Governance, Risk, and Compliance (GRC) Auditing
Auditing GRC Systems for Effective Oversight, Integrity, and Strategic Alignment
Course Schedule
| Venue | Fees |
|---|---|
| In-House | ASK FOR THE QUOTATION |
Course Introduction
Governance, Risk, and Compliance (GRC) frameworks are essential for organizations seeking to operate with transparency, integrity, and regulatory accountability. As GRC practices evolve, internal auditors and assurance professionals must ensure these systems are both effective and aligned with organizational objectives.
This 5-day intensive training equips participants with the knowledge and tools to audit GRC components effectively. Covering audit methodologies, control testing, and reporting strategies, this course provides practical insights into evaluating GRC maturity and performance while aligning audits with global frameworks such as COSO, ISO 31000, and COBIT.
Course Objectives
By the end of this course, participants will be able to:
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Understand the components and frameworks of GRC
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Plan and perform audits of governance structures, risk management, and compliance systems
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Evaluate the maturity and effectiveness of GRC programs
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Design and execute audit programs aligned with COSO, ISO, and COBIT standards
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Report GRC audit findings clearly and constructively
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Recommend actionable improvements based on audit outcomes
Key Benefits of Attending
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Build advanced auditing skills focused on GRC systems
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Learn global best practices in GRC and assurance
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Ensure governance effectiveness and regulatory compliance
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Improve risk identification and mitigation through structured audits
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Add strategic value to your audit and risk function
Intended Audience
This program is designed for:
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Internal and external auditors
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Risk and compliance officers
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Audit managers and governance professionals
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GRC consultants and advisors
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Finance and operations managers
Individual Benefits
Key competencies that will be developed include:
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In-depth understanding of GRC systems and audit techniques
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Ability to identify and assess control gaps
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Proficiency in audit planning, fieldwork, and reporting
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Enhanced analytical and critical thinking skills
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Strategic communication of audit results to stakeholders
Organization Benefits
Upon completing the training course, participants will demonstrate:
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Strengthened audit assurance across governance, risk, and compliance domains
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Enhanced accountability and risk transparency
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Identification of control weaknesses and improvement opportunities
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Alignment of audit outcomes with enterprise strategy and risk appetite
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Better regulatory preparedness and internal control environment
Instructional Methdology
The course follows a blended learning approach combining theory with practice:
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Strategy Briefings – Core principles of GRC and auditing standards (e.g., IIA IPPF, ISO 37301, COSO)
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Case Studies – Real-world GRC audit findings and resolutions
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Workshops – Audit planning, risk assessments, control testing, and reporting
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Peer Exchange – Shared challenges in auditing GRC systems across industries
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Tools – Checklists, audit templates, maturity models, and risk-control matrices
Course Outline
DETAILED 5-DAY COURSE OUTLINE (CUSTOMIZABLE)
Training Hours: 7:30 AM – 3:30 PM
Daily Format: 3–4 Learning Modules | Coffee Breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00
Day 1: Foundations of GRC and Auditing Frameworks
Module 1: Introduction to GRC Components and Relationships (07:30 – 09:30)
Module 2: Global GRC Frameworks – COSO, ISO, COBIT (09:45 – 11:15)
Module 3: Governance Structures and Risk Culture (11:30 – 01:00)
Module 4: Group Discussion – GRC Issues in Your Organization (02:00 – 03:30)
Day 2: Risk-Based Auditing of GRC Systems
Module 1: Fundamentals of Risk-Based Auditing (07:30 – 09:30)
Module 2: Identifying and Prioritizing GRC Audit Risks (09:45 – 11:15)
Module 3: Workshop – Creating a Risk Register and Audit Plan (11:30 – 01:00)
Module 4: Internal Controls Review Techniques (02:00 – 03:30)
Day 3: Compliance Auditing and Governance Effectiveness
Module 1: Evaluating Compliance Programs and Ethics Frameworks (07:30 – 09:30)
Module 2: Testing and Validating Compliance Controls (09:45 – 11:15)
Module 3: Workshop – Auditing Compliance Procedures (11:30 – 01:00)
Module 4: Governance Audits – Oversight, Roles, and Board Effectiveness (02:00 – 03:30)
Day 4: Audit Execution, Documentation, and Reporting
Module 1: Gathering and Documenting Audit Evidence (07:30 – 09:30)
Module 2: Interview Techniques and Testing Control Design (09:45 – 11:15)
Module 3: Workshop – Preparing GRC Audit Working Papers (11:30 – 01:00)
Module 4: Structuring GRC Audit Reports and Recommendations (02:00 – 03:30)
Day 5: Advanced Audit Topics and GRC Maturity
Module 1: Assessing GRC Maturity and Performance (07:30 – 09:30)
Module 2: Using KPIs and Audit Dashboards for GRC Oversight (09:45 – 11:15)
Module 3: Final Group Exercise – End-to-End GRC Audit Simulation (11:30 – 01:00)
Module 4: Action Planning and Post-Audit Engagement (02:00 – 03:30)
Certification
Certificate of Completion in Governance, Risk, and Compliance (GRC) Auditing,
validating their ability to assess, audit, and improve integrated GRC systems and ensure alignment with global standards, best practices, and organizational objectives.