisation, and
how information systems may be used to help manage risk and providing assurance
across the whole of the organisation.
The module both uses and builds upon the knowledge and competencies
expected at Diploma level.
In particular, the application of knowledge and the critical analysis of
situations in the key subject areas will be expected.
The subject areas will cover all sectors and have information system
requirements embedded throughout
As a result, it is expected that students completing this module will
have greater skill and confidence in deepening their probing of, and making
judgements on, risk related issues.
Those who have successfully completed the module will be able to
demonstrate the following competencies:
|17/03/2014 to 20/03/2014||March||Cardiff||£929|
|29/09/2014 to 02/10/2014||September||Cardiff||£929|
|03/03/2014 to 06/03/2014||March||London||£929|
|15/09/2014 to 18/09/2014||September||London||£929|
|21/05/2014 to 21/05/2014||Cardiff||£209|
|07/11/2014 to 07/11/2014||Cardiff||£209|
|19/05/2014 to 19/05/2014||London||£209|
|03/11/2014 to 03/11/2014||London||£209|
Hi. I'm Mark Barnes one of the directors at BHBi.
Is there anything I can help you with? Perhaps you are keen to find out more about a course?
Thanks for your message or question.
I'll get back to your shortly. I look forward to chatting more with you.