Certification in Risk Management Assurance (IIA)
IIA’s CRMA specialises audit on risk management (ERM, COSO ERM 2017, Three Lines Model). Single 10-week exam path.
A centralized document listing all identified risks of an organization.
The risk register is the central tool of risk management. It records each risk with: description, category, likelihood, impact, gross score (inherent risk), existing controls, net score (residual risk), owner, and action plan. It is continuously updated and regularly presented to the risk committee and board of directors. A mature risk register also links each risk to the organization's strategic objectives and associated KRIs for proactive monitoring.
These certifications cover the concept of "Risk Register" in depth.
IIA’s CRMA specialises audit on risk management (ERM, COSO ERM 2017, Three Lines Model). Single 10-week exam path.
The IIA CIA certification covers this concept in Part 1 (framework, IPPF) and Part 2 (audit practice). 60+ lessons and 1,258 original questions.