Corporate governance and risk management are critical topics that have recently started attracting more attention in business schools and among legislatures, with this trend only increasing. While there are different corporate governance and risk management models, they all aim to organize the relationship between the company and stakeholders and effectively control risks. What is more important is that 'Governance, Risk Management, Compliance, and Effective Internal Controls' are all part of one system. Unfortunately, not all companies have this avant-garde look towards this system. This course includes discussions about board structure, committees, and their functions while covering the detailed process of managing risks as per the Committee of Sponsoring Organizations of the Treadway Commission (COSO) requirements. In addition, the course includes a discussion on internal controls that are used to respond to the risks in different areas of the corporation. Compliance is also covered per the latest developments.
Governance, Risk and Compliance (GRC)
Corporate governance and risk management are critical topics that have recently started attracting more attention in business schools and among legislatures, with this trend only increasing. While there are different corporate governance and risk management models, they all aim to organize the relationship between the company and stakeholders and effectively control risks. What is more important is that 'Governance, Risk Management, Compliance, and Effective Internal Controls' are all part of one system. Unfortunately, not all companies have this avant-garde look towards this system. This course includes discussions about board structure, committees, and their functions while covering the detailed process of managing risks as per the Committee of Sponsoring Organizations of the Treadway Commission (COSO) requirements. In addition, the course includes a discussion on internal controls that are used to respond to the risks in different areas of the corporation. Compliance is also covered per the latest developments.
| Start date | End date | Location | Fee | Registration |
|---|---|---|---|---|
| Paris - France |
€2,250 + VAT
|
→ | ||
| Frankfurt - Germany |
€1,625 + VAT
|
→ | ||
| Barcelona - Spain |
€1,925 + VAT
|
→ | ||
| Amsterdam - Netherlands |
€2,125 + VAT
|
→ | ||
| London - United Kingdom |
€2,100 + VAT
|
→ | ||
| Istanbul - Türkiye |
€1,425 + VAT
|
→ | ||
| Vienna - Austria |
€2,125 + VAT
|
→ | ||
| Barcelona - Spain |
€1,925 + VAT
|
→ |
- Define corporate governance and its relation to risk management and internal controls
- Explain the roles and responsibilities of the various stakeholders in a private or public organization
- List the functions of corporate governance and differentiate between the various models
- Identify the areas of risk management and changes in its internal and external environments
- Determine the proper controls to be implemented in various business cycles
This program is intended for professionals involved in Accounting and Finance.
- Board members, chief financial officers, senior management, directors, finance managers, financial controllers, accounting, and finance personnel. The course also benefits legal counsels, corporate legal advisors, corporate secretaries, lawyers, external and internal auditors, HR managers, and department heads.
The course is built on presentations by the instructor and the participants and includes exercises and case studies to be discussed in the training.
Governance, Risk and Compliance (GRC)
- Introduction to GRC
- Corporate governance principles
- Corporate Governance Benefits
- Implementing and enforcing the code of conduct
- Independence of the board
- The stakeholders
Building Efficient Governance
- Directors’ duties and rights
- Causes of governance failure
- The efficient board
- Selection and remuneration of the board
- Evaluation of the board
- Analyzing corporate governance
- Communicating and implementing corporate governance
Risks in the Corporate Environment
- Introduction to risk management
- Risk management definitions
- Internal environment analysis
- External environment analysis
- Benefits of risk management
Risk Management Process
- Internal environment
- Objectives
- Risk identification
- Risk assessment
- Risk controls
- Risk monitoring
- Communication
- Risk categories
Compliance Success Factors
- Definition of compliance
- Compliance Implementation
- ISO guidance on compliance
- Risks of compliance failure
SPARK Training Certificate of Completion is awarded to participants who attend and complete the full training course.
Related Training Courses
Accounts Payable: Accounting and Management Best Practices
Advanced Excel: Functions, Power Query and Power Pivots
Advanced Financial Analysis
