Qualified Risk Director (QRD®): Directors’ Guide to GRC (Governance, Risk, and Compliance)
The terminology of Governance, Risk and Compliance, or GRC, has been bandied around as the latest buzz phrase as a result of various standards. These words, however, are not new. Enterprise risk has been around for many years and so has regulatory or financial compliance. Only recently have organisations started to combine these words together in order to provide for better risk management and corporate governance. After all, it is the risk reports and compliance reports which are reviewed by the board of directors. In order for transparency, accountability and integrity to occur, companies should look at adopting one or more of the enablers such as adopting a culture of business integrity and ethical values, looking at GRC as a single entity as opposed to separate activities, and utilising technology to enable efficiencies and effectiveness.
Register for this standalone training module on Governance, Risk, and Compliance or enroll in the full Qualified Risk Director (QRD®) Certification Program.