Governance , Risk & Compliance in the Public Sector ( GRC )

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Overview

This training class provides participants with a detailed understanding of the GRC (Governance, Risk and Compliance) Perspective for the Public Sector.

It covers the Governance Framework at both the Board level (the Board Governance Framework) as well as the Executive management levels (the Assurance and Control Governance framework)

It also addresses Effective Organizational Compliance Management and discusses in details all aspects of the Risk Management vital process and its evolution into the implementation of an Integrated Enterprise Risk Management (ERM) framework.

Who Should Attend

Targeting a wide range of Managers on all Business Units who are responsible about the successful implementation of the Risk / Compliance Management processes throughout the organization

It is also targeting the Assurance and Control functions as well as Senior Management levels up to the CEO and Governing Body levels involved in setting the Governance structure of the Organization.

  • Chairs, Committee Chairs
  • Board Members, Committee Members
  • Board Secretaries
  • CEOs, Executive Directors
  • Senior management and Middle management
  • Risk / Compliance Management Function
  • Internal Audit Function, Internal Control Function

The Course Outline will Cover

Day One

  • Program Opening
  • The GRC (Governance, Risk and Compliance) perspective
  • Public Sector Characteristics
  • Governance in the Public Sector
  • Need for Governance in the Public Sector
  • Principles for Good Governance in the Public Sector

   

Day Two

  • Compliance and Compliance Management
  • Elements of an Effective Compliance Program
  • Risk and Risk Management
  • Risk Management Framework
  • Risk Management Process
  • Risk Profile and Risk Appetite

 

Day Three

  • Organizational Resilience
  • Risk Register Creation
  • Organization’s Risk Culture
  • Risk Management Maturity
  • Enterprise Risk Management ( ERM )
  • ERM Common Practices
  • Fraud & Corruption Risk Management

Day Four

  • The Three (3) Lines of Defense Model
  • Integrated Thinking and Reporting <IR>
  • <IR> Framework
  • Good Governance Guiding Principles
  • Governance Measurement and Benchmarking
  • Program Closing