Governance, Risk and Compliance (GRC)

Corporate governance and risk management are critical topics that have recently started attracting more attention in business schools and among legislatures, with this trend only increasing. While there are different corporate governance and risk management models, they all aim to organize the relationship between the company and stakeholders and effectively control risks.  What is more important is that 'Governance, Risk Management, Compliance, and Effective Internal Controls' are all part of one system. Unfortunately, not all companies have this avant-garde look towards this system. This course includes discussions about board structure, committees, and their functions while covering the detailed process of managing risks as per the Committee of Sponsoring Organizations of the Treadway Commission (COSO) requirements. In addition, the course includes a discussion on internal controls that are used to respond to the risks in different areas of the corporation. Compliance is also covered per the latest developments. PrerequisitesNone — open to managers at all levels