Governance, Risk & Compliance (GRC) Master Class

Trainings

Governance, Risk & Compliance (GRC)

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Course Overview

  • Audit
  • 4 Days
  • EGP 3000
  • Intermediate

This four-day, course will give participants a detailed overview of the strategic role and intersections of Governance, Risk & Compliance for organizations in today’s rapidly evolving business environment. The program will provide a detailed look and analysis of global changes and how you need to work to develop robust governance, risk and compliance practices and procedures within your organization.

The content is designed to provide a blueprint for senior leaders and practitioners, who will already have a detailed understanding of core governance, risk and compliance principles and broader trends.

We will analyze and assess the benefits of using advanced technology in Governance, Risk & Compliance environments, and the essential human elements required for appropriate planning and execution.

GRC Master Class

KEY TAKEAWAYS

Analyze core elements of the Three Lines of Defense (3LoD), as well as the various intersections between Governance, Risk, Compliance (GRC).
Learn how to design, develop, and build a leading and effective governance, risk & compliance (GRC) framework, with appropriate policies, procedures, and resources in place.
How to explain the benefits of an integrated GRC framework to management and the board of directors.
Build skills to demonstrate core GRC leadership and enable business growth.
Implement effective, efficient and strategic GRC processes.
Ability to identify and respond to opportunities more quickly.
COSO INTERNAL CONTROL FRAMEWORK

TRAINING METHODOLGY

Professional facilitators carry out our training with well-developed group and classroom management skills in a noncritical environment, which encourages individuals to practice skills that are being taught. We do not sit individuals down and talk through a stack of PowerPoint slides; we engage them and discuss core ideas and concepts to bring their ideas and energy out, cementing the regulatory and commercial principles we are promoting in their mind. We do not focus on an unattainable set of KPIs, but rather achievable principles that can be readily utilized, adapted, and developed in an everyday working environment.

Discussion points and simulations, aligned with a structured training plan and real-life scenarios, allow individuals to develop the skills necessary for success. Handbooks will be used, but individuals are encouraged to make use of the sessions to take their own notes, practicing the vital audio, visual and kinesthetic skills which are vital in their role, learning how to process and store information which the will later be required to recall.

WHO SHOULD ATTEND?
GRC Professionals.
Governance Officers.
Risk Officers.
Compliance Officers.
Internal Auditors.
External Auditors.
Managers responsible for GRC activities.
Internal Control Officers.
Senior Managers & Chief Officers.
Directors & Board Members.
Governance, Risk & Compliance (GRC) Master Class

COURSE CONTENT

- Governance definitions.
- Importance of governance.
- Top trends in governance.
- Risk definitions.
- Risk culture.
- Top business risks and opportunities.
- Compliance definitions.
- Top trends in compliance.
- Pillars of an effective compliance program.
- Multiple definitions in the market.
- What GRC is and what it is not.
- GRC stakeholders needs.
- Enterprise governance.
- Internal control framework.
- Enterprise risk management.
- Compliance framework.
- GRC implementation program.
- Enterprise assurance.
- Corporate governance and business governance.
- Board of directors’ roles and responsibilities.
- Board committees and oversight structure.
- Senior management roles & responsibilities.
- Control definitions.
- Control environment.
- Risk assessment.
- Control activities.
- Information and communication.
- Monitoring activities.
- Risk governance and culture.
- Risk strategy and objective settings.
- Risk performance.
- Risk review & revision.
- Information, communication and reporting.
- Compliance culture.
- Compliance policies and procedures.
- Compliance risk-assessment.
- Compliance training.
- Compliance indicators and controls.
- Compliance continuous monitoring.
- GRC vision and strategy.
- GRC business case.
- Maturity assessment and gap analysis.
- GRC Implementation Roadmap.
- Three Lines of Defense (3LoD) Model.
- 1st line of defense.
- 2nd line of defense.
- 3rd line of defense.
- Other assurance service providers.
Assurance Map.
- Problem definition.
- Case assessment.
- Solution scenarios.
- Implementation roadmap.
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