governance, risk management & internal control

Course Tittle:              Governance, Risk Management, and Internal Control

Course Period:            10 Weeks

In today’s complex and rapidly changing business environment, organizations face an array of governance, risk and compliance (GRC) challenges that can significantly impact their performance, reputation and sustainability if not adequately addressed. To tackle these challenges, more and more organizations are recognizing the importance of taking an integrated approach to GRC.

Our “Governance, Risk Management, and Internal Control” course will provide participants with an understanding of globally accepted GRC frameworks and how they can be applied to drive higher levels of business performance and improved short-, medium- and long-term business sustainability.

The course will also guide participants on the understanding of how GRC aspects can be incorporated into their business management environment and tech them how to improve organizational performance through an understanding of key topics including:

  1. Overview of governance, risk management, and internal control,
  2. Corporate governance structure and mechanism,
  3. Risk management processes,
  4. Internal control system,
  5. Integration of governance, risk management, and internal control,
  6. Emerging trends and future developments in governance, risk management and internal control, and
  7. Case studies and practical applications of governance, risk management and internal control

Course Modules 1 – 8

Module 1: Introduction to Governance, Risk Management, and Internal Control

  1. Overview of corporate governance principles and best practices
  2. Introduction to risk management frameworks and concepts
  3. Importance of internal control systems in organizations

Module 2: Corporate Governance Structures and Mechanisms

  1. Role of the board of directors in governance
  2. Shareholder rights and responsibilities
  3. Business ethics and corporate social responsibility
  4. Nigerian Code of Corporate Governance
  5. OECD Corporate Governance Principles
  6. International Corporate Governance Code
  7. IT Governance

Module 3: Risk Management Processes

  1. Identification, assessment, and mitigation of risks
  2. Risk appetite and tolerance levels
  3. Implementing risk management strategies
  4. Enterprise risk management framework
  5. Operational risk management in financial institutions

Module 4: Internal Control Systems

  1. Internal control environment, including control activities and monitoring
  2. Establishing and evaluating control processes
  3. Compliance and regulatory requirements
  4. Anti-bribery management system
  5. Whistleblowing management system

Module 5: Integration of Governance, Risk Management, and Internal Control

  1. Aligning governance, risk management, and internal control functions
  2. Collaboration between management, internal audit, and external stakeholders
  3. Reporting on governance and risk management activities
  4. Combined assurance

Module 6: Emerging Trends and Future Developments

  1. Technology and innovation in governance and risk management
  2. Global trends impacting governance and internal control practices
  3. Predictions for the future of corporate governance and risk management.

Module 7: Case Studies and Practical Applications

  1. Root course analysis
  2. Real-world examples of successful governance, risk management, and internal control practices
  3. Challenges and solutions in implementing effective governance structures
  4. Best practices for managing risks and improving internal controls

Module 8:        Practical Session

  1. Examples,
  2. Illustrations,
  3. Case Studies, and
  4. Capstone Project.

Attendance is either by Physical or Virtual

Venue:             Suite 15, Kenneibeh Plaza, New Nyanya, Karu LGA, Nasarawa – Nigeria

For virtual participants, after verification of payment, a link will be sent to them for the purpose of the training.

Course Fee:

Physical Attendance                               –          N350,000

Virtual Attendance                                  –           N300,000

 Goddmmaste Consulting, Investment Company Ltd

Account Number:                   1016356752

Bank Name:                            Zenith Bank Nigeria

Contact:

Email:               goddmmastecicltd@gmail.com  &  goddmmastecic@yahoo.com

Phone:              +2348063569341  &  +2348094860494

WhatsApp:        +2348063569341