BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Eventin//Event Calendar//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
BEGIN:VEVENT
UID:d0bc099a00c86dc56c40f82929511377@egytraining.org
SUMMARY:Professional Governance\, Risk &#038\; Compliance (GRC)
DESCRIPTION:Introduction\nCorporate governance and risk management are crit
 ical areas that have recently attracted more attention in business schools 
 and among legislators\, with this trend continuing to grow. While different
  models exist for corporate governance and risk management\, all of them ai
 m to structure the relationship between the organization and its stakeholde
 rs\, while effectively controlling risks. More importantly\, "Governance\, 
 Risk Management\, Compliance\, and Effective Internal Controls" are all int
 erconnected within one system. Unfortunately\, not all companies adopt this
  forward-thinking approach. This course explores the structure of boards\, 
 committees\, and their functions\, while also covering the detailed process
  of managing risks according to the Committee of Sponsoring Organizations o
 f the Treadway Commission (COSO) guidelines. Additionally\, the course cove
 rs internal controls used to respond to risks in various areas of the organ
 ization\, along with compliance as per the latest developments.\nCourse Obj
 ectives\n\nDefine corporate/public governance and its relation to risk mana
 gement and internal controls.\nUnderstand the roles and responsibilities of
  various stakeholders in private or public organizations.\nIdentify and com
 pare different corporate governance models and their functions.\nUnderstand
  risk management areas and how both internal and external environmental cha
 nges affect these areas.\nIdentify appropriate controls to implement across
  different business cycles to ensure compliance and mitigate risk.\n\nCours
 e Outlines\nDay 1: Overview of Governance\, Risk Management\, and Internal 
 Controls\n\nDefinition of Corporate/Public Governance: Explore the meaning 
 of corporate governance\, its scope\, and importance in both public and pri
 vate sectors.\nCore Principles of Corporate Governance: Discuss essential p
 rinciples such as transparency\, accountability\, and fairness that underpi
 n effective governance.\nCode of Conduct and Ethics: Study the importance o
 f establishing a strong ethical framework within the organization.\nBoard o
 f Directors: Understand the role of the board in overseeing risk management
  and ensuring compliance with governance standards.\nAudit and Other Commit
 tees: Learn about the role of audit committees and other governance-related
  committees in maintaining internal controls.\nStakeholders in Corporate Go
 vernance: Examine the rights of shareholders\, the duties and rights of dir
 ectors\, and the role of auditors (internal and external) in ensuring gover
 nance and compliance.\n\nDay 2: Functions of Corporate/Public Governance\n\
 nIndependence of the Board: Discuss the importance of an independent board 
 for ensuring unbiased decision-making.\nSelection\, Remuneration\, and Eval
 uation: Learn how boards are selected\, evaluated\, and compensated\, and w
 hy this is crucial for governance effectiveness.\nAnalyzing the Governance 
 System: Evaluate the current governance system of an organization to identi
 fy areas of improvement.\nDisclosure and Transparency: Explore the practice
 s of transparency and disclosure that enable accountability within governan
 ce structures.\nIntroduction to Compliance: Understand the concept of compl
 iance\, its importance\, and practical examples in different industries.\n\
 nDay 3: Enterprise Risk Management\n\nRisk Perception: Discuss the signific
 ance of risk perception and why organizations must care about managing risk
 s.\nInternal and External Environmental Changes: Study how shifts in both i
 nternal (organizational culture\, structure) and external (economic\, polit
 ical) environments impact risk management.\nRisk Management Areas:\n\nStrat
 egic Risks: Focus on the risks that impact long-term strategy.\nOperational
  Risks: Examine risks that affect daily business operations.\nReporting Ris
 ks: Address the risks related to financial and non-financial reporting.\nFi
 nancial Risks: Discuss risks that impact the financial health of the organi
 zation.\nHealth and Safety Risks: Understand the importance of managing ris
 ks related to workplace safety and employee well-being.\n\n\n\nDay 4: Risk 
 Management Process According to COSO Guidelines\n\nInternal Environment: Di
 scuss the impact of the organizational culture and environment on risk mana
 gement.\nObjective Setting: Learn how to set objectives that align with ris
 k management goals.\nEvent Identification: Identify events and factors that
  could potentially affect the organization’s objectives.\nRisk Assessment
 : Gain insights into methods for assessing risk\, both qualitatively and qu
 antitatively.\nRisk Response: Understand strategies for mitigating\, transf
 erring\, accepting\, or avoiding risks.\nControl Activities: Learn about th
 e internal controls that help mitigate identified risks.\nInformation and C
 ommunication: Discuss the importance of effective communication and informa
 tion sharing in managing risks.\nRisk Monitoring: Explore how to monitor ri
 sk management processes and evaluate their effectiveness over time.\n\nDay 
 5: Implementing Controls in Business Cycles\n\nControls in the Purchase and
  Payment Cycle: Learn about the controls needed to ensure transparency and 
 accuracy in the purchase and payment processes.\nControls in Inventory and 
 Costing Cycle: Understand the key controls in managing inventory and costin
 g to reduce risks.\nControls in HR and Payroll Cycle: Explore internal cont
 rols in human resources and payroll cycles to ensure compliance and prevent
  fraud.\nControls in Sales and Collection Cycle: Discuss the controls neces
 sary to maintain accurate records in sales and collections processes.\nCont
 rols in Fixed Assets Lifecycle: Study how to implement controls to ensure t
 he proper management of fixed assets throughout their lifecycle.\n\nWhy Att
 end This Course: Wins & Losses!\n\nDevelop expertise in Governance\, Risk\,
  and Compliance (GRC): This course provides you with a comprehensive unders
 tanding of the GRC framework\, enabling you to manage corporate governance\
 , risk\, and compliance effectively.\nLearn best practices in Corporate Gov
 ernance: You will acquire in-depth knowledge of corporate governance models
  and the processes that ensure compliance and internal controls are in plac
 e.\nStrengthen your risk management skills: Gain the ability to identify\, 
 assess\, and respond to risks in various organizational contexts\, improvin
 g decision-making and strategic planning.\nUnderstand the latest developmen
 ts in compliance: Stay up-to-date with the latest regulatory requirements a
 nd understand how to implement them within your organization.\nEnhance your
  professional capabilities: Whether you are a corporate secretary\, complia
 nce officer\, or risk manager\, this course will provide valuable insights 
 and practical tools to excel in your role.\n\nConclusion\nCorporate governa
 nce\, risk management\, and compliance are essential components of any succ
 essful organization. By attending this course\, you will acquire the knowle
 dge and skills necessary to implement effective governance structures\, man
 age risks efficiently\, and ensure compliance within your organization. Thi
 s course will not only enhance your understanding of GRC principles but als
 o equip you with practical tools and techniques to apply in your profession
 al environment. Whether you are a corporate governance professional\, a ris
 k management expert\, or someone looking to develop a career in GRC trainin
 g\, this course will provide you with the expertise needed to thrive in tod
 ay’s complex business world.
LOCATION:Dubai
DTSTAMP:20260614T234553Z
DTSTART:20260809T034500Z
DTEND:20260822T210500Z
END:VEVENT
END:VCALENDAR