Governance, Risk and Compliance (GRC): Putting it all Together

Boards and management teams are charged with preserving and growing shareholder value. While on the same team, they have different roles towards reaching this ultimate objective. At the heart of their duties are governance, risk and compliance practices. Poor execution can be detrimental to shareholders and stakeholders alike. A public misstep could lead to reputational damage, which is arguably the most important asset an organization has. This training explores each of these big-three components of GRC in detail, as well as a holistic approach for effective implementation. Topics covered include:

• Definitions of governance, risk and compliance
• Benefits of strong corporate governance
• Introduction to governance frameworks
• Company level controls
• The importance of information and decision rights
• PCAOB & SEC guidance to companies & auditors
• Overview of enterprise risk management (ERM)
• Federal sentencing guidelines
• Sarbanes-Oxley: section 301 regarding audit committees
• Mitigating fraud & whistle-blowing provisions
• Corporate governance ratings
• NYSE & NASDAQ listing requirements
• IT governance
• Continuous monitoring
• A holistic approach to GRC