Online Courses
RIMS Online Courses conveniently bridge the distance gap in era of widespread digital communication. Courses incorporate various mediums, case studies, demos, practical exercises and articles. They make education accessible and allow you to manage your learning experience with your schedule.
The online courses incorporate various elements such as audio, animations, and simulations, as well as PDFs, exercises and assessments.
The material is presented in manageable segments called modules. Unlike the traditional classroom, online learning allows for self-directed learning; in other words, you can choose to go through the course from the beginning to the end (linear) or you can take the course by completing only those modules that are of the most interests to you (non-linear). The online courses range between 10-30 hours in duration. All courses are available for six months after purchase.
Courses Offered by RIMS
Courses Offered in Partnership with IIA
Assessing Cybersecurity Risks: The Three Lines Model
With the frequency and severity of cyberattacks on the rise, there is a significant need for improved cybersecurity risk management. Cybersecurity concerns have a tremendous impact on overall organizational strategy and must be considered holistically and systemically.
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Assessing Fraud Risk
As fraud risks and fraudulent activities continue to play a role in an organization’s overall financial and reputational stability, the recognition of current trends in fraudulent acts will grant internal auditors the advantage of fostering detective and preventive measures to safeguard the integrity of a business, its shareholders, products, services, and workforce.
Auditing IT Change Management
IT change management refers to the process in which an organization’s technology changes; the effects that the changes have on systems, programs, or applications; and how the changes are managed. Change management in the IT environment is critical for organizational success.
Auditing Market Risk
Market risk is a key risk for financial services organizations. Regulators and their supervisors focus on this risk, emphasizing the necessity of having accurate models that can measure the capital impact of market activities on the financial viability of the institution. Regulatory requirements and supervisors’ expanded expectations are giving internal audit a more relevant and active role in the assessment of market risk.
Auditing Model Risk Management
Organizations across various sectors of the economy recognize the benefit of utilizing mathematical models to validate decisions. With large amounts of data coming from a myriad of dynamic sources, organizations need to develop models to review, evaluate, validate, and transform data with the purpose of optimizing strategic forecasting and tactical actions.
Auditing the Cybersecurity Program Certificate
Organizations across various sectors of the economy recognize the benefit of utilizing mathematical models to validate decisions. With large amounts of data coming from a myriad of dynamic sources, organizations need to develop models to review, evaluate, validate, and transform data with the purpose of optimizing strategic forecasting and tactical actions.
Auditing Third-Party Risks
Using third parties invariably presents a variety of risks for organizations, including strategic, reputational, regulatory, operational, financial, transactional, security, compliance, and other risks. However, when utilized effectively, third parties can also provide tremendous value.
Auditing Third-Party Risk - IT
As organizations further their reliance on third party service providers, regulatory bodies around the world have increased their level of scrutiny regarding third party provider’s abilities to properly protect sensitive and internally used data and information assets. Today’s organizations are expected to demonstrate strong, third-party governance and risk management.
ChatGPT & Internal Audit: Governance of the Utilization of Generative AI
ChatGPT launched as a prototype on November 30, 2022, and garnered attention for its detailed responses and articulate answers across many domains of knowledge. However, ChatGPT is not the first generative AI, nor will it likely be the last. Over two billion dollars have already been invested in generative artificial intelligence, a rise of 425 percent since 2020.
Ethics Essentials Bundle
The IIA’s Code of Ethics includes two essential components: The Principles and the Rules of Conduct. The principles — which internal auditors are expected to apply and uphold — are relevant to the profession and practice of internal auditing. The rules of conduct describe behavior expected of internal auditors.Learn More
Exploring Corrective Controls
In a perfect world, processes, systems, and infrastructure never fail; however, a host of natural and human actions cause disruption to critical business processes. Maintaining a solid operational resiliency program aides organizations in combating disruptions.Learn More
Governance of Enterprise IT
The governance of enterprise IT plays a critical role in the effectiveness of IT operations. Without strong governance, IT management may not have the necessary direction to achieve their stated objective. It is important for organizations to take a strategic approach to implementing IT governance.Learn More
Introduction to Critical Thinking
Critical thinking can be thought of as an art that is woven throughout the key elements of the audit process, including risk assessments, interviewing, testing and analysis, process documentation, and reporting. Effective critical thinking involves collecting and analyzing information, drawing compelling conclusions, and providing recommendations.Learn More
Managing Geopolitical Risk and Uncertainty
The definition of what we view as Geopolitical Risks has increased significantly in the past 50-100 years. Information technology interconnected global economy, our understanding of climate change, global pandemic, internal and global political shifts – all lead to an increasing set of risks impacting a business.Learn More
Liquidity Risk Management
Liquidity is a measure of the ability and ease with which assets can be converted to cash. To remain viable, a financial institution must have enough liquid assets to meet its near-term obligations. Internal audit plays a vital role in ensuring compliance with the Basel III regulatory framework, which was adopted by the Federal Reserve to ensure adequate capital in the banking system.Learn More
Logical Security: Application, Database, and Operating System Layers
A well-developed and implemented logical security management program is essential for most business processes and ensures logical data and information assets are properly protected from inappropriate access and unapproved data exfiltration. Internal auditors need a basic understanding of logical security. Learn More
IT Essentials - Introduction to IT
Technology is an integral part of every organization and underpins almost every piece of data, and every transaction, calculation, and process or business activity. Internal audit activities must be prepared to assess the increased complexities within processes that heavily rely on technology. But where does the operational internal auditor begin? Learn More
Managing People Risk with Behavioral Science
When we think of the enterprise risks, we often think of external and internal factors, competitors and vendors, policies, and processes. When we develop our risk mitigation strategies, policies, processes, and procedures, we often assume that people will support, adopt, and execute these policies – they will read, get training, and follow them. We all know better… Learn More
Physical and Environmental Controls
Physical and environmental controls provide the foundation for an effective suite of controls to protect data and information, hardware, and human resource assets. Physical security controls protect assets from inappropriate physical access, theft, or vandalism, while environmental security controls protect assets from accidental, intentional, and natural events, including fire and water damage or power disruption. Learn More
Risk, Fraud, and Illegal Acts
For organizations that seek to maintain successful pathways towards consistent revenue, sustainability, reputational stability, and risk mitigation efforts, the topic of fraud prevention must be front and center in the minds of management.
In its 2020 Report to the Nations, the Association of Certified Fraud Examiners (ACFE) estimated close to $3.6 billion in losses attributed to fraud cases globally, which emphasizes the need to implement stark assessments to curtail opportunities for fraud.
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Root Cause Analysis Tools and Techniques
Root cause analysis (RCA) is a technique for finding the core causes for problems an organization may face. Auditors can use a variety of identification and measurement tools for determining the root cause of the issues they analyze.
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The Role of Internal Audit in Insurance Organizations
The insurance industry, which includes complex products such as property and casualty insurance, life insurance, health insurance, and variable annuities, is part of the larger financial services industry. While the two industries share some common characteristics, insurance organizations also face unique governance, risk management, and control issues.
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