The LICQual ISO 31000:2018 Risk Management Internal Auditor course is designed for professionals aiming to gain in-depth knowledge and skills in risk management auditing. Based on the internationally recognised ISO 31000:2018 standard, this programme equips learners with the capability to evaluate, audit, and enhance risk management frameworks within organisations. It is tailored to develop competent internal auditors capable of applying ISO risk management principles across various sectors.
This course offers a comprehensive understanding of the ISO 31000:2018 risk management guidelines, focusing on the systematic process of risk identification, assessment, evaluation, and treatment. It bridges the gap between theoretical principles and practical implementation through a structured audit approach. The training places emphasis on internal auditing techniques, evidence gathering, audit reporting, and continuous improvement, all within the scope of effective risk governance and compliance.
Graduates of the LICQual ISO 31000:2018 Risk Management Internal Auditor course can progress to advanced qualifications in governance, risk, and compliance. Potential future pathways include ISO 31000 Lead Auditor certification, ISO 27001 Information Security Auditor, or integrated management system auditing roles. This course also lays a strong foundation for strategic roles in corporate risk, business continuity, and enterprise risk management.
All About LICQual ISO 31000:2018 Risk Management Internal Auditor
Course Overview
The LICQual ISO 31000:2018 Risk Management Internal Auditor course provides a structured approach to understanding and implementing effective risk management systems based on the ISO 31000:2018 international standard. This course is designed to equip professionals with the practical skills and theoretical knowledge required to carry out internal audits focused on risk management processes within various organisational contexts.
Learners will gain a clear understanding of the risk management framework, principles, and processes outlined in ISO 31000:2018. Through a combination of theoretical instruction and practical auditing exercises, participants will be able to assess existing risk management strategies, identify gaps, and recommend improvements aligned with international best practices.
This training also covers essential audit techniques, including planning, conducting, reporting, and following up on internal audits. By completing this course, professionals enhance their ability to support organisational resilience, regulatory compliance, and continuous improvement through risk-based internal auditing.
Study Units
- Introduction to ISO 31000:2018 and Risk Management Framework
- Risk Management Principles and Governance
- Risk Assessment Process: Identification, Evaluation, and Assessment
- Risk Treatment and Mitigation Strategies
- Risk Monitoring, Reporting, and Continuous Improvement
- ISO 31000:2018 Internal Auditing and Certification Process
Minimum Age:
Applicants must be at least 18 years of age at the time of enrolment.
Educational Background:
A minimum of a secondary school qualification (equivalent to Level 2 or above) is required. A higher-level qualification in business, management, or a related field is advantageous but not mandatory.
Work Experience:
While prior work experience in risk management, auditing, or compliance is not compulsory, it is recommended. Professionals with a background in quality assurance, internal auditing, or operational management will benefit most from the course.
Language Proficiency:
Learners must possess a good command of the English language, both written and spoken, as the course materials, assessments, and instruction are delivered in English. Proficiency equivalent to IELTS 5.5 or CEFR level B2 is advisable for non-native English speakers.
This course is ideally suited for professionals and individuals who are involved in or aspire to work in the field of risk management and internal auditing. It is particularly beneficial for:
- Internal auditors seeking to specialise in ISO 31000:2018 risk management standards
- Risk managers and risk officers aiming to strengthen their auditing capabilities
- Compliance and governance professionals responsible for regulatory adherence
- Quality assurance and control personnel involved in risk-based decision making
- Consultants providing risk management or internal audit services to organisations
- Managers and supervisors responsible for enterprise-wide risk assessments
- Individuals preparing for a career transition into auditing or risk management roles
- Professionals looking to enhance their credentials with an internationally recognised certification
Learning Outcomes
Introduction to ISO 31000:2018 and Risk Management Framework
- Understand the structure, scope, and key concepts of ISO 31000:2018
- Recognise the purpose and benefits of implementing a risk management framework
- Identify the components and integration of a risk management system within an organisation
Risk Management Principles and Governance
- Explain the core principles that guide effective risk management practices
- Understand the role of leadership and governance in risk management implementation
- Assess the alignment of risk management objectives with organisational strategy
Risk Assessment Process: Identification, Evaluation, and Assessment
- Apply techniques for systematic risk identification across various functions
- Evaluate risks based on likelihood and impact
- Prioritise risks through structured analysis to support informed decision-making
Risk Treatment and Mitigation Strategies
- Develop appropriate strategies to treat or mitigate identified risks
- Implement control measures aligned with risk appetite and tolerance
- Assess the effectiveness of treatment plans in reducing risk exposure
Risk Monitoring, Reporting, and Continuous Improvement
- Monitor risks and control measures to ensure ongoing effectiveness
- Prepare and communicate risk reports for internal and external stakeholders
- Support continuous improvement through regular review and feedback mechanisms
ISO 31000:2018 Internal Auditing and Certification Process
- Understand the internal audit process as it applies to ISO 31000:2018
- Plan, conduct, and report internal audits focused on risk management systems
- Identify the steps towards certification and the auditor’s role in maintaining compliance
FAQs LICQual ISO 31000:2018 Risk Management Internal Auditor
