Length – Three Days
CERM – ER Learning Objectives
This course will enable attendees to understand:
- Common risk concepts and develop an ERM vocabulary
- How to assess risks
- How organization determine risk appetite
- How to prioritize and prepare risk response (treatment) strategies to mitigate and manage organizational or business unit risk
- How to design, monitor, evaluate, and test the effectiveness of a system of internal controls
- Determining audit scope and documenting the elements of findings using principles of ERM
- Determining risk in audits
CERM – ER Course Modules
- Context (Risk)
- Internal Environment
- Objective Setting
- Risk/Event Identification
- Risk Assessment
- Risk Response
- Control Activities
- Information & Communication
- Monitoring
- Value Added Auditing™ (GAGAS) Sections
Planning
Fieldwork
Reporting - CERM Exam