Introduction

Organisations operate in increasingly complex environments shaped by regulatory change, stakeholder expectations, digital transformation, and emerging risks. Effective governance and robust oversight have become essential for maintaining organisational integrity, resilience, and long-term success.

Advanced Governance, Risk & Compliance (GRC) training course strengthens enterprise-wide governance integration, risk intelligence, compliance effectiveness, and board-level oversight capabilities.

Successful organisations recognise that governance, risk management, compliance, and assurance functions cannot operate in isolation. This training course provides practical guidance on aligning these disciplines to improve decision-making, strengthen accountability, and support sustainable organisational performance in a rapidly evolving business environment.

Key focus areas of this Advanced Governance, Risk & Compliance (GRC) training course include:

Key Learning Outcomes

At the end of this Advanced Governance, Risk & Compliance (GRC) training course, participants will be able to:

Training Methodology

This training course combines expert-led instruction, interactive learning, group discussions, practical exercises, applied scenarios, and real-world examples. Participants will examine governance frameworks, risk models, compliance practices, and assurance methodologies to strengthen their professional judgement and organisational decision-making capabilities.

Advanced Governance, Risk & Compliance (GRC)

Who Should Attend?

This Advanced Governance, Risk & Compliance (GRC) training course is designed for:

  • Governance Managers
  • Risk Managers
  • Compliance Officers
  • Internal Auditors
  • Assurance Managers
  • Corporate Governance Officers
  • Board Secretaries
  • Risk and Control Managers
  • Chief Risk Officers
  • Compliance Managers
  • Audit Managers

Course Outline

Day 1

Corporate Governance and its Tools: Risk Management, Compliance & Internal Audit

  • Corporate governance, definition, concept, rules, principles
  • What are the barriers and obstacles to actually enforce it?
  • How to implement corporate governance in reality?
  • Board’s committees, roles and responsibilities
  • Identifying the audit committee role and responsibilities
  • Risk management, compliance & internal audit overlapping & how to overcome it?
  • Cooperation & collaboration among this triangle functions
  • Main thoughts to improve corporate governance
Day 2

Risk Management, All You Need To Know About It

  • Risk management fundamental concepts, universe & principles
  • Risk management framework, policies, methodologies and infrastructure
  • Risk management limitations with traditional approaches to risk management
  • Key performance indicators (KPI) vs. Key risk indicators (KRI)
  • What is a risk register & how to create one?
  • Business continuity planning vs. Disaster recovery plan
  • Risk control self-assessment (RCSA)
  • Role & responsibilities of the risk champions
Day 3

Identifying Different Categories of Organizational Risks in your Organization

  • Financial risk / credit risk / liquidity risk
  • Operational risk
  • Non-compliance risk
  • Systematic risk vs. Systemic risk
  • Political risk / sovereign risk / country risk
  • Strategic risk / legal risk / reputational risk
  • Fraud risk / ethical behavior risk / criminal behavior risk
  • ESG, digital, cyber, and technology risks
Day 4

Risk-Based Compliance & Risk-Based Internal Audit

  • Compliance new approach, risk-based compliance
  • Role, duty, objective and responsibility of a compliance officer
  • What is the specific profile for a compliance officer?
  • Money laundering threats and methods & terrorist financing threats and methods
  • What is risk-based internal auditing? How & why audit units move into risk based audit
  • The transition from system-based to risk-based internal auditing
  • Risk-based audit approach and risk-based audit methodology
  • Auditing the control environment
Day 5

Role of The Board Towards Strengthening & Augmenting Governance Process

  • Role of the board
  • Business plan vs. Strategic plan
  • Strategic planning and strategic management
  • Risks in focus 2025 and how organizations can tackle
  • Controlling fraud, the fraud triangle and the fraud diamond
  • Auditing corporate governance
  • OMBUDS process (whistleblowing)
  • Business and financial lessons learnt

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FAQs

This training course provides professionals with an integrated understanding of governance, risk management, compliance, and internal audit functions. It focuses on how these disciplines work together to improve oversight, protect organisational value, support regulatory compliance, and enhance strategic decision-making across the enterprise.

Organisations face interconnected risks that often span multiple functions and business units. An integrated GRC approach helps create consistency in risk oversight, improves communication across governance functions, reduces duplication of effort, and provides leadership with a clearer view of organisational performance, risk exposure, and compliance obligations.

Participants will explore risk management frameworks, methodologies, governance structures, and practical techniques used to identify, assess, monitor, and manage risks. The course also examines strategic, operational, financial, compliance, ESG, cyber, and reputational risks that can affect organisational performance and resilience.

A significant portion of the course focuses on risk-based compliance and risk-based internal auditing. Participants will learn how compliance and audit functions contribute to governance effectiveness, support assurance activities, and help organisations respond proactively to regulatory and operational challenges.

The course examines the roles and responsibilities of boards, board committees, governance officers, and executive leadership teams. Participants gain insights into effective oversight practices, governance accountability, strategic planning, fraud prevention, whistleblowing mechanisms, and assurance processes that support informed board decision-making.

The course is designed for governance professionals, risk managers, compliance officers, internal auditors, assurance specialists, board secretaries, risk and control managers, and professionals with responsibility for oversight, governance, and organisational resilience. It is also highly valuable for individuals preparing for senior leadership positions within GRC functions.

GRC Academy training courses are delivered in leading international business destinations, including London, Amsterdam, and Dubai. Sessions are hosted in carefully selected four- and five-star business hotels with professional meeting facilities that support focused learning, interaction, comfort, and confidentiality.

View All Training Locations

GRC Academy provides both online and in-person options for all our training courses. Participants may join interactive virtual sessions or attend scheduled courses in major international locations, allowing them to select the option that best suits their professional commitments and availability.

GRC Academy develops customised in-house training courses that address each organisation’s strategic priorities, operational environment, and workforce capability requirements. Our team works closely with clients to tailor the course content, learning outcomes, and practical emphasis.

These tailored courses are designed to strengthen organisational capability, improve team performance, and support measurable and sustainable outcomes. For customised in-house training enquiries, please contact the GRC Academy Customer Service team at [email protected]

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