Certified Internal Control and Risk Professional
Certified Internal Control And Risk Professional
Description
In today's dynamic business environment, the demand for qualified internal control professionals has never been greater. The CICRP (Certified Internal Control and Risk Professional) is the ideal entry point for professionals seeking to learn how to design, implement, and manage an internal control system aligned with organizational risks. The program is tailored to provide a well-rounded understanding of the strategic application of internal controls to mitigate risks and ensure operational efficiency. This program is meticulously crafted by industry experts and experienced professionals who are well-versed in internal control methodologies and best practices. Upon completion of the CICRP program, you'll be recognized as a certified professional in the field of internal control, with the skills and knowledge necessary to excel in your career.
Why Choose CICRP ?
Choosing the CICRP (Certified Internal Control and Risk Professional) means investing in a certification program that stands out for its relevance, rigor, and practical orientation. Here’s what makes it unique:
Unlike other certifications that treat internal control in isolation, CICRP clearly establishes the link between internal control and risk management, demonstrating that every control is a structured response to an identified risk.
The program is designed by professionals with hands-on experience in audit, risk management, and internal control. Each module is crafted to be directly applicable in real organizational contexts.
Grounded in the GECB Internal Control Framework (GECB-ICF) and aligned with international standards and best practices, CICRP takes your profile to the next level.
The program includes practical tools, public sector-specific examples, and case studies, ensuring immediate application of skills in real-world scenarios. It is ideal for current auditors as well as aspiring inspectors, controllers, or evaluators seeking a structured path into public audit.
What You Will Learn
Building an internal control system
Internal Control Roles and Responsibilities
Risk Assessment and Analysis
Implementing Internal Controls at all Levels
Monitoring and Reporting on Internal Control Systems
Why Get Certified ?
Earning the CICRP (Certified Internal Control and Risk Professional) certification is more than a credential—it’s a strategic career move and a value driver for your organization.
Internal Control Expertise
Career Advancement
Greater Earning Potential
Making a Difference
Eligibility Criteria
The CICRP (Certified Internal Control and Risk Professional) certification is open to professionals who want to develop or strengthen their skills in internal control. The eligibility requirements are as follows:
- Academic Qualification: Hold at least a Bachelor’s degree in management, finance, auditing, accounting, law, or a related field.
- Professional Experience: Minimum of 1 year of experience in audit, risk management and internal control, compliance, finance, or similar functions;
- Ethical Commitment: Candidates must commit to respecting professional standards and the GECB Code of Ethics.
Program Overview
The CICRP (Certified Internal Control and Risk Professional) program is structured into 7 comprehensive modules, covering the entire cycle of establishing and managing an effective internal control framework.
– Definition and importance of
internal control
– Components of internal control
– Objectives of internal control
– Framework and scope of internal control
– Limitations of internal control
– Control approaches and cycles
-Responsibilities of
the Board of Directors and Management
– First Line of Defense: Operations
– Second Line of Defense: Monitoring
– Third Line of Defense: Assurance
– Risk identification
– Risk severity assessment
– Risk prioritization
– Implementation of risk responses
– Building a strong
internal control environment
– Key attributes of a good control environment
– Objectives of environmental controls
– Implementing
process controls
– Implementing structural controls
– Implementing activity controls
– Implementing system controls
– Implementing transaction
processing controls
– System controls versus transaction processing controls
– Gaining control over the transaction process
– Monitoring internal
controls
– Cost-benefit analysis of controls
– Sensitivity analysis of controls
– Analysis of the relative importance of controls
– Internal control reporting and continuous improvement
Go Further with the CGFA
The CPSA is a is your strategic entry point into a high-impact career in public sector auditing. But, for certified professionals seeking to deepen their expertise — especially in the complex field of public financial auditing—GECB offers an advanced-level certification: the CGFA (Certified Government Finance Auditor).
This certification is designed to help public auditors:
- master the specific standards for financial audits within government entities;
- audit financial statements from public administrations, ministries, local authorities, or donor-funded projects;
- understand public accounting frameworks, fiscal transparency requirements, and reporting standards;
- strengthen their role as guardians of public financial accountability.
The CPSA lays the groundwork, but advancing to the CGFA means choosing to become a strategic player in public financial governance.
Certification Toolkit
299 USD
- A detailed manual covering both fundamental and advanced internal control principles, with step-by-step methodologies to design, implement, and monitor effective internal control systems aligned with the GECB-ICF.
- Unlimited access to over 1500 high-quality multiple-choice questions (MCQs), aligned with the 7 CICRP modules, to test your knowledge and build mastery.
- 24/7 access to the GECB online learning platform, allowing you to study anytime, anywhere. Track your progress, review as needed, and benefit from regular content updates.
- A secure, remotely proctored certification exam, available anytime, from the comfort of your home or office.
- An official and verifiable digital certificate issued upon passing, easily shareable on LinkedIn, your résumé, or with employers.
- 3-Year Certification Validity
- Your CICRP certification is valid for three (3) years, with unlimited renewals based on continuing education and GECB community membership.
What They Say About CICRP
