Workshop Overview:
This comprehensive course is designed for learners aiming to deepen their understanding of GRC and apply its principles to achieve organizational excellence. With a blend of theoretical knowledge and practical application, learners will be equipped to navigate the complexities of governance, risk, and compliance in the evolving business environment of 2024.
Prerequisites:
This workshop is suited for individuals who are new to GRC but have some basic background in business practices, as well as for those looking to update their knowledge according to the latest standards and practices as of 2024.
By the end of the course, you will be able to:
- Understand the Foundations of GRC:
Gain a comprehensive understanding of Governance, Risk, and Compliance (GRC), and why it is critical for organizational success and sustainability in the modern business landscape.
- Apply Governance Principles:
Grasp the core principles and practices of governance, understand the roles and responsibilities of governance professionals, and recognize the Board of Directors' influence on GRC strategies.
- Manage Risks Effectively:
Identify and assess potential risks and implement strategies for their mitigation and management using the enterprise risk management framework, thereby creating more resilient organizations.
- Ensure Compliance:
Understand compliance requirements, monitoring, and reporting, and implement effective compliance programs. Foster environments of trust and accountability through the promotion of ethical behavior within compliance practices.
- Design and Implement Internal Controls:
Learn the significance of internal control systems, including their components, design, implementation, evaluation, and improvement to enhance organizational processes and mitigate risks.
- Conduct Efficient Audits:
Acquire knowledge on the audit function within GRC, covering planning, execution, reporting, and follow-up procedures. Understand the impact of technology on audit processes and learn modern audit techniques.
- Address Cybersecurity Challenges:
Develop an in-depth understanding of cybersecurity's role in GRC, covering common cyber threats, vulnerabilities, strategic planning for cybersecurity, and incident response strategies.
- Stay Updated with Emerging GRC Trends:
Explore the latest technology advancements, global developments, and challenges within GRC. Prepare for the future by understanding how digital transformation influences GRC practices.
- Apply GRC Concepts in Real-world Scenarios:
Use the theoretical knowledge and practical application provided in the course to navigate the complexities of governance, risk, and compliance in today's evolving business environment.
- Evaluate Learning and Plan for Future Development:
Successfully complete a final assessment to evaluate understanding of the GRC concepts covered in the workshop and gain access to resources for further learning, ensuring readiness to implement GRC principles effectively.
