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Prague

Executive Program in Governance, Risk, and Compliance (GRC)

ID  967

Finance and Accounting Training Courses

Course : Executive Program in Governance, Risk, and Compliance (GRC)

Prague

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Hotel Meeting Room

28 Apr 2025 : 09 May  2025

50 Hours

7950 USD

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Training Course Introduction

In light of the increasing challenges faced by organizations across various sectors, sound Governance, Risk Management, and Compliance (GRC) practices have become essential pillars for ensuring business sustainability and strengthening trust among investors and stakeholders. This specialized course provides participants with a comprehensive framework to understand the latest practices and standards in governance, risk management, and compliance. It enables them to make strategic decisions that support organizational goals and minimize potential risks.

General Objective 

This course aims to equip participants with the knowledge and skills necessary to develop and implement integrated GRC strategies aligned with global best practices. The ultimate goal is to ensure legal and regulatory compliance, enhance operational efficiency, and build institutional trust.

Course Objectives

  • Understand the fundamentals of GRC and the interrelation between governance, risk, and compliance in today’s business environment.
  • Analyze and assess risks using advanced risk management tools and techniques.
  • Design and implement corporate governance frameworks in accordance with international standards such as COSO, ISO 31000, and OECD principles.
  • Achieve regulatory compliance in line with legal requirements and global standards (e.g., SOX, GDPR, IFRS).
  • Develop internal audit and control systems to ensure compliance and mitigate risks.
  • Promote ethics, transparency, and integrity as core elements of governance frameworks.
  • Utilize technology and digital transformation in GRC (e.g., e-governance and digital compliance management).
  • Apply best practices in anti-corruption and fraud prevention within organizations.
  • Analyze real-world case studies of successful GRC implementation in global institutions.
  • Develop effective strategies for crisis and emergency management to ensure business continuity.

Target Audience

  • Board Members
  • Executive Directors, Risk and Compliance Managers
  • Internal Auditors and Review Officers
  • Legal Advisors and Compliance Officers
  • Governance and Strategy Managers
  • Financial and Banking Sector Compliance Officials
  • Professionals responsible for regulatory compliance within organizations

Course Outline

Day 1: Introduction to GRC – Philosophy and Importance

  • Definition of Governance, Risk Management, and Compliance (GRC)
  • Importance of GRC in modern organizations
  • The interaction between governance, risk, and compliance
  • International standards and regulations affecting GRC

Day 2: Corporate Governance Frameworks

  • Concept of governance and its role in sustainability
  • Roles and responsibilities of the Board and Executive Management
  • Governance standards and frameworks (OECD, COSO, IFC)
  • Impact of good governance on financial and operational performance

Day 3: Enterprise Risk Management (ERM)

  • Understanding risk and its importance
  • Identifying types of risks (operational, financial, legal, strategic)
  • ISO 31000 framework for risk management
  • Risk assessment and response techniques

Day 4: Regulatory Compliance and International Standards

  • The role of compliance in the modern business environment
  • Laws and regulatory frameworks (GDPR, SOX, IFRS)
  • Building and implementing effective compliance programs
  • Leveraging technology to enhance compliance

Day 5: Internal Control and Audit Systems

  • Importance of internal control systems
  • COSO Framework for building robust controls
  • Internal audit roles and responsibilities
  • Using data analytics in auditing and control processes

Day 6: Anti-Corruption and Fraud Prevention

  • Understanding corruption and its various forms
  • Anti-corruption standards (ISO 37001, FCPA, UK Bribery Act)
  • Developing strategies to prevent fraud and bribery
  • Role of technology in fraud detection

Day 7: Role of Technology and Digital Transformation in GRC

  • Digital transformation and its impact on GRC
  • Technology solutions for managing compliance and risk
  • Cybersecurity and its role in compliance and data governance
  • Case studies on technology integration in GRC

Day 8: Business Continuity and Crisis Management

  • Concept and importance of business continuity
  • Crisis management strategies based on ISO 22301
  • Role of governance in crisis response
  • Case studies of crisis management in major organizations

Day 9: Practical Application of GRC Systems

  • Review of success and failure cases in GRC implementation
  • How to design a comprehensive GRC strategy for a real organization
  • Practical exercise: Developing a GRC plan for a sample institution

Day 10: Developing Integrated GRC Strategies

  • Designing a customized governance framework
  • Aligning risk management with strategic goals
  • Integrating compliance into operational processes
  • Regulatory gap analysis and identifying improvement areas
  • Performance evaluation and continuous GRC improvement
  • Key Performance Indicators (KPIs) in GRC
  • Final workshop and recommendations presentation

Day 1 - Asset Cost Management Introduction

Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.

