The British Academy for Training and Development offers Certificate in Advanced Governance, Risk and Compliance (GRC) Training Course. This course on Certificate in Advanced Governance, Risk and Compliance makes you understand Corporate Governance with its prime instrumentalities such as Compliance, Internal Audit, and Risk Management, including advantages, hurdles, and proper implementation.

Good governance builds both trust and improved organisational performance and contributes to social and environmental integrity by providing organisations the tools that make it possible for organisations to behave ethically and responsibly even while executing their mandates.

This training sessions will highlight about an understanding of the following dimensions:

Internal Audit and Compliance can work together to realise relationships in the area risk managementCorporate Governance concepts and principles, fundamental definitions as well as content elements, which you can take back to your organisation as elements of a comprehensive understanding towards becoming a Principled Performer.Basic Components of the Governance Framework, and thereby having a basic idea of the governance requirements depending on organisational value drivers.Corporate Governance components integration enhancement.Risk Types across taxonomies, Understand Risk Assessment.New Approach Compliance, Risk-based Compliance and Internal Audit New Approach, Risk-based Approach. 

Objective:

By the end of this Certificate in Advanced Governance, Risk & Compliance (GRC) training course, you will be able to:

Align your GRC structures perfectly wellImprove risk management function and expanding compliance functionAssist in formulating governance committeesLearn GRC fundamentals, rules and principlesIntegration and alignment of corporate governance through adopting good methodsAssimilate how to prove assurance on GRC activities.Who Should Attend?This training course has been researched and developed for professionals who are involved in the different aspects of corporate governance in the technical and non-technical departments in every functional area of responsibility in all industries.Directors, Managers and Superintendents within governance activitiesBoard Members and Strategic PlannersLegal Counsels, Corporate Legal Advisors and Corporate SecretariesRisk Managers, Compliance Managers and Internal Audit ManagersFinancial Controllers, Chief Accountants & Managers involved in driving GRC businessHow will attendees benefit?

Attendees of the Certificate in Advanced Governance, Risk and Compliance (GRC) Training Course will gain a wide range of valuable benefits:

Deep Understanding of GRC Frameworks: Attendees will develop an excellent understanding of how governance, risk management, and compliance intersect to support ethical and effective business operations. Practical Skills for Managing Risk: Tools and techniques for identifying, assessing, and mitigating strategic, operational, financial, and reputational risks are offered at this workshop. Improved Decision Making. By applying GRC principles in their organisations, attendees will prepare themselves for informed and accountable decision-making processes. Knowledge of Regulatory Compliance: Attendees will learn about up-to-date global regulations, standards, and best practices to help them comply and avoid penalties for failing to comply or reputational damage penalties. Enhanced Organisational Resilience. Improved risk and compliance systems allow organisations to become more agile and resilient against uncertainty, crises, or rapid change. Career Advancement Opportunities: An advanced GRC certification makes an excellent addition to the professional profile of an attendee because it opens the way to senior positions in governance, auditing, risk management, and compliance careers. Strategic Alignment of GRC Functions: The course aids in bridging the gap between GRC functions and the business strategy, allowing for not only integration with but also alignment of all efforts with the organisation's overall goal and objectives. Ethical Leadership and Corporate Responsibility: Attendees will be empowered to foster a culture of transparency, accountability, and integrity, which are key values important for long-term success.

Corporate Governance and its Tools: Risk Management, Compliance & Internal Audit

• Corporate governance; definition, concept, rules, principles

• What are the barriers and obstacles to actually enforce it?

• How to implement corporate governance in reality?

• Board’s committees; roles and responsibilities

• Identifying the audit committee role and responsibilities

• Risk management, compliance & internal audit overlapping & how to overcome it?

• Cooperation & collaboration among this triangle functions

• Main thoughts to improve corporate governance

Risk Management; All You Need To Know About It

• Risk management fundamental concepts, universe & principles

• Risk management framework; policies, methodologies and infrastructure

• Risk management limitations with traditional approaches to risk management

• Key performance indicators (KPI) vs. Key risk indicators (KRI)

• What is a risk register & how to create one?

• Business continuity planning vs. Disaster recovery plan

• Risk control self-assessment (RCSA)

• Role & responsibilities of the risk champions

Identifying Different Categories of Organizational Risks in your Organization

• Financial risk / credit risk / liquidity risk

• Operational risk

• Non-compliance risk

• Systematic risk vs. Systemic risk

• Political risk / sovereign risk / country risk

• Strategic risk / legal risk / reputational risk

• Fraud risk / ethical behavior risk / criminal behavior risk

• ESG, digital, cyber, and technology risks

Risk-Based Compliance & Risk-Based Internal Audit

• Compliance new approach; risk-based compliance

• Role, duty, objective and responsibility of a compliance officer

• What is the specific profile for a compliance officer?

• Money laundering threats and methods & terrorist financing threats and methods

• What is risk-based internal auditing? How & why audit units move into risk based audit

• The transition from system-based to risk-based internal auditing

• Risk-based audit approach and risk-based audit methodology

• Auditing the control environment

Role of The Board Towards Strengthening & Augmenting Governance Process

• Role of the board

• Business plan vs. Strategic plan

• Strategic planning and strategic management

• Risks in focus 2025 and how organizations can tackle

• Controlling fraud; the fraud triangle and the fraud diamond

• Auditing corporate governance

• OMBUDS process (whistleblowing)

• Business and financial lessons learnt