Risk Based Compliance Management: ISO 19600

Crest Advisory Africa (Pty) Ltd: Training and Development

Date of Training

22-23 March 201719-20 July 2017

22-23 November 2017

RISK MANAGEMENT

INTERNAL AUDIT

COMPLIANCE

BUSINESS CONTINUITY

ICT & CYBER CRIME

SAFETY & OHS ACT

COMPETENCY SKILLSCourse Duration: 2 days

The training focuses on the fundamentals, which is needed in

understanding the interdependent relationship between Risk

Management and Compliance Management.

This forms the building blocks for the ISO 19600, Risk Based

Compliance

This course also looks at the Internal Context and especially at

the Vendor and Supplier Management within the Risk, Internal

Control and Compliance Environments.

The following will be addressed over the duration of the

course:

Introduction to Risk Based Compliance versus Rules

Based Compliance

Relationship between King IV, Risk, Internal Control and

Compliance Management

Context of the organization

Understanding the organization and its context

Understanding the needs and expectations of interested parties

Determining the scope of the compliance management system

Compliance management system and principles of good

governance

Compliance obligations

Identification, analysis and evaluation of compliance risks

Description / Goal

Workshop Objectives

Risk and Compliance roles form an integral part

of any organization wanting to achieve its objectives. This course:

Positions Compliance within the overall context of Risk Management

Clarifies the relationship between Compliance and other types of Risk Management

Benefits of Risk Based approach versus a Rules Based Approach

Explores the role of ethics (King IV) in a compliance program

Introduces risk based compliance methodologies within ISO 19600

Provides clarity on how to approach combined assurance efficiently and effectively

Includes a brief overview of the current topical legislation (internationally and locally) that impacts on

businesses today

Leadership

Leadership and commitment

Compliance Risk based policy

Organizational roles, responsibilities and authorities

Planning

Strategies and Actions to address Compliance based

Risks

Setting Compliance objectives and

Planning Compliance Risk Management

Performance Against targets to achieve objectives

Support

Resources

Competence and training of resources (internally and

externally)

Awareness (Strategic, Tactical and Operational)

Communication and reporting mechanisms (Internally

and Externally)

Documented and Evidentiary information

Operational Implementation

Operational planning and control

Establishing the Internal Control Perceived Effectiveness

Establishing Internal Controls and procedures

Outsourced processes (Vendors, Suppliers, Systems, etc.)

Agreements

Performance Evaluation and Management

Monitoring,

Measurement,

Analysis and

Evaluation

Audit ito the

Management review

Continuous Improvement Strategies

Nonconformity,

Noncompliance and

Corrective action

Continual improvement

Workshop Objectives

Who needs to attend?Risk Management Chief Risk Officers (CRO)

Risk Managers

Risk Owners

Risk Coordinators

Accounting Officers

Head of Departments

Risk Champions

Business Executives

Forensic Risk Officers

Managers who want to improve their Risk

Management Capabilities

Internal Audit Fundamentals Internal Auditors

Audit Compliance Officers

Assurance officers

Compliance Compliance Officers

Quality Officers

Procurement and Supply Chain Management

Benefits

Apply Rules within the Risk Management environment

(King IV)

Improved focus, attention and perspective to risk data

sources

More efficient and effective activities related to regulatory,

compliance and audit matters

More cost-effective management and monitoring of risks

The most impact and recognition of value is often perceived

more at the executive and director levels, than other layers of

management. The following key benefits and values from Risk

based Compliance Management (RBCM) include:

Directing everyone focus to the objectives of the company

Enhance strategic direction within organisations

Increased consistency and communication of risks within

the organization

Enhanced reporting and analysis of corporate risks (risk

data)

PriceR5500,00 per delegate (Excl. VAT)

AICP CPDThis course qualifies the delegate to 10 CPD points

Crest Advisory Africa (CAA) has been Accredited by the Services SETA as an Accredited Service Provider within the training environment. The Provider Accreditation Number: 12236

Bookings can be made at training@crestadvisoryafrica.comor telephonically with Nico Snyman, 0764034307