Mastering Governance, Risk, and Compliance (GRC): A Comprehensive Framework for Assurance and Audit Professionals
Course Overview This comprehensive course is designed to provide assurance and audit professionals with a thorough understanding of governance, risk, and compliance (GRC) principles and practices. Participants will gain the knowledge and skills needed to develop and implement effective GRC frameworks, ensuring that their organizations are operating in a controlled and compliant environment.
Course Objectives - Understand the fundamental principles of governance, risk, and compliance (GRC)
- Develop and implement effective GRC frameworks
- Identify and assess risks, and develop strategies for mitigation
- Ensure compliance with relevant laws, regulations, and standards
- Conduct audits and assurance activities to evaluate GRC effectiveness
- Communicate GRC results and recommendations to stakeholders
Course Outline Module 1: Introduction to Governance, Risk, and Compliance (GRC)
- Defining GRC and its importance
- GRC frameworks and standards (e.g. COBIT, ISO 31000, COSO)
- GRC roles and responsibilities
- GRC challenges and opportunities
Module 2: Governance Principles and Practices
- Defining governance and its importance
- Governance frameworks and models (e.g. COBIT, ITIL)
- Governance roles and responsibilities (e.g. board of directors, audit committee)
- Governance challenges and opportunities
Module 3: Risk Management Principles and Practices
- Defining risk management and its importance
- Risk management frameworks and models (e.g. ISO 31000, COSO)
- Risk identification, assessment, and mitigation strategies
- Risk management roles and responsibilities
- Risk management challenges and opportunities
Module 4: Compliance Principles and Practices
- Defining compliance and its importance
- Compliance frameworks and models (e.g. COBIT, ISO 19600)
- Compliance roles and responsibilities
- Compliance challenges and opportunities
Module 5: Auditing and Assurance Principles and Practices
- Defining auditing and assurance and their importance
- Auditing and assurance frameworks and models (e.g. COBIT, ISO 19011)
- Auditing and assurance roles and responsibilities
- Auditing and assurance challenges and opportunities
Module 6: GRC Frameworks and Standards
- COBIT framework and its application
- ISO 31000 framework and its application
- COSO framework and its application
- Other GRC frameworks and standards (e.g. ITIL, ISO 19600)
Module 7: GRC Tools and Techniques
- GRC software and tools (e.g. SAP GRC, Oracle GRC)
- GRC metrics and reporting
- GRC training and awareness
- GRC continuous improvement
Module 8: Case Studies and Group Discussions
- Real-world GRC case studies
- Group discussions and debates on GRC topics
- GRC best practices and lessons learned
Course Features - Interactive and engaging: The course includes interactive sessions, group discussions, and case studies to keep participants engaged and motivated.
- Comprehensive and personalized: The course covers all aspects of GRC and provides personalized attention to each participant.
- Up-to-date and practical: The course includes the latest GRC frameworks, standards, and best practices, and provides practical guidance on implementation.
- Real-world applications: The course includes real-world case studies and examples to illustrate GRC concepts and principles.
- High-quality content: The course includes high-quality course materials, including presentations, handouts, and online resources.
- Expert instructors: The course is taught by experienced GRC professionals with extensive knowledge and expertise.
- Certification: Participants receive a certificate upon completion of the course, issued by The Art of Service.
- Flexible learning: The course is available in various formats, including online, classroom, and on-site training.
- User-friendly: The course is designed to be user-friendly and accessible, with clear instructions and navigation.
- Mobile-accessible: The course is accessible on mobile devices, allowing participants to learn on-the-go.
- Community-driven: The course includes access to a community of GRC professionals, providing opportunities for networking and collaboration.
- Actionable insights: The course provides actionable insights and practical guidance on GRC implementation and improvement.
- Hands-on projects: The course includes hands-on projects and activities to help participants apply GRC concepts and principles.
- Bite-sized lessons: The course includes bite-sized lessons and modules, allowing participants to learn at their own pace.
- Lifetime access: Participants receive lifetime access to the course materials and online resources.
- Gamification: The course includes gamification elements, such as quizzes and challenges, to make learning fun and engaging.
- Progress tracking: The course includes progress tracking and feedback mechanisms, allowing participants to monitor their progress and stay motivated.
