Modular training,providing PwC Academy diploma addressing the questions how to establish, operate, assess and increase the effectiveness of the companies’ lines of defence.
Whom do we recommend our training?
- To leaders and professionals, who wish to have guidance in the world of risks and controls;
- To internal auditors; compliance officers; business managers and professionals who manage risk;
- To process- and control owners;
- To anyone seeking practical, best-practice-based knowledge;
- Last but not least, we recommend it to those organisations that have no dedicated functions for such roles, but still intend to develop the essential competencies.
Program structure:
1. module – The evolution of corporate governance – GRC in practice (1 day)
- Best practices of Corporate Governance and GRC (governance, risk, compliance) models;
- Fundamentals of most relevant GRC roles presented through corporate examples;
- Effective cooperation between the organisation’s three lines of defense;
- Legal requirements of internal control and SOX compliance;
- Fraud prevention - challenges and trends;
- The present and future of Sustainability Reports.
2. module – The „interior designers” of the organisations –Development of the internal control environment (1 day)
- Workshop with practical examples;
- Developing the successful process-risk-control structure;
- Evaluating design and operating effectiveness of controls;
- Managing control deficiencies;
- IT controls basics;
- Features of the integrated control environment.
3. module (optional) – Risk management, as the increase of business insight (1 day)
- Risks are the risks an organization faces nowadays?
- The role and place of risk management and enterprise risk management (ERM) in an organisation;
- Effective value-proposition by risk management;
- Issues surrounding practical application of risk management methodology;
- An effective risk management process in practice - from identification to action;
- Risk profiles of organizations.
4. module (optional) – Value based internal audit – what both the management and the Audit Committee can rely on (1 day)
- Risk-based audit planning;
- Challenges and responses when planning and executing audits;
- Latest trends in internal audit methodology;
- Main components of value-added audit findings;
- Maximizing the value of internal audit reports;
- Types of audit engagements and their specialties (i.e.: IT audit, efficiency audit, compliance audit, CAAT etc.).
Participants can access the training materials and recommended readings.
By completing modules 3-4, and successfully passing the exam, the participant can earn a PwC GRC certificate.
Date:
- Module 1-2: tbd - please contact us!
- Module 3-4: tbd - please contact us!
Language of the training: Hungarian
Training bundles:
1. bundle: 1. module (GRC) and 2. module (Internal control)
Duration of the training: 2 days/16 hours
2. bundle: 1. module (GRC), 2. module (Internal control) and 3. module (Risk management) or 4. module (IA)
Duration of the training: 3 days/24 hours
3. bundle: 1. module (GRC), 2. module (Internal control), 3. module (Risk management) and 4. module (IA)
Duration of the training: 4 days/32 hours