Comprehensive Governance With Risk and Compliance Certification CGRC

Overview:

Introduction:

This program is designed to prepare participants for the certification exam only.

This training program delves into advanced strategies in governance, risk management, and compliance (CGRC), enabling professionals to stay ahead in a dynamic regulatory environment. It empowers participants to implement effective GRC practices and drive organizational success.

Program Objectives:

By the end of this program, participants will be able to:

• Understand key principles of governance, risk management, and compliance.

• Develop a framework for managing compliance risks and regulatory requirements.

• Implement best practices in GRC and monitor internal controls.

• Align risk management with business objectives to ensure regulatory compliance.

• Prepare thoroughly for the CGRC certification exam.

Targeted Audience:

• Governance and Compliance Officers.

• Risk Managers and Internal Auditors.

• Regulatory Affairs Professionals.

• GRC Consultants.

• Legal and Compliance Professionals.

Program Outline:

Unit 1:

Fundamentals of Governance, Risk, and Compliance (GRC):

• Introduction to GRC principles and importance.

• Overview of global regulatory frameworks (e.g., ISO, NIST, COBIT).

• Aligning GRC with business strategies.

• Role of governance in corporate responsibility.

• Regulatory impacts on risk management.

Unit 2:

Risk Management Frameworks and Processes:

• Understanding risk management concepts.

• Risk identification, assessment, and prioritization techniques.

• Risk management methodologies and frameworks (ISO 31000, COSO).

• Risk mitigation strategies and controls.

• Developing risk management policies and procedures.

Unit 3:

Governance Best Practices and Stakeholder Engagement:

• Role of the board in governance and risk oversight.

• Effective stakeholder communication and engagement.

• Governance structures and decision-making processes.

• Ethics and corporate social responsibility (CSR) in governance.

• Ensuring accountability and transparency in governance.

Unit 4:

Regulatory Compliance Frameworks:

• Overview of key compliance frameworks (e.g., SOX, GDPR, Basel III).

• Developing a compliance program tailored to regulatory needs.

• Monitoring and managing compliance risks.

• Managing regulatory audits and inspections.

• Ensuring continuous improvement in compliance practices.

Unit 5:

Internal Controls and Auditing:

• Importance of internal controls for risk management.

• Designing and evaluating effective internal controls.

• Auditing processes to assess control effectiveness.

• Corrective actions and audit follow-up.

• Reporting findings to stakeholders.

Unit 6:

Security and Privacy Controls in GRC:

• Security and privacy requirements in regulatory compliance.

• Implementing security controls (NIST, ISO/IEC 27001).

• Data protection and privacy standards (e.g., GDPR).

• Risk-based auditing of security controls.

• Integration of security into GRC frameworks.

Unit 7:

Corporate Governance and Ethical Leadership:

• Defining corporate governance and its key components.

• Ethical decision-making in risk management.

• The role of leadership in promoting ethical culture.

• Governance codes of conduct and standards.

• Managing conflicts of interest and whistleblowing mechanisms.

Unit 8:

Risk-Based Auditing and Compliance Monitoring:

• Introduction to risk-based auditing methodologies.

• Conducting risk assessments and compliance audits.

• Audit planning, execution, and reporting.

• Compliance monitoring tools and software.

• Integrating audit results into GRC strategy.

Unit 9:

Case Study on GRC Integration:

• Case study on the successful integration of GRC in a multinational company.

• Lessons learned from GRC implementation.

• Analysis of governance and compliance failures.

• Identifying areas for improvement in GRC strategies.

• Key takeaways and best practices for future GRC implementation.

Unit 10:

Certification Exam Preparation:

• Detailed review of the GRC certification exam CGRC requirements.

• Key topics and areas of focus for the exam.

• Sample questions and and their potential answers.

• Resources and materials for further study.

Note: This program is designed to prepare participants for the certification exam only.