Governance, Risk, and Compliance Audit (GRCA) Certification Training Program (GBMLC27377)

Program Objective:

To deliver a comprehensive training program that equips participants with the necessary knowledge and skills to pass the Governance, Risk, and Compliance Audit (GRCA) certification exam offered by OCEG, and to apply GRC auditing principles effectively within their organizations.

Target Audience:

• Internal auditors
• Risk management professionals
• Compliance officers
• Governance professionals
• Managers responsible for GRC implementation and auditing

Prerequisites:

• Basic understanding of GRC principles or relevant work experience in audit, risk management, or compliance.

Program Duration:

• Total Duration: 40 hours/ 8 days (can be adapted based on participant availability)
• Format: Online or In-person (including interactive sessions, workshops, and case studies)

Training Modules:

Day 1: Introduction to GRC Auditing and OCEG

• • Overview of GRC: Definitions, Purpose, and Key Components
  • Introduction to OCEG: Mission, Vision, and the GRC Capability Model
  • Understanding the GRCA Certification: Exam Structure, Key Domains, and Preparation Tips
  • The Role of Auditing in GRC: Ensuring Integrity, Effectiveness, and Efficiency
• Learning Outcome:
  • Participants will understand the foundational concepts of GRC auditing and the relevance of the GRCA certification.

Days 2 and 3: The GRC Capability Model and its Application in Auditing

• • Deep Dive into the GRC Capability Model (Red Book)
  • Components of the GRC Capability Model: Learn, Align, Perform, Review, Adapt
  • Auditing GRC Capabilities: Frameworks and Standards
  • The GRC Architecture: Process, Information, Technology, and Culture in Auditing
  • Linking GRC Audits to Organizational Strategy and Performance
• Learning Outcome:
  • Participants will acquire a strong understanding of the GRC Capability Model and how it applies to auditing processes.

Day 4 : Governance Auditing

• • Governance Structures: Board, Committees, and Executive Oversight
  • Auditing Corporate Governance Practices
  • Ethics and Culture: Auditing for Ethical Governance
  • Aligning Governance Audits with Organizational Objectives
  • Case Studies: Best Practices in Governance Auditing
• Learning Outcome:
  • Participants will learn how to audit governance structures and practices to ensure alignment with organizational objectives and ethical standards.

Day 5 : Risk Management Auditing

• • Risk Management Frameworks: ISO 31000, COSO ERM, and OCEG GRC Model
  • Auditing Risk Identification, Assessment, and Response
  • Evaluating Risk Management Processes: Effectiveness and Efficiency
  • Monitoring and Reporting Risks: Audit Techniques and Tools
  • Case Studies: Successful Risk Management Audits
• Learning Outcome:
  • Participants will develop the skills necessary to conduct effective audits of risk management processes within their organizations.

Day 6 : Compliance Auditing

• • Understanding Regulatory Compliance: Laws, Regulations, and Standards
  • Auditing Compliance Programs: Design, Implementation, and Monitoring
  • Assessing Compliance Risks: Techniques and Methodologies
  • Investigating Non-Compliance: Auditing for Root Causes and Corrective Actions
  • Case Studies: Effective Compliance Audits
• Learning Outcome:
  • Participants will gain proficiency in auditing compliance programs to ensure adherence to legal and regulatory requirements.

Day 7 : Integrating GRC Audits into Business Processes

• • Integrating GRC Audits with Organizational Strategies and Objectives
  • GRC Audit Tools and Technologies: Best Practices and Solutions
  • Developing GRC Audit Reports: Effective Communication of Findings and Recommendations
  • Continuous Improvement: Auditing for Ongoing GRC Effectiveness
  • Case Studies: Successful Integration of GRC Audits in Organizations
• Learning Outcome:
  • Participants will learn how to integrate GRC audits into broader business processes, ensuring they contribute to continuous improvement and strategic alignment.

Day 8: Exam Preparation and Practice

• • GRCA Exam Overview: Format, Question Types, and Scoring
  • Study Techniques: Tips for Effective Exam Preparation
  • Practice Questions and Mock Exams: Realistic Exam Scenarios
  • Review of Key Auditing Concepts and Common Pitfalls
  • Q&A Session with Instructor
• Learning Outcome:
  • Participants will be thoroughly prepared for the GRCA certification exam, having reviewed key auditing concepts and practiced with exam-style questions.

Additional Resources:

• Study Guides: Detailed guides covering all GRCA domains.
• Practice Exams: Multiple sets of practice exams with explanations.
• Discussion Forums: Access to a community of learners for discussion and support.
• Instructor Support: Access to instructors for personalized guidance.

Assessment and Certification:

• Continuous Assessment: Quizzes and assignments after each module.
• Final Mock Exam: A full-length practice exam at the end of the course.
• Certification of Completion: Awarded upon successful completion of the training program.

Conclusion:

This training program is designed to ensure participants acquire the necessary knowledge and skills to pass the GRCA certification exam and apply GRC auditing principles effectively within their organizations. Through a combination of in-depth modules, practical exercises, and exam preparation, participants will be well-prepared to achieve certification and excel in their professional roles.

This training structure can be tailored to fit specific organizational needs or participant requirements.