ISO 31000 - Risk management Certification : Financial Management Certification Dubai UAE : Arab Institute for Accountants & Legal (AIAL)

Accounting Certifications

ISO 31000 : Risk Management Certification

Risks affecting organizations can have consequences in terms of economic performance and professional reputation, as well as environmental, safety and societal outcomes. Therefore, managing risk effectively helps organizations to perform well in an environment full of uncertainty.

Certification can be a useful tool to add credibility, by demonstrating that your product or service meets the expectations of your customers. For some industries, certification is a legal or contractual requirement

ISO 31000:2009

ISO 31000:2009, Risk management – Principles and guidelines, provides principles, framework and a process for managing risk. It can be used by any organization regardless of its size, activity or sector. Using ISO 31000 can help organizations increase the likelihood of achieving objectives, improve the identification of opportunities and threats and effectively allocate and use resources for risk treatment. However, ISO 31000 cannot be used for certification purposes, but does provide guidance for internal or external audit programs. Organizations using it can compare their risk management practices with an internationally recognized benchmark, providing sound principles for effective management and corporate governance.

Related Standards

A number of other standards also relate to risk management.

  • ISO Guide 73:2009, Risk management - Vocabulary complements ISO 31000 by providing a collection of terms and definitions relating to the management of risk.
  • ISO/IEC 31010:2009, Risk management – Risk assessment techniques focuses on risk assessment. Risk assessment helps decision makers understand the risks that could affect the achievement of objectives as well as the adequacy of the controls already in place. ISO/IEC 31010:2009 focuses on risk assessment concepts, processes and the selection of risk assessment techniques.

Certification Issued By:

IFIS logo International Financial Institution Society (IFIS - USA) IFIS is a global network of professional services organization providing Financial, Client Solutions, Assets Management and Accreditation services. We have 62,000 outstanding professionals working together to deliver value in 15 countries.

Membership By:

hacab logo HIGH AUTHORITY COUNCIL FOR ARAB BANKERS (HACAB) The council believes that the ideal platform for communication, networking, and information sharing, which gathers today under its umbrella, the elite Arabs working in the Arab World and internationally - has fostered mutual cooperation among its members and strived to serve their common interests and goals thus reinforcing the Arab Banking and finance industry. It further represents a main drive for synergizing Arab competencies

Eligibility:

You are qualified to take this certification if you have any of the below requirements:

  • Must have at least one year experience in related field
  • Bachelors or Masters Degree

Course Parts:

  • Using ISO 31000 standard to understand the approach, concept, methods and techniques to be followed for an efficient risk management strategy.
  • Understanding the inter-relationship between risk management procedure and compliance with requirements of all stakeholders in an organization keeping in mind the ISO 31000 standard.
  • To acquire a high level of proficiency and expertise to advise organizations on risk management best practices.
  • To Gain in-depth knowledge on implementing, maintaining and managing a risk management system.
  • Follow the ISO 27005 standard to understand the concept, methods, techniques and approach adopted for conducting risk management effectively.
  • Understand the correlation between information security risk management, requirements of various stakeholders and the security controls.
  • Acquire the ability to successfully deploy, execute, manage and maintain an information security risk management process in compliance
  • Gain the expertise to provide advisory services to organizations on risk management best practices.

How to Register?

  • Register Online or
  • Fill-up the registration form and visit the Institute, with the following requirements then pay the necessary fees.
    • passport copy
    • 1 copy of passport size photo
    • eligible certificate copy

Download Course Details

Download full details of this course.