The Governance, Risk Management, Compliance Foundation (GRC-F) Certification Masterclass Course

The online seminar guides you to expand your GRC knowledge and get certified. The following GRC issues are addressed in the GRC-Foundation Masterclass.

Part 1. Introduction To Governance, Risk Management, Compliance (GRC) Components

• The GRC definitions, the structure of the GRC Foundation Model
• Elements that add stakeholder value from an effective GRC program
• GRC Integration: Achieving Goals, Resilience, and Growth
• Critical success factors of implementing Integrated GRC: Opportunities and challenges
• A roadmap to implement GRC principles: how to embed GRC in the business activities and performance
• Risk and compliance frameworks: GRC Capability Model, COSO 2013, COSO ERM 2017, ISO 31000:2019, ISO 19600:2014, PMBOK Guide
• Importance of secure Good governance practices: the GRC decision-making process
• The GRC impact on performance and sustainability, efficient, effective and responsive capabilities

Part II. The GRC Mandates

• Automating GRC structures in the organisation.
• How to manage the regulatory compliance in operations and to gain valuable benchmarking data.
• Focus on appropriate controls – to keep risks from becoming threats
• Integrating risk management, internal controls and compliance: the three lines of defense, assurance maps, Responsible, Accountable, Consulted, Informed (RACI) role and responsibilities
• Integrating GRC with information technology, business continuity plans, and IT Security
• Convergence, integration and management of GRC policies to business process management
• Risk management actions are based on Riskability assessment for consistency and handling of quality data

Part III. Building GRC Programs, Systems And Processes That Improve Management Across Functions;

• • Enables rapid responses when problems arise.
  • Provides early notice of potential business issues
  • Reduction of GRC functional overlap
  • Reinforce intangible assets like brand perception, Reputation, customer, partner and vendor relations
  • Tangible benefits like transparency & attesting to financial disclosures.

• Creating a technology inventory and change plan with GRC tools: solutions, enabling technology components, business process managers, dashboards, training, managing findings and incidents, fraud, workflows managers
• How to create a culture of zero tolerance to non-compliance.
  • how to drive a culture that embraces the company’s ethics and compliance values

• How to encourage employees to embrace ethical conduct and shun non-compliant actions at large dynamic companies.
• GRC compliance moving forward: machine learning, business intelligence, blockchain, analytics