Accredited Africa Training Institute for Capacity Development

Providing accredited training courses in South Africa
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Advanced Governance, Risk and Compliance (GRC)

Why Attend

Corporate governance and risk management are critical topics that are attracting more attention in business schools and among legislatures, with this trend only increasing. While there are different models for corporate governance and risk management, all of them aim at controlling risks effectively and organizing the relationship between a company and its stakeholders. What is more important is the fact 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 structures, committees, and their functions while covering the detailed process of managing risks as per the Committee of Sponsoring Organizations (COSO) of the Treadway Commission requirements in comparison to ISO standards. In addition, this course includes a module on compliance as per the ISO standards that cover the latest developments in this area.

Course Methodology

This course is built on presentations by the instructor and the participants and includes exercises and case studies to be discussed during the training sessions.

Course Objectives

By the end of the course, participants will be able to:

  • Advise on developing a board structure that includes executives, non-executives and independent members with varied experience
  • Assist in formulating committees and establishing committee requirements
  • Promote the proposal of policies for the company that need board approval
  • Support the creation of a successful risk management function based on COSO and ISO recommendations
  • Contribute to establishing a better compliance in the organization by utilizing ISO requirements

Target Audience

Board members, chief financial officers, senior management, directors, finance managers, financial controllers, accounting and finance personnel, legal counsel, corporate legal advisors, corporate secretaries, lawyers, external and internal auditors, HR managers, employees in GRC departments and department heads.

Target Competencies

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  • Advising on the structure of the board of directors
  • Establishing board committees
  • Advancing board policies
  • Improving risk management functions
  • Expanding compliance functions

Location:

South Africa

Training Dates:

Each course starts every Monday of each week. Please book your training on a date that is a Monday.

Course Duration:

Unit Standard:

NQF Level:

Number of Credits:


Course Fees

Note: Please fill in the online application form on the left or bottom if this page to receive a quotation with detailed pricing from AATICD.

How to Apply:

To Apply Simply Fill in the Online Enquiries / Applications form on the Right Sidebar or Bottom of this website https://www.aaticd.co.za

NB: Terms and Conditions for Payment and Refunds

1.1. Full payment for the training workshop must be made at least 5 days before the scheduled workshop date.

1.2. Payment can be made via bank transfer, credit card, or any other agreed-upon method.

1.3. A confirmation of payment will be issued upon receipt of funds.

1.4. Any form of Payment means that trainee / delegate / client receiving the training accepts the training and agrees to these terms and conditions.

2. Cancellation and Refund Policy

2.1. Cancellations made 30 days or more before the workshop date will be eligible for a full refund, minus any administrative fees.

2.2. Cancellations made 15 to 29 days before the workshop date will be eligible for a 50% refund of the total payment.

2.3. Cancellations made less than 14 days before the workshop date will not be eligible for a refund.

2.4. Participants who fail to attend the workshop without prior notice will not be eligible for a refund.

3. Rescheduling

3.1. If a participant wishes to reschedule, a request must be submitted at least 14 days in advance, subject to availability.

3.2. A rescheduling fee may apply.

4. Workshop Cancellation by the Organizer

4.1. AATICD reserves the right to cancel or reschedule the workshop due to unforeseen circumstances, including but not limited to low enrolment, trainer unavailability, or force majeure events.

4.2. In the event of cancellation by AATICD, participants will be offered a full refund or the option to attend a rescheduled session.

4.3. AATICD is not responsible for any additional costs incurred by participants, such as travel or accommodation expenses.

5. Refund Processing

5.1. Approved refunds will be processed within 7 business days from the date of cancellation approval.

5.2. Refunds will be issued using the original payment method unless otherwise agreed.

6. Contact Information

For any questions regarding payments and refunds, please contact us at:

Email: apply@aaticd.co.za

Phone: +27 73 016 5042

By registering for the workshop, participants agree to abide by these terms and conditions.

In-House Trainings are also available for 3 or more delegates for any duration. Please consult with our Administration for such In-House training bookings.


Course Outline

  • The board of directors
    • Shareholders’ rights and duties
    • Stakeholders definition
    • Directors’ duties
    • Risks of governance failures
    • The efficient board
    • CMA definitions on board membership
    • CMA on non-independence of board members
  • Board committees
    • Ethics and CSR committee
    • Nomination committee
    • Remuneration committee
    • Governance committee
    • Risk and compliance committee
    • Executive committee
    • Audit committee
    • Investment committee
  • Policies approved by the board
    • Anti-discrimination
    • Anti-harassment and anti-bullying
    • Anti-fraud and anti-corruption
    • Conflict of interest
    • Nomination, succession planning, and remuneration policy
    • Risk management and compliance policy
    • Financial reporting and audit policy
    • Investments and asset management policy
  • Risk management
    • Risk management definitions
    • Risk management process
    • ISO 31000 risk management principles, framework, and process
    • ISO 31000 risk management process
    • COSO ERM process
    • Risk response = 4 Ts
    • Control activities
    • Internal audit role in assessing risk management
    • IIA definitions
    • IIA guidance
    • IIA standard 2120
    • Internal audit assessment of risk management
    • Internal audit engagement approach
    • Risk management categories
  • Compliance success factors
    • Definition of compliance
    • ISO 19600 compliance management
    • Implementing a compliance program
    • Causes of compliance program failing
    • Results of compliance failures

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