An Interactive 5-Day Training Course
Certificate in Advanced Governance, Risk & Compliance (GRC)
How Your Corporation is Managed, Commanded & Controlled
Course Overview
This Certificate in Advanced Governance, Risk & Compliance (GRC) training course will explain Corporate Governance and its main tools of Compliance, Internal Audit and Risk Management together with its benefits, barriers, and proper implementation.
Good governance does not only build trust but also improve organizations performance and contributes to social and environmental integrity by providing organizations the tools they need to govern well, enabling them to perform effectively while behaving ethically and responsibly.
This GLOMACS Certificate in Advanced Governance, Risk & Compliance (GRC) training course will highlight:
- Realize relationship among Risk Management, Internal Audit and Compliance
- Understand fundamental concepts of Corporate Governance, its principles and content elements to help your organization become a Principled Performer
- Comprehend the key components of a governance framework and consider the governance requirements based on key organizational value drivers
- Enhance convergence of Corporate Governance components
- Understand risk assessment, assimilate risk taxonomies and its classification
- Implement the Compliance New Approach; Risk-based Compliance as well as the Internal Audit New Approach: Risk-based Approach
Training Objectives
At the end of this Certificate in Advanced Governance, Risk & Compliance (GRC) training course, you will learn to:
- Align your GRC structures perfectly well
- Improve risk management function and expanding compliance function
- Assist in formulating governance committees
- Learn GRC fundamentals, rules and principles
- Integrate and align corporate governance through adopting effective methods
- Assimilate how to provide assurance on GRC activities.
Who should Attend?
This training has been researched and developed for professionals who are involved in the different aspects of corporate governance in the technical and non-technical departments in every functional area of responsibility in all industries.
This GLOMACS training course is suitable to a wide range of professionals but will greatly benefit:
- Directors, Managers and Superintendents within governance activities
- Board Members and Strategic Planners
- Legal Counsels, Corporate Legal Advisors and Corporate Secretaries
- Risk Managers, Compliance Managers and Internal Audit Managers
- Financial Controllers, Chief Accountants & Managers involved in driving GRC business
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
Training 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
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA 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.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
Sessions in international locations
Online Sessions
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