If risk management is among your job responsibilities, IMA? (Institute of Management Accountants) has news for you: COSO, the Committee of Sponsoring Organizations of the Treadway Commission, introduced a new ERM Certificate Program in a convenient self-study format. The program teaches the concepts and principles of the newly updated Enterprise Risk Management?Integrating with Strategy and Performance and how to integrate them into your strategy-setting process to drive business performance.

Consisting of seven online modules, the self-study program allows users to complete the course at their own pace. Upon successful completion of the course and an online exam, candidates receive an official COSO ERM Framework Certificate and a Digital Badge. The certificate recognizes overall comprehension of the principles involved in applying the integration of ERM with strategy and performance. Successful candidates also earn 13.5 NASBA CPE credits.

Updated in September 2017, Enterprise Risk Management?Integrating with Strategy and Performance is one of the most widely recognized and applied risk management frameworks in the world. Key learning objectives of the course include analyzing the value of ERM when setting and carrying out strategy and objectives; applying the integration of ERM with strategy and performance; and applying ERM concepts under many different circumstances.

In announcing the new certificate program, Paul Sobel, COSO chair, said, "The complexity of enterprise risk has changed, new risks have emerged, and managing it has become everyone?s responsibility. By offering a unique opportunity to develop expertise in enterprise risk management through a blend of self-paced learning, the certificate is ideal for professionals who want to take control of their risk management strategy.?

A live-workshop version of this certificate program is expected to be available in Fall 2018. Please visit our website and click the ?reserve my seat? button to be included in IMA announcements of all upcoming COSO ERM and Internal Control workshops in your area.

IMA is one of five founding sponsoring organizations of COSO, a voluntary private sector organization formed in 1985 and dedicated to improving organizational performance and governance through effective internal control, enterprise risk management and fraud deterrence. Other founding sponsors are: the American Accounting Association (AAA), the American Institute of Certified Public Accountants (AICPA), Financial Executives International (FEI), and The Institute of Internal Auditors (IIA). For more information, visit https://www.coso.org/.

For more information please visit COSO ERM Certificate on the IMA website.