This 3-day Masterclass on Governance, Risk & Compliance (GRC) is designed to provide delegates with the knowledge necessary to effectively design and enhance integrated GRC activities across your company. In addition to this, it equips participants with the tools and techniques to understand your company obligations, to mitigate risk and to have a proper structure in place on how to manage it when an issue arises. This Masterclass is an intensive and highly practical program which delivers tremendous value to your company and contributes to building an ethical culture, establishing acceptable standards of behaviour, and mitigating risk. Risk isn’t something that should be avoided. Rather, it’s an opportunity for organisational innovation, developing new competitive advantages, addressing exposures that can threaten an organisation and something that can be integrated into strategic planning. The GRC Masterclass enables participants to develop core operational skills, focusing on best practice and will provide executives at all levels with the skills in risk management, creating compliance culture, and strengthen relationships with key stakeholders.
By the end of this Governance, Risk and Compliance Masterclass, participants will be able to:
Understand the concepts of governance, risk management and compliance (GRC)
Understand the regulatory environment.
Appreciate the reasons why governance is essential for effective regulatory compliance risk management.
Identify high-risk areas and compliance in your organization.
Apply Risk-based Approach.
Articulate the role of the compliance officer and his team.
Develop and implement a governance, risk management and compliance strategic plan.
Understand, define, and enhance organizational culture as it relates to performance, risk, and compliance.
Implement governance, risk management and compliance processes that are effective and efficient Use a risk-based audit approach.
Executives and Board Members
Compliance Officers / Managers and their Deputies
IT Professionals dealing with governance, risk management and compliance.
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.
Module 1 – Introduction Governance, Risk and Compliance (GRC)
An Overview of the Regulatory Environment
Know Your Regulator
Compliance Environment in South Africa
Compliance Function in Your Organisation
Compliance Risk Assessments
Fraud Risk Assessment
Organizational Risk Assessment
Compliance Gap Analysis
Module 2 – Corporate Governance
Definition of Corporate Governance
Objectives and outline of King IV
Fundamental Role and duties of the Governing Body
Promotion of Diversity
Composition of the governing body
Committees of the governing body
Chairing of the governing body
Delegation to management
Module 3 – Risk Management
Introduction to Risk
Risk Scenario Components
Risk Assessment, Risk Treatment
Risk Management Process
Enterprise Risk Management
Risk Management Challenges
Risk Management – ISO 31000
Enterprise Risk Management Components
Goals of an ERM Program
Common Challenges in ERM Implementation
Module 4 – Compliance Management
The Compliance Challenge
What is Compliance?
The South African Regulatory Landscape
Frameworks and Standards Landscape
Australian Compliance Standard – AS 3806
Identifying Compliance Requirements
Developing Common Control
Compliance Implementation Approach
Module 5 – Governance, Risk Management and Compliance implementation
Concepts of the Model of ‘Governance’, ‘Risk’ and ‘Compliance’ (GRC)
Principles of Governance, Risk and Compliance
Governance, Risk Management and Compliance Roles and Responsibilities
Governance, Risk Management and Compliance Integrated Approaches and their Key Enablers
Role and Responsibilities of Board and Committees
Selective Best Practices
Building an Effective Model of Governance, Risk and Compliance in Your Organisation