Day 2 - Laying the Groundwork

Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.

Day 3 - Applying the Value based Process

Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.

Day 4 - Ensuring the Continuity of the Value-based Process

Maintenance & Reliability Best Practices are critical for every successful individual and company. This workshop delivers many practical and new Maintenance and Reliability Best Practices concepts and tools. You will discuss these concepts and practice using practical tools in case studies and discussion groups. The costs associated with equipment downtime and reduced production can be significant. Learning how to effectively manage all aspects of your industrial facility is a must.This workshop is a combination of instructor lead topic areas and class discussions. Interactive discussions will allow you to hear and learn best in class applications relating to maintenance planning and cost management strategies. You will have the opportunity to ask lots of questions in order to consider how best to apply these tools and techniques in your organization.

The European Quality of Training and Management Consulting relies on advanced methodology in developing skills and enhancing the effectiveness of human resources. The company adopts modern methods to achieve these goals. In order to achieve its objectives, European Quality follows the following steps in a precise and professional manner:

  • Lectures and Visual Presentations:
    • Theoretical lectures are presented through PowerPoint presentations, videos, and short films, providing a comprehensive and enjoyable learning experience.
  • Scientific Assessment:
    • Trainees are thoroughly assessed before and after the training program to ensure the desired objectives are achieved and to provide necessary guidance.
  • Brainstorming and Role-playing:
    • Innovation and problem-solving are encouraged through brainstorming sessions and role playing experiences.
  • Practical Cases:
    • Practical learning is emphasized through cases relevant to the subject matter and the nature of work for the trainees, contributing to the development of practical skills.
  • Final Evaluation and Certificates:
    • A comprehensive assessment is conducted at the end of the program. Trainees are awarded attendance and participation certificates recognized by the European Quality Training and Management Consultancy , provided they have completed at least 80% of the program days.
  • Training Materials:
    • Professional trainers and experts in various fields create scientific and practical training materials, which are printed and retained, and distributed on CD or flash drives to ensure easy access to the content.
  • Post-Training Follow-up:
    • European Quality Training and Management Consultancy provides continuous support after the training program. This support includes additional consultancy sessions or workshops to ensure the continuity of learning and the application of acquired skills in the working environment.
  • Customized Training Programs:
    • Training programs are designed to meet the needs of individual companies and institutions. Client needs are carefully analyzed to ensure that the training content aligns with their specific objectives and achieves the desired impact.
  • Utilizing Technology:
    • Training incorporates modern techniques such as online platforms and distance learning to provide flexible and effective learning experiences. Participants can access educational resources online and engage in discussions and online workshops.
  • Specialized Trainers:
    • Trainers and lecturers are carefully selected to ensure they have high expertise in their fields. Experience and professionalism are added to the training to ensure the delivery of high-quality content and effective learning experiences.
  • Encouraging Participation:
    • European Quality Training and Management Consultancy encourages active participation and interaction during training sessions. Interactive activities such as group discussions and collective exercises are organized to stimulate effective participation in the learning process.
  • Focus on Personal Transformation:
    • Participants are encouraged to think critically and develop problem-solving skills and decision making abilities. They are guided towards achieving personal and professional transformation, leading to improved performance in their work areas.
  • Continuous Assessment:
    • Continuous assessments are provided to evaluate participants performance and their understanding of the training materials. This assessment is used to modify the training program if necessary and ensure the desired results are achieved.
  • Terms and Conditions:
    • Terms and conditions apply to all training programs. It is assumed that registering for any training program implies the participants agreement to these terms, including registration, payment, and cancellation policies.
  • Prices and Discounts:
    • It is noted that the prices displayed on the website do not include a 5% value added tax. All prices are subject to discounts according to the companys policies.

European Quality Training and Management Consultancy of Training and Management Consulting reserves the right to change the location of the training program, change the accredited lecturers for program delivery, hold, or cancel the program in line with the companys vision and program conditions and our quality policy.

European Quality Training and Management Consultancy is certified

ISO 9001-2015

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28 Apr 2025   :  09 May 2025
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