Event Details
Control identification and risk assessment training forms part of the compliance methodology training series. It is preceded by Introduction to Compliance and is followed by Compliance risk management plans (CRMPs).
This practical, virtual, CPD training course will enable you to understand and apply knowledge of compliance controls, control categorisation, effectiveness, efficiency and adequacy.
Key take aways:
- to define the term 'compliance control' in their own words, and understand how compliance controls feature in varying degrees across all the phases n the Compliance Risk Management Process (i.e. profile, Compliance Risk Management Plan (CRMP), monitoring, reporting phases);
- to provide an overview of the key attributes of a control (type, category, degree of automation, frequency) that should be included in the organisation's Standard Operating Procedures (SOPs) and CRMP;
- to use their understanding of control categories, types and levels of automation to provide value-adding advice to business on control enhancements and/or shifts in the control environment to ensure cost effectiveness and efficiency;
- to formulate robust compliance controls that will enhance the quality of CRMP's and ease the monitoring process;
- to use their knowledge of control attributes in compiling a CRMP;
- to conduct the assessment of the Adequacy of a control and combination of controls to mitigate the risk of non-compliance to a provision of a compliance obligation by considering the efficiency, economy and existence of a control (practical methods and examples will be utilised);
- to conduct the Effectiveness of controls to mitigate the risk of non-compliance to a provision of a Compliance Obligation (practical examples will be utilised);
- to draft a control deficiency observation; and
- to determine the root cause for an observation.
Who should attend:
- Individuals who are writing the Occupational Certificate: Compliance officer EISA or Board exam for the CPrac (SA) designation
- Compliance officers
- Compliance administrators who have responsibilities that relate to control identification and risk assessment
- Compliance monitoring specialists
- Internal auditors
Recommended prerequisite:
- Understanding the GACP
- Understand the compliance management process and environment (attend the Introduction to Compliance course)
- Attend the CRMP training course
What is included:
- Slide deck.
CPD: 15 Hours
Investment (virtual):
Member rate: R 7,200 excl VAT / R8,280 incl VAT.
Non-member rate: R7,020 excl VAT / R9,108 incl VAT.
Non-SA options for above excludes VAT.
For inhouse training enquire at enquiries@compliancesa.com or complete this inhouse enquiry form
NOTE:
- CISA will make every effort to host the specified training on the date / s as advertised. However, should unforeseen circumstances arise or an extenuating circumstance that is out of our control, we reserve the right to cancel or postpone the training. In event of CISA cancelling and or postponing the session, communication will follow in writing for next steps.
- No AI readers are permitted.
Your professional development roadmap, - what is next?"
- Compliance risk management plans (CRMP).
- Monitoring.
For any queries contact enquiries@compliancesa.com.
