Board Governance – GRC

Course Outcomes

1. Gain a solid understanding of Governance, Risk, and Compliance (GRC) and its importance for organizational success.
2. Understand the fundamental principles of corporate governance, including board structures, roles, and responsibilities.
3. Familiarize yourself with key governance guidelines, frameworks, and standards, enabling you to align your organization’s practices with recognized best practices.
4. Develop a comprehensive understanding of the risk management process, from risk identification and assessment to mitigation and monitoring.
5. Acquire knowledge about compliance management, including relevant legislation and develop skills to implement effective compliance programs.
6. Learn from real-world case studies and engage in interactive discussions to apply the concepts learned in practical scenarios.
7. Obtain practical tools and strategies to enhance governance, risk management, and compliance practices within your organization.

Course Program

Introduction to Board Governance, Risk, and Compliance

• Defining Governance, Risk, and Compliance (GRC)
• Importance of GRC for Organizations
• Key Benefits of Effective GRC Practices

Corporate Governance

• Board Structures and Composition
• Board Roles and Responsibilities
• Board Committees and Their Functions (Audit Committee, Governance Committee)
• Best Practices in Corporate Governance across the world
• Case Studies and Interactive Discussions with online quizzes

Governance Guidelines, Frameworks, and Standards

• Overview of Governance Guidelines and Codes (King IV Report, OECD Principles)
• Frameworks for Effective Governance (COSO ERM, ISO 31000)
• Understanding Governance Standards and Their Application
• Aligning Governance Practices with Organizational Goals
• Assessing and Enhancing Governance Performance

Risk Management

• Introduction to Risk Management
• Key Elements of Risk Management Process
• Identifying and Assessing Risks
• Risk Mitigation Strategies and Controls
• Monitoring and Reporting on Risks
• Integrating Risk Management with GRC Frameworks
• Case Studies and Practical Exercises with online quizzes

 Compliance Management and Relevant Legislation

• Overview of Compliance Management
• Understanding the relevant legislation (Companies Act) and Its Impact
• Key Compliance Requirements and Obligations
• Developing and Implementing an Effective Compliance Program
• Compliance Monitoring and Reporting
• Ensuring Ethical Conduct and Preventing Fraud
• Case Studies and Best Practices in Compliance Management with online quizzes

Presenter

Deon van der Westhuizen (CIA, CA(SA), CTA)

Owner of several GRC businesses with more than 40 years’ experience.  Influencer on ethical transparent leadership, disruptor of strategic redesign around people, profit and planet, value creator in the AI and ESG space, consultant on Commonwealth-funded African projects around risk and integrated reporting.  International speaker and consultant on issues of Governance, Risk, Combined Assurance, ESG and Supply Chain Sustainability. Shaping the future through our ESG projects in the mining, agriculture and education space in partnership with Net Zero Nexus, Digitree, Agile Online Learning and MuniratingSA.