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Compliance Audit & Risk Management Overview

Organisations have a growing need to negotiate complex regulatory frameworks and avoid numerous risks in today's quickly changing business environment. The Compliance Audit & Risk Management 2023 course addresses these issues by giving professionals looking to thrive in compliance and risk management in-depth knowledge and useful skills. Participants will be well-equipped to support the growth of their organisations and satisfy industry needs by grasping the principles of compliance audit and risk management. This course is in line with broader industry trends that place a strong emphasis on ensuring regulatory compliance and actively managing risks. Organizations want qualified personnel who can efficiently conduct compliance audits and implement effective risk management strategies as rules become more complex and strict. Participants in this course can take advantage of new chances in compliance and risk management positions, which are in high demand across industries, by enrolling in it. Key Features of the Compliance Audit & Risk Management Course : Our trusted, high quality and affordable Compliance Audit & Risk Management course trains individuals to become experts in their field.

• Accredited by CPD
• Instant e-certificate and hard copy dispatch by next working day
• Fully online, interactive course with audio voiceover
• Developed by qualified professionals

• Self-paced learning and laptop, tablet, smartphone-friendly
• 24/7 Learning Assistance
• Discounts on bulk purchases

Sneak Peek of Compliance Audit & Risk Management

Who should take the course

Anyone with a knack for learning new skills can take this Compliance Audit & Risk Management course. While this comprehensive training is popular for preparing people for job opportunities in the relevant fields, it also helps to advance your career for promotions.

Accreditation

All of our courses, including this Compliance Audit & Risk Management course, are fully accredited, providing you with up-to-date skills and knowledge and helping you to become more competent and effective in your chosen field.

Certification

Once you’ve successfully completed your Compliance Audit & Risk Management course, you will immediately be sent a digital certificate. Also, you can have your printed certificate delivered by post (shipping cost £3.99). Our certifications have no expiry dates, although we do recommend that you renew them every 12 months.

Learning Outcomes

By the end of the course, learners will be able to:

• Discuss the role & responsibilities of the compliance department in detail
• Identify the five basic elements of compliance, auditing and development
• Implement and monitor a Compliance Management System in the workplace
• Understand the compliance audit process and how to identify audit risk
• Demonstrate knowledge of the difference between ethics and compliance
• Explain the nature, different types and classifications of risks
• Design an effective risk management strategy for their organisation
• Identify, analyse, monitor, review and treat risks in compliance

Assessment

At the end of the course, there will be an online assessment, which you will need to pass to complete the course. Answers are marked instantly and automatically, allowing you to know straight away whether you have passed. If you haven’t, there’s no limit on the number of times you can take the final exam. All this is included in the one-time fee you paid for the course itself.

Course Curriculum

Module 1: Introduction to Compliance In module one, we will gain an in-depth understanding of what compliance is, taking a look at the benefits of compliance and the role and responsibilities of the compliance department. Module 2: Five basic elements of compliance In module two, we will explore policy and code of conduct in compliance, learning about the structure of the compliance organisation and key compliance processes. It includes training on how to implement an effective compliance audit process. Module 3: Compliance Management System (CMS) In module three, we’ll learn how to implement and monitor a Compliance Management System in the workplace, with step-by-step training. It discusses the key elements of CMS, the role of the compliance committee and compliance officer, and compliance programs. Module 4: Compliance Audit In module four, we will learn about compliance auditing within a public sector context, exploring the principles and elements of compliance auditing. It covers key topics such as the compliance audit process, quality control, audit risk, and audit team management. Module 5: Compliance and Ethics In module five, we will explore the conceptual differences between ethics and compliance, taking a look at the responsibilities of ethics and compliance practitioners, as well as shared challenges, values and rules. Module 6: Risk and Types of Risk In module six, we will learn what constitutes risk in compliance and risk management, exploring the classifications, types and nature of risk, from pure risk to financial risk. Module 7: Introduction to Risk Management In module seven, we will deepen our understanding of how to manage risk, learning about the standards and principles of risk management, as well as the history of risk management and its concepts. Module 8: Risk Management Process In this final module, we will fully familiarise with the risk management process and framework, with training on how to identify, analyse, evaluate, monitor, review and treat risk.