Governance Risk Compliance Masterclass

OBJECTIVES

• 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.

OUTLINE 1. Introduction Governance, Risk and Compliance (GRC)

• An Overview of the Regulatory Environment
• International Regulation
• 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

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
• Regulatory requirements
• Delegation to management
• Performance evaluations

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
• COSO ERM
• Enterprise Risk Management Components
• Goals of an ERM Program
• Common Challenges in ERM Implementation

4. Compliance Management

• The Compliance Challenge
• What is Compliance?
• Conformity Assessment
• The South African Regulatory Landscape
• Frameworks and Standards Landscape
• Compliance Framework
• Australian Compliance Standard – AS 3806
• Compliance Elements
• Identifying Compliance Requirements
• Developing Common Control
• Mapping Controls
• Compliance Implementation Approach

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

TRAINING METHOD Presentation Discussion Case Study Evaluation FACILITY Training Kit Handout Certificate Lunch + 2x Coffee Break Souvenir Pick Up Participant (Yogyakarta only) PELATIHAN LAINNYA