- There are different models for corporate administration and also threat monitoring, all of which objective to arrange the connection between stakeholders. in between the organisation as well as stakeholders and controlling risks efficiently. Administration, Danger Management, Compliance, as well as Reliable Interior Controls' are all part of one system. And this is a vital fact that, Regrettably, not all companies have this progressive appearance in the direction of this system.
This course consists of conversations regarding the board framework, committees, and their functions. It covers the process of managing threats based on the Board of Funding Organizations of the Treadway Compensation (COSO) demands.
Additionally, the program consists of a conversation on inner controls. Those controls are made use of to reply to the threats in various areas of the firm. Conformity is also covered per the most up-to-date developments.
Course Objectives of Advanced Administration, Danger and also Conformity (GRC).
- Define corporate/public governance and its link to running the risk of management as well as interior controls.
- Talk about the duties and also responsibilities of the various stakeholders in an exclusive or public company.
- Note the features of corporate/public governance as well as determine the difference between the different versions.
- Recognize the key areas of risk management and its outside and inner environment adjustments.
- Recognize the appropriate controls to be executed in an exclusive or public field company.
Day 1
Overview of governance, risk management, and internal controls
Definition of corporate/public governance
The scope of corporate/public governance
Essential corporate/public governance principles
Code of conduct
The board of directors
The audit committee
Other committees
Day 2
Stakeholders in Corporate/Public Governance (CG)
Stakeholders
Shareholders rights
Directors’ duties and rights
Internal auditors and external auditors
Risk-based decision making
CG failure effects
The efficient board
Functions of corporate/public governance
Independence of the board
Selection, compensation, and evaluation of the board
Analyzing the current system of the organisation
Disclosure and transparency
Day 3
Introduction to compliance
Definition of compliance
Importance of compliance
Practical examples of compliance
Risks of compliance
Enterprise Risk Management
Risk perception
Why should you pay attention to risk?
Internal environment changes
External environment changes
Risk Management areas
Strategic area
Operations Processes
Reporting and reporting lines
Financial Risk management
Health and safety of the organisation
Day 4
Risk management process per COSO guidelines
Internal environment
Objectives setting
Event identification
Risk assessment
Risk response
Control activities
Information and communication
Risk monitoring
Implementing controls in business cycles
Controls in the purchase and payment cycle
Controls in inventory and costing cycle
Controls in HR and payroll cycle
Controls in sales and collection cycle
Controls in fixed assets life cycle
Day 5
Closing Workshop
Apply it at work! What works and doesn’t? How? And Why?
Best Practices and latest updates
Case studies, success stories as well as failure stories
Modern application through IT, software programs, and/or mobile applications
Share top and recent 3 book titles in this field
Abstract from the course book
The phrase “corporate governance” describes “the framework of rules, grc activities, relationships, systems and processes within and by which authority is exercised and controlled within corporations. It encompasses the mechanisms by which companies, and those in control, are held to account.”
Corporate governance is the broad term used to describe the processes, customs, policies, laws, and institutions that direct the organizations and corporations and risk management professionals in the way they act or administer and control their operations. It works to achieve the goal of the organization and manages the relationship among the stakeholders
Corporate governance means steering an organization in the desired direction by determining ways to make effective strategic decisions. It also deals with the accountability of the individuals through a mechanism that reduces the principal agent problem in the organization
Corporate Governance has a broad scope. It includes both social and institutional aspects. Corporate Governance encourages a trustworthy, as well as work environment. and Defines actions and controls. In other words, the heart of corporate governance and grc program is transparency, disclosure, business process, accountability, integrity, and acting with integrity. It is to be borne in mind that mere legislation does not ensure good governance. Good governance flows from ethical business practices and performance management even when there is no legislation.
Training Methodology
With Blackbird Training Centre, our training methodology deals with the methods aimed at designing and implementing training successfully. Before every training programme, we ask for your own training needs input. This way our instructors and coaches approach the outlines accordingly.
This may, also, involve using Coaching, mentoring, Roleplaying, Films, videos, and Case studies. Our training programmes are led by:
Individual Training Needs Assessment (TNA)
Client context-based Delivery
Mini-workshops and learning activities
Our Training Programmes focus on your Competency level
This is one of the best GRC training courses because it can be considered as:
Risk management certification to be a certified risk manager
Risk management course and it offers a certificate in risk management
Risk management certification and compliance officer training
This risk management training course is related to governance risk and compliance certification, compliance certificate programs, and corporate compliance courses.
Corporate governance training courses, and governance training courses are many worldwide. This course is the best compliance training program of the compliance certification programs in the world. It can be considered a certified risk manager course, or governance certification.
As a governance and compliance manager, you will master:
Corporate compliance and risk management
Corporate governance and compliance
Why Blackbird Training Centre?
Your training needs are well respected. So, we have a training advisor to help you choose the right course for you. And, we are flexible enough to adjust the training programme to fit your organisation and the training depth required.
We are available worldwide at any time. Our resources and business network are huge. In that sense, we are adaptable to your own personal preferences.
In each course, we also offer a reference training book (not just PowerPoint material)
Our certificates have got an online verification code. You can use your mobile camera at any time and forever. All you need is your mobile and internet access.
We have a rich list of well-chosen training topics. Although the topics cover all areas and sectors, we keep on
updating them to follow new training topics & trends.
Related words: regulatory requirements, implementing grc, grc platforms, address uncertainty and act, grc capabilities, grcp certification
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