Governance, Risk and
Compliance Masterclass

21 – 25 October 2024
Sandton Centre Jhb - South Africa

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Register Now! Limited Seats Available!

R17, 999.00 Per Delegate

Course Introduction

By the end of this Governance, Risk and Compliance Masterclass, participants will be able to:

  • Understand the concepts of governance, risk management and compliance (GRC)
  • Understand the regulatory environment.
  • Appreciate the reasons why governance is essential for effective regulatory compliance risk management.
  • Identify high-risk areas and compliance in your organization.
  • Apply Risk-based Approach.
  • Articulate the role of the compliance officer and his team.
  • Develop and implement a governance, risk management and compliance strategic plan.
  • Understand, define, and enhance organizational culture as it relates to performance, risk, and compliance.
  • Implement governance, risk management and compliance processes that are effective and efficient Use a risk-based audit approach.

Course Objectives

Upon completion of Contract Risk Management course, participants will be able to:

  • Understand how to develop an integrated risk management process for all your contracts/project to reduce business risk.
  • Appreciate how to obtain a realistic contingency for your contracts so as to improve competitiveness as a tenderer or for obtaining project funding.
  • Use risk management with the parties pre and post contract to gain better contract outcomes.
  • Quantify issues to enhance quicker and more commercially focused contract negotiations.
  • Develop contracts that are more equitable using risk management.
  • Learn to use risk processes to ensure the contract is robust (or to find its weaknesses)
  • Integrate safety risk management processes that flow from principal to designer, contractor and operators/maintainers.

Who should attend?

  • Executives and Board Members
  • Internal Auditors
  • Compliance Officers / Managers and their Deputies
  • Governance Professionals
  • Risk Managers
  • GRC Professionals
  • Legal Professionals
  • Regulatory Representatives
  • Company Secretaries
  • IT Professionals dealing with governance, risk management and compliance

Training Outline

Module 1 – Introduction Governance, Risk and Compliance (GRC)

  • An Overview of the Regulatory Environment
  • International Regulation
  • Know Your Regulator
  • Compliance Environment in South Africa
  • Compliance Function in Your Organisation
  • Compliance Risk Assessments
  • Fraud Risk Assessment
  • Organizational Risk Assessment
  • Compliance Gap Analysis

Module 2 – Corporate Governance

  • Definition of Corporate Governance
  • Objectives and outline of King IV
  • Fundamental Role and duties of the Governing Body
  • Promotion of Diversity
  • Composition of the governing body
  • Committees of the governing body
  • Chairing of the governing body
  • Regulatory requirements
  • Delegation to management
  • Performance evaluations

Module 3 – Risk Management

  • Introduction to Risk
  • Risk Scenario Components
  • Risk Assessment, Risk Treatment
  • Risk Management Process
  • Enterprise Risk Management
  • Risk Management Challenges
  • Risk Management – ISO 31000
  • COSO ERM
  • Enterprise Risk Management Components
  • Goals of an ERM Program
  • Common Challenges in ERM Implementation

Module 4 – Compliance Management

  • The Compliance Challenge
  • What is Compliance?
  • Conformity Assessment
  • The South African Regulatory Landscape
  • Frameworks and Standards Landscape
  • Compliance Framework
  • Australian Compliance Standard – AS 3806
  • Compliance Elements
  • Identifying Compliance Requirements
  • Developing Common Control
  • Mapping Controls
  • Compliance Implementation Approach

 Module 5 – Governance, Risk Management and Compliance implementation

    • Concepts of the Model of ‘Governance’, ‘Risk’ and ‘Compliance’ (GRC)
    • Principles of Governance, Risk and Compliance
    • Governance, Risk Management and Compliance Roles and Responsibilities
    • Governance, Risk Management and Compliance Integrated Approaches and their Key Enablers
    • Role and Responsibilities of Board and Committees
    • Selective Best Practices
    • Building an Effective Model of Governance, Risk and Compliance in Your Organisation

End of the workshop

IN HOUSE AND ONLINE TRAINING

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While both In-House and Online training can present with cost-effectiveness and time-efficacy, there are some very specific differences between in-house courses and those based online.
The demand for additional courses by individuals or groups of people is increasing. Still, it depends entirely on the preferences of a person what type of training he or she wants to receive. Online courses and in-house training carry some similarities but they are considered to exhibit some very pivotal differences too. Despite that, both types of learning can be really beneficial for attendees.

For Registration and other Training arrangements,
contact us on the detail below.

SOUTH AFRICA : +27 11 057 6001
TANZANIA Cell: +255 769 688 544
WhatsApp +27 79 574 0389
info@bmktraining.co.za / www.bmktraining.com