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Certificate in Internal Controls and Risk Management
Enroll in the Certificate in Internal Controls and Risk Management and take your Risk Management Career to the next level!
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Course Description
In the ever-changing business environment, encountering risks is inevitable. The ability to manage these increasingly significant risks now represents the difference between a thriving organization and one that is struggling to deal with the challenges facing it.
To deal with these challenges requires extensive knowledge of Internal Control Systems and Risk Management.
Internal control systems help support management to achieve objectives, align the direction of the organization, and establish effective processes. Consequently, strengthening these allow for an organization’s success and survival. This course will help you building a strong internal control system or improving it to boost your organization’s success.
This Certificate Program is a Specialist training that offers four modules covering core concepts, principles, and practices related to internal controls structure developed and implemented in an organization. It also includes vital risk management concepts.
You will finish this Certificate Program with a sound overview of Internal Control Systems and Risk Management to evidence your knowledge.
What You Will Get From This Course
In-demand Skills
Gain the relevant knowledge to ensure that you are supporting your firm and progressing your career.
Career Credential
Get a certificate from the FCA Financial Crime Academy.
Flexibility
Study on-demand and at your own time and pace, regardless of where you are in the world with this flexible online course.
Global Community
Get access to our exclusive LinkedIn group with 1,500+ like-minded professionals and experts.
Course Material
Download supplementary course material such as the comprehensive course study guide.
Quiz Questions
Test your knowledge with multiple-choice questions and determine which skills you have mastered!
Course Overview
- Understand risk management and internal controls
- Identify different internal controls and their components
- Recognize what internal controls can and cannot do
- Understand the three lines of defense model
- Differentiate between entity-level controls and activity-level controls
- Learn how to build a framework for internal controls
- Understand costs and benefits of internal controls
- Learn how to identify, measure, and manage risks
- Learn about the risk management framework
- Professionals wanting to acquire and demonstrate specialized knowledge in risk management and internal controls
- Professionals wanting to increase their value through a better understanding of practical risk management methods such as internal controls
- Professionals wanting to build a comprehensive knowledge in risk management and internal controls
- Career starters and students wanting to get an edge in risk management, internal controls, and compliance overall
For participating in this Certificate Program, you will need an electronic device with online video-viewing capabilities (e.g., smartphone, tablet, laptop, desktop computer, etc.). You will need no previous knowledge in compliance or anti-financial crime, although this is helpful. A background in business, legal, or finance might also be beneficial but is not required.
This Certification Program is presented entirely online. Modules can be completed in your own time and at your own pace. This interactive, supportive teaching model is designed for busy professionals and results in unprecedented certification rates for Certification Programs.
Course Curriculum
- Introduction to the Program
- Introduction to This Module
- What Are Internal Controls?
- What Internal Controls Can And Cannot Do
- Components Of Internal Controls
- Internal Control Categories
- Internal Control Procedures
- Multiple Choice Quiz
- Introduction to This Module
- Organizational Hierarchy of Internal Controls
- Three Lines Of Defense Model
- Entity-Level Controls
- Activity-Level Controls
- Multiple Choice Quiz
- Introduction to This Module
- Key Considerations in Developing Internal Controls
- Benefits and Costs of Internal Controls
- Compliance Requirements
- Performing a Regulatory Compliance Risk Assessment
- Multiple Choice Quiz
- Introduction to This Module
- Risk Identification
- Risk Assessment
- Performing Risk Assessments and Risk Reviews
- Risk-Management Framework
- Multiple Choice Quiz
- Final Assessment
- Completing the Program
What our students are saying
Frequently Asked Questions
All of our certification programs are open to students and professionals in various industries and levels of experience. Our curriculum is designed to teach what you need to know from basic fundamentals to advanced practical case studies. To take the courses and complete the exercises, students will only need access to a PC and/or Mac, a smartphone or table, and a stable internet connection.
Absolutely! All the files (including study guide, audiobook, course slides, etc.) in a course are available for download. Just look for a module that shows the files within a course.
You will have yearly access to the courses as long as you maintain an active subscription. All the courses are self-paced as well so you can take your time in learning without worrying about any deadlines.
Yes, FCA is accredited by the CPD Standards Office® (CPD) to maintain training standards.
None! The bundle price includes everything and there are no additional fees or charges to earn your digital certification.
All our online courses are priced in USD. As this is a recurring payment, we accept all major credit and debit cards including Visa, MasterCard, and American Express.
Students must complete all the video lessons, quizzes, and final assessments in each course. You can retake the assessments as many times as necessary until you reach an 60% passing grade.
Students are required to complete an online assessment (mostly multiple choice questions) at the end of each course. You can take the exams on your own schedule and will need to earn at least 60% to pass the course and earn your certificate of course completion. Please note that course exams can be repeated as many times as you need.
While the courses are designed mainly for self-study, we are happy to provide email assistance for general or technical support inquiries.
Based on hundreds of reviews from thousands of students we know how the Financial Crime Academy’s courses have helped so many people advance their anti-financial crime, compliance, and risk management careers. Our courses are designed to teach in-demand skills and relevant background knowledge of subject matter expertise needed in practice.
Email us and we'll be happy to answer any of your questions.
5 Learning Hours
Downloadable Resources
Access on Mobile and TV
Certificate of Completion
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Interested in Group Training?
Empower your teams with the leading anti-financial crime, compliance, and risk management training and certifications.
5 Learning Hours
Downloadable Resources
Access on Mobile and TV
Certificate of Completion
Share
Interested in Group Training?
Empower your teams with the leading anti-financial crime, compliance, and risk management training and certifications.
Learn In-Demand Skills with On-Demand Courses
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