Overview

This course provides a roadmap to develop, implement and sustain an integrated GRC infrastructure to help participants implement and maintain a GRC framework. Many organizations have implemented selected components of a GRC framework, but the challenge remains to integrate the disparate components. Those attending this course will examine ways of building, sustaining, and reviewing GRC programs.

Learning Options

Below are the available learning options for this course:

AuditPro

Online On-Demand

This course is available through AuditPro — a subscription-based, on-demand learning platform. As a subscriber, you will have access to an ‘all you can watch’ library of courses that are built in alignment with the National Association of State Boards of Accountancy (NASBA) standards.

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Enterprise Solutions

Tailored Experience

Bring this course to your organization at your convenience. ACI Learning can deliver this instructor-led course for your team at a chosen location or virtually. Alternatively, choose the topic(s) you need and ACI will craft a training solution to keep your team future-proof.

Customize your training

NASBA Certified CPE

24 Credits

Auditing

Why you should take this course

For users with an intermediate knowledge of this topic, and are searching for a deeper understanding of its evolving complexities.

Who should take this course

Chief Compliance Officers, Chief Audit Executives, Audit Directors and Managers; Chief Risk Officers and Chief Ethics Officers; Internal and External Auditors, and anyone with GRC responsibilities.

Prerequisites

Auditing for In-Charge Auditors
Managing the Internal Audit Department
or equivalent experience

1. Overview

• Development and Evolution of Governance Frameworks

• The Role of Internal Audit in Governance

• The Rise of the Frameworks

• Pre-GRC Implementation

2. COSO Internal Control Framework

• Objectives

• Components and Principles of Internal Control

3. COSO Enterprise Risk Management Framework

• Risk Management Components

• Risk Management Principles

4. Effective Compliance and Ethics Programs

• Why It Matters

• What is an Effective Program?

5. GRC Overview

• Principled Performance

• What is GRC? What Does it Look Like?

6. GRC Capability Model Element View

• Elements of GRC

7. Component 1 – Learn

• External Context

• Internal Context

• Culture

• Stakeholders

• Considerations

8. Component 2 – Align

• Direction

• Objectives

• Identification

• Assessment

• Design

• Considerations

9. Component 3 – Perform

• Controls

• Policies

• Communication

• Education

• Incentives

• Notification

• Inquiry

• Response

• Considerations

10. Component 4 - Review

• Monitoring

• Assurance

• Improvement

• Considerations

11. Wrap Up

• Post GRC Implementation

• Alignment of Frameworks

• GRC Technologies

• Resource

The learner will be able to develop internal audit procedures in alignment with GRC capabilities.
The learner will be able to define and describe various governance frameworks that help organizations mitigate risks and achieve objectives.
The learner will be able to identify, describe, and apply the components and elements of the GRC Capability Model.
The learner will be able to outline various considerations and practices for the individual elements of the GRC Capability Model.
The learner will be able to locate and access supplemental resources on GRC and other governance frameworks.

ACI Learning is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.