ACGRCAdvanced Certificate in Governance, Risk & Compliance
Course Overview
The Advanced Certificate in GRC is a comprehensive program designed to equip existing and aspiring board members, committee members, C-suite including risk, compliance and internal audit professionals with the knowledge and strategic tools necessary to oversee governance, risk management, and compliance in dynamic organizations. The program builds on foundational GRC concepts, exploring them at an advanced strategic level to address emerging challenges and ensure alignment with organizational goals. With an emphasis on practical applications, the course includes interactive exercises, case studies, and real-world scenarios to prepare participants for their roles as effective stewards of organizational oversight.
The program is structured into eight modules, each targeting a specific area of GRC. Participants will gain a deep understanding of the roles and responsibilities of board and committee members, develop financial acumen for decision-making, and learn to integrate GRC into broader organizational strategy. From understanding governance structures and financial oversight to addressing emerging trends like ESG and cybersecurity, this course offers a holistic approach to GRC. By the end, participants will have the ability to influence positive organizational outcomes and create a culture of integrity and accountability.
Note: This course includes an additional 1-day online Capstone Presentation & Strategic Discussion session, integrated as part of the complete learning experience.
Key Takeaways
Certifications
Course Outline
- Governance, Risk, and Compliance (GRC) overview.
- The Three Lines Model and its strategic implications for oversight and accountability.
- Ethical leadership and organizational integrity.
- Key frameworks and standards (e.g., COSO, ISO 31000, ISO 37301).
- Aligning GRC with organizational vision, mission, and strategy.
- Strategic responsibilities of the board, including setting vision and monitoring executive performance.
- Oversight of governance, risk, compliance, and performance accountability.
- Building stakeholder trust through transparency and accountability.
- Practical examples of effective board governance in complex organizations.
- Strategic oversight of financial reporting and internal controls.
- Ensuring adherence to Global Internal Audit Standards (GIAS).
- Monitoring the quality and impact of internal audit reports.
- Reviewing and aligning internal and external audit plans.
- Oversight of fraud detection and prevention initiatives.
- Strategic oversight of compliance frameworks and risk management.
- Monitoring regulatory risks and preparing for regulatory changes.
- Embedding compliance into organizational culture and processes.
- Leveraging technology (dashboards, analytics, AI) for compliance monitoring.
- Case studies of successful compliance programs.
- Strategic oversight of enterprise risk management (ERM).
- Developing and monitoring the organization’s risk appetite and tolerance.
- Addressing emerging risks, including cybersecurity, ESG, and market volatility.
- Reviewing scenario planning and stress tests at a strategic level.
- Real-world examples of risk governance at the committee level.
- Strategic oversight of succession planning and leadership development.
- Aligning executive compensation with organizational objectives and KPIs.
- Overseeing diversity, equity, and inclusion initiatives.
- Case studies illustrating NRC’s strategic role in enhancing organizational effectiveness.
- Strategic insights from financial statements (income statement, balance sheet, and cash flow).
- Evaluation of key financial ratios for decision-making.
- Identifying financial risks and ensuring financial sustainability.
- Linking financial oversight to governance responsibilities.
- Lessons from financial oversight failures and successes.
- Creating unified GRC frameworks to break silos and improve oversight.
- Leveraging technology for GRC integration.
- Effective communication strategies for stakeholders.
- Successful integration of GRC in global organizations.
- Strategic planning tools such as SWOT, PESTEL, and scenario analysis.
- Aligning strategy execution with GRC priorities.
- Monitoring strategic risks and ensuring risk-adjusted strategies.
- Board-level decision-making in high-stakes environments.
- Defining and monitoring key performance indicators (KPIs) for boards and committees.
- Evaluating governance effectiveness through structured assessments.
- Driving accountability and continuous improvement.
- Examples of high-performing governance structures.
- Integrating environmental, social, and governance (ESG) considerations into strategy.
- Oversight of cybersecurity and data privacy risks.
- Managing crises and ensuring business continuity.
- Strategic governance of artificial intelligence and digital risks.
- Governance responses to emerging trends and disruptions.
- Role-playing scenarios for Audit, Risk, Compliance, and NRC committees.
- Financial oversight simulations for strategic decision-making.
- Crisis management exercises at the board level.
- Tackling governance challenges with real-world ethical dilemmas.
- Developing and presenting a strategic GRC roadmap.
- Introduction to the Capstone: purpose, expectations, and alignment with course learning
- Guidelines on developing strategic GRC-focused projects
- Structuring a Capstone: defining scope, objectives, and outcomes
- Support materials and templates for project design
- Peer review setup and mentoring checkpoints
- Participant-led Capstone project presentations
- Panel feedback and peer evaluation
- Group discussion and analysis of applied GRC strategies
- Facilitated exchange of lessons learned and implementation challenges
- Reflective wrap-up and strategic action planning
Side Note: It will be an online classroom.
Who Should Attend?
→ Board Members / Directors
→ Board Committee Members
→ Chief Compliance Officers
→ C-Level Executives
→ Global / Country Heads of Compliance and Risk