Treat governance, risk management and compliance as three separate departments doing three separate jobs, and gaps open up exactly where accountability matters most. This course from the Arab British Fellowship Training Academy starts from the opposite premise: that GRC only works as one connected system, and builds board structure, risk process and compliance practice around that idea.

Participants examine how boards and committees are structured, walk through the risk management process in detail, and look at the internal controls organisations use to respond to risk across departments, along with where compliance obligations are heading next.

Who Should Attend

• Board members, general managers and executives.
• Financial managers, and internal and external auditors.
• HR managers and department heads.
• Anyone with a professional interest in governance, risk and compliance.

What You Will Master

• The concept and importance of governance in organisations and companies.
• Core risk management concepts and how to apply them effectively.
• Why compliance and adherence to laws and regulations matter.
• How to build and implement a GRC strategy across an organisation.
• How to evaluate and monitor organisational performance against standards and regulations.

Module 1: Understanding Organisational Risk

• Definition and types of risk in organisations
• Why risk management improves organisational performance
• Tools and methods for identifying and assessing risk, qualitatively and quantitatively
• Analysing the impact of risk on organisational objectives

Module 2: Governance Foundations and Legal Frameworks

• Definition, objectives and principles of good governance
• Organisational structure and management roles in governance
• Local and international legislation affecting governance, and the role of regulatory authorities
• Governance and organisational sustainability

Module 3: Responding to Risk and Enterprise Risk Management

• Risk response strategies: avoidance, reduction, transfer or acceptance
• Building and updating an effective risk management plan
• Enterprise Risk Management (ERM) systems: definition, implementation steps and tools

Module 4: Compliance - Concept and Framework Design

• Definition of compliance and how it differs from governance
• Why compliance matters for transparency and integrity
• Designing organisational compliance policy, and the role of senior management
• Tools and methods for monitoring compliance

Module 5: Bringing GRC Together

• The concept of GRC integration
• How integration improves organisational performance
• Leadership's role in supporting GRC integration

Module 6: Internal and External Auditing

• The role of internal auditing in ensuring compliance
• Differences between internal and external auditing
• Using audit results to improve governance and risk management

Module 7: Technology's Role in Governance and Risk

• How technology enhances governance transparency and compliance
• Specialised software for risk and compliance management
• Using big data for risk analysis and tracking policy implementation

Module 8: Digital Transformation Across GRC

• Applications of digital transformation in strengthening corporate governance
• How automation improves risk management and generates updated risk reporting
• Integrating risk management systems with modern technology to reach sustainable GRC goals