Risk And Compliance

The aim of this module is to develop and extend an understanding of the concepts of management of risk and compliance in the context of good governance. It also aims to enable participants to write the CGISA Board examination.

Course Outcomes:

• Based on critical assessment, advise on the use of risk and compliance frameworks as a basis for appraising, evaluating, and supporting risk and compliance management
• Critically compare and evaluate approaches to risk and compliance management
• Evaluate and critically assess the management of risk and compliance and provide professionally appropriate advice to those responsible for governance
• Critically examine and advise on the impact of the business environment on risk and compliance with regard to legislation, policy and industry changes
• Critically evaluate the impact of corporate conduct, behaviours and culture on risk and compliance management practices.

Course Content:

• An overview of the global risk and compliance environment.
• Regulatory frameworks.
• Risk management frameworks and introduction to risk management standards.
• The concepts and definitions of risk and risk management. Compliance frameworks, governance structures and international leading practice regarding compliance governance.
• Risk architecture, strategy, and protocols. Compliance strategies.
• Risk identification, assessment, analysis and evaluation and risk reporting.
• Risk culture, appetite, and tolerance.
• Compliance management methodologies, tools, and techniques.
• Risk responses and risk treatment.
• Reports on compliance-related issues.
• Risk and organisations, including an introduction to corporate governance, project and operational risk management, and supply chain management.
• Risk and compliance management in the public sector.
• Emerging trends and future developments in risk and compliance management.
• The design and creation an infrastructure (identification of the necessary elements) to encourage appropriate behaviours.