Certification in Risk Management Assurance for BHBi Directors
Adding more competencies to the BHBi portfolio, BHBi Directors Mark Barnes & Paul Haley have both recently achieved the Certification in Risk Management Assurance CRMA, awarded by the Global body Institute of Internal Auditors (IIA).
BHBi's Managing Director Mark Barnes said, "The CRMA is a mark of professional distinction for internal audit practitioners. Earning the CRMA demonstrates our ability to provide assurance on core business processes in risk management and governance, educate management and the audit committee on risk and risk management concepts, and focus on strategic organisational risks."
"BHBi is committed to developing our key skills and providing leading edge consultancy support to clients. I am delighted that Paul Haley and myself have achieved this certification which shows our commitment to continual development."
Mark Barnes added, "BHBi will add value for your organization through better enabling you to understand risk, and make it more likely that you will achieve your objectives and goals."
This certification allows audit practitioners to demonstrate their ability to provide advice and assurance to audit committees and executive management on whether key risk management and governance processes in their organizations are in place and effective.
“Many believe inadequate risk management and weak governance were major factors in the corporate failures leading up to the recent world-wide financial crisis,” said Alan N. Siegfried CIA, CCSA, CFSA, CGAP — who is chairman of The IIA’s global exam development committee and Auditor General for the Inter-American Development Bank. “Events over the past decade such as financial scandals, new legislations, technological advancement, corporate global expansion, and economic fluctuations have prompted more involvement from internal auditing in risk management. Strong risk management is needed to ensure an organization’s long-term objectives are satisfied and the internal audit function can play a vital role in this process.”