Diploma in Risk Management, Internal Audit and Compliance

This programme provides context, best practice frameworks and practical tools to operate at the highest levels in Risk Management, Internal Audit and Compliance in the corporate environment.

Background to the programme

The emphasis on the areas of risk management, regulation and compliance has exploded since the recent financial crisis. This has put a significant burden on both organisations and their employees.  The rapid rate of change meant that the critical task of staying current and informed is challenging. With this in mind, we developed this new programme.

A risk management and regulatory revolution is transforming our world; the emergence of new risks and regulation are shaping our organisations at lightning speed and is making our prior experiences and knowledge redundant. Expectations from investors, shareholders, regulators and board members are growing in relation to risk awareness, management, assessment alongside compliance requirements are becoming mandatory. Our skills are tested at every turn. As a result, we developed this programme to allow you operate with influence at a business leader level in your organisation.

Who is it for?

The programme is for people who work, or want to work in a professional capacity in risk management, internal audit or compliance roles. We will teach you how to communicate effectively and influence on risk management, internal audit, governance and regulatory compliance operations.

It is designed for both interactive classroom learning and distance learning, with a self-contained manual, reference materials and online study guide sessions.

Putting your skills into practice

Risk overarches everything in a business and once the core ideas are understood at all levels of responsibility, good risk management can be applied to any type of risk in any sector, from health to pharma to financial services. Risk management theory does not change, it’s about knowing the risk you are taking, and good decision making.

It has implications for strategic and business planning, audit and assurance arrangements and the management and control of activities. Risk management should be a regular senior management team agenda item as well as a frequently discussed issue for Audit Committees, Boards and Governing Bodies.

Flexible learning options - classroom and distance

This six-module diploma will be offered by both blended (classroom) and distance learning. You can study the programme anywhere in the world. Those taking the classroom route will attend for one-weekend session (over the course of Friday and Saturday) per module, typically once per month.

Entry requirements and our awards

The programme is designed for qualified accountants and other professionals with relevant qualifications. 

Chartered Accountants Ireland is one of a small number of professional bodies with statutory awarding powers under Irish and UK law conferring the power to make awards including Diplomas and Certificates. The Chartered Accountant qualification (ACA) is aligned against the Irish National Framework of Qualifications (NFQ) at a level 9.

Our specialist qualifications are designed to meet a special professional purpose and build upon this knowledge in their specific fields. Awards are made depending on the programme and the participant background by either Chartered Accountants Ireland or our Executive Education subsidiary.

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