Certificate Upon completion of the course, participants receive a certificate issued by The Art of Service. The certificate demonstrates the participant's knowledge and understanding of GRC principles and practices, and their ability to apply them in a real-world setting.,
- Understand the fundamental principles of governance, risk, and compliance (GRC)
- Develop and implement effective GRC frameworks
- Identify and assess risks, and develop strategies for mitigation
- Ensure compliance with relevant laws, regulations, and standards
- Conduct audits and assurance activities to evaluate GRC effectiveness
- Communicate GRC results and recommendations to stakeholders
Course Outline Module 1: Introduction to Governance, Risk, and Compliance (GRC)
- Defining GRC and its importance
- GRC frameworks and standards (e.g. COBIT, ISO 31000, COSO)
- GRC roles and responsibilities
- GRC challenges and opportunities
Module 2: Governance Principles and Practices
- Defining governance and its importance
- Governance frameworks and models (e.g. COBIT, ITIL)
- Governance roles and responsibilities (e.g. board of directors, audit committee)
- Governance challenges and opportunities
Module 3: Risk Management Principles and Practices
- Defining risk management and its importance
- Risk management frameworks and models (e.g. ISO 31000, COSO)
- Risk identification, assessment, and mitigation strategies
- Risk management roles and responsibilities
- Risk management challenges and opportunities
Module 4: Compliance Principles and Practices
- Defining compliance and its importance
- Compliance frameworks and models (e.g. COBIT, ISO 19600)
- Compliance roles and responsibilities
- Compliance challenges and opportunities
Module 5: Auditing and Assurance Principles and Practices
- Defining auditing and assurance and their importance
- Auditing and assurance frameworks and models (e.g. COBIT, ISO 19011)
- Auditing and assurance roles and responsibilities
- Auditing and assurance challenges and opportunities
Module 6: GRC Frameworks and Standards
- COBIT framework and its application
- ISO 31000 framework and its application
- COSO framework and its application
- Other GRC frameworks and standards (e.g. ITIL, ISO 19600)
Module 7: GRC Tools and Techniques
- GRC software and tools (e.g. SAP GRC, Oracle GRC)
- GRC metrics and reporting
- GRC training and awareness
- GRC continuous improvement
Module 8: Case Studies and Group Discussions
- Real-world GRC case studies
- Group discussions and debates on GRC topics
- GRC best practices and lessons learned
Course Features - Interactive and engaging: The course includes interactive sessions, group discussions, and case studies to keep participants engaged and motivated.
- Comprehensive and personalized: The course covers all aspects of GRC and provides personalized attention to each participant.
- Up-to-date and practical: The course includes the latest GRC frameworks, standards, and best practices, and provides practical guidance on implementation.
- Real-world applications: The course includes real-world case studies and examples to illustrate GRC concepts and principles.
- High-quality content: The course includes high-quality course materials, including presentations, handouts, and online resources.
- Expert instructors: The course is taught by experienced GRC professionals with extensive knowledge and expertise.
- Certification: Participants receive a certificate upon completion of the course, issued by The Art of Service.
- Flexible learning: The course is available in various formats, including online, classroom, and on-site training.
- User-friendly: The course is designed to be user-friendly and accessible, with clear instructions and navigation.
- Mobile-accessible: The course is accessible on mobile devices, allowing participants to learn on-the-go.
- Community-driven: The course includes access to a community of GRC professionals, providing opportunities for networking and collaboration.
- Actionable insights: The course provides actionable insights and practical guidance on GRC implementation and improvement.
- Hands-on projects: The course includes hands-on projects and activities to help participants apply GRC concepts and principles.
- Bite-sized lessons: The course includes bite-sized lessons and modules, allowing participants to learn at their own pace.
- Lifetime access: Participants receive lifetime access to the course materials and online resources.
- Gamification: The course includes gamification elements, such as quizzes and challenges, to make learning fun and engaging.
- Progress tracking: The course includes progress tracking and feedback mechanisms, allowing participants to monitor their progress and stay motivated.
Certificate Upon completion of the course, participants receive a certificate issued by The Art of Service. The certificate demonstrates the participant's knowledge and understanding of GRC principles and practices, and their ability to apply them in a real-world setting.,
- Interactive and engaging: The course includes interactive sessions, group discussions, and case studies to keep participants engaged and motivated.
- Comprehensive and personalized: The course covers all aspects of GRC and provides personalized attention to each participant.
- Up-to-date and practical: The course includes the latest GRC frameworks, standards, and best practices, and provides practical guidance on implementation.
- Real-world applications: The course includes real-world case studies and examples to illustrate GRC concepts and principles.
- High-quality content: The course includes high-quality course materials, including presentations, handouts, and online resources.
- Expert instructors: The course is taught by experienced GRC professionals with extensive knowledge and expertise.
- Certification: Participants receive a certificate upon completion of the course, issued by The Art of Service.
- Flexible learning: The course is available in various formats, including online, classroom, and on-site training.
- User-friendly: The course is designed to be user-friendly and accessible, with clear instructions and navigation.
- Mobile-accessible: The course is accessible on mobile devices, allowing participants to learn on-the-go.
- Community-driven: The course includes access to a community of GRC professionals, providing opportunities for networking and collaboration.
- Actionable insights: The course provides actionable insights and practical guidance on GRC implementation and improvement.
- Hands-on projects: The course includes hands-on projects and activities to help participants apply GRC concepts and principles.
- Bite-sized lessons: The course includes bite-sized lessons and modules, allowing participants to learn at their own pace.
- Lifetime access: Participants receive lifetime access to the course materials and online resources.
- Gamification: The course includes gamification elements, such as quizzes and challenges, to make learning fun and engaging.
- Progress tracking: The course includes progress tracking and feedback mechanisms, allowing participants to monitor their progress and stay motivated.