Course Introduction :
In today’s fast-paced business environment, governance, risk management, and compliance (GRC) have become essential frameworks for ensuring an organization’s resilience and success in an ever-evolving landscape. The B Certificate has been meticulously designed to equip professionals with the tools needed to embed GRC principles effectively at both strategic and operational levels. By integrating robust auditing practices that emphasize sustainability and regulatory compliance, organizations can drive meaningful performance improvements. Based on specialized professionals who are able to integrate the strategic framework of GRC triangle into the best practices of auditing.
Course Objectives:
By the end of this training course, participants will be able to:
- Develop a thorough understanding of GRC frameworks and learn how to integrate these principles into business operations effectively.
- Gain insights into cutting-edge approaches to elevate the GRC framework.
- gain innovative approaches to elevate standards in risk management and compliance.
- Implement best practices in auditing to drive performance improvements.
- Acquire the necessary skills to meet regulation requirements in risk mitigation and management.
- Prepare participants with the knowledge and confidence needed for the GRCA certification exam.
- Strengthening the ability to conduct effective internal audits and GRC assessments.
Who is this Training Course for?
- Executives and Board Members
- Internal Auditors
- Compliance Officers / Managers and their Deputies
- Governance Professionals
- Risk Managers
- GRCA Professionals
- Legal Professionals
- Regulatory Representatives
- Company Secretaries
- IT Professionals dealing with Governance, Risk Management and Compliance
- Managers responsible for governance, risk management and compliance activities
Organisational Impact
- More effective support for governance, risk management and compliance team
- Greater relevance and reliability of analyzing the regulatory bodies
- More strategic thinking and focus on performance
- More effective use of developing successful GRCA plan
- Preparation of staff for increased responsibility
- Supports risk and compliance officers through education
Personal Impact
- A better understanding of the context and importance of the G governance, risk management and compliance
- The best practices in avoiding situations that may make their company legally liable
- The tools to detect any violations of company policies
- Greater awareness of industry practices, problems and solutions
- Increased understanding and assurance to complete tasks successfully
- Increased self-confidence and motivation at work
- Greater job satisfaction in providing quality support to management
- Greater ability to supervise, develop and motivate colleagues
Course outline
Introduction to GRC (Governance, Risk, and Compliance)
- Overview of Governance, Risk, and Compliance (GRC); Importance of GRC in modern organizations.
- Key compenent
- Case studies on GRC success stories
Governance Principles and Frameworks
- Corporate governance structures, roles, and responsibilities; governance standards, establishing governance policies.
- Case studies and examples
Risk management framework
- identification, assessment, and prioritization risk; types of business risks.
- Methods of implementing and monitoring risk controls
- Advanced methods of risk management
- Practical exercise on risk assessment using real-world scenarios.
Compliance Management best practices
- compliance requirements, industry-specific frameworks for compliance.
- compliance standards
- Implementing and monitoring compliance programs
- Case study analysis
GRC framework integration and implications
- GRC Integration Benefits of integrating governance, risk, and compliance Strategies for effective GRC integration
- Case study analysis
Internal control framework
- Components of internal control system, strategic orientation, the responsibilities
- Building solid internal control system requirements
- Information and reporting flow
Advanced auditing practices and data analysis
- Data analysis and reporting
- Advanced data science and GRC
Sustainability and ESG (Environmental, Social, Governance)
- Reporting framework and standers
- Ensuring compliance with environmental regulations; verifying sustainability and ESG reports; promoting sustainable practices.
- Effective verification and auditing of ESG reports.
- Case studies.