Introduction to Governance, Risk & Compliance
This course provides a practical introduction to governance, risk and compliance (GRC) and explores how its different disciplines work together to support organisational objectives and effective decision-making.
The course considers how organisations establish direction, manage uncertainty and meet their obligations. It highlights the benefits of an integrated approach to GRC, the challenges created by siloed activities and information, and the role that culture, data and technology play in enabling effective GRC.
Outline
- The purpose and value of GRC
- Organisational objectives, stakeholders and value
- Governance, accountability and decision-making
- Risk and the management of uncertainty
- Compliance, obligations, policies and internal controls
- Monitoring, audit and assurance
- Connecting objectives, risks, obligations, controls and assurance
- GRC information, reporting and technology
- Applying GRC through an integrated organisational case study
Who is this for?
Suitable for Graduates, early-career professionals and experienced individuals seeking to develop their understanding of GRC and its key disciplines.
What prior study is recommended?
No previous GRC experience or formal prior study is required. A general understanding of how organisations operate would be beneficial.
At the end of the course you should be able to:
- Explain the purpose of GRC and how it supports organisational objectives and effective decision-making.
- Distinguish between governance, risk management, compliance, internal control, audit and assurance, using the associated terminology appropriately.
- Explain the principal roles and responsibilities involved in governing, managing, overseeing and assuring GRC activities.
- Describe the relationships between objectives, risks, obligations, policies, controls, findings, actions and assurance activities.
- Explain the benefits of an integrated approach to GRC and identify the limitations of fragmented or siloed working.
- Describe how information, reporting and technology can enable effective GRC activities and decision-making.
For groups
This course can be customised and delivered at a location that suits you. Contact our training team to find out how we can support your training needs.