Course description
The size of an organization does not usually matter when it comes to compliance. Instead, compliance is usually a part of a business’s functioning and structure. This is because compliance has enormous potential to negatively (when gotten wrong) or positively (when gotten right) impact the success and growth of any business. This explains why many organizations invest considerable efforts in building effective compliance processes and systems, hoping to seamlessly establish and maintain compliance programs to ensure adherence to rules and standards.
Organizations with participants must understand that improving their compliance programs involves understanding their functional activities and partners. In addition, it includes identifying areas requiring closer cooperation and, of course, having an effective compliance auditor to help manage the process and maintain best practices.
Upcoming start dates
Suitability - Who should attend?
Who should attend?
The Certified Compliance Auditor Training Course by Rcademy has been specifically designed for the following people:
- Senior or middle-level state and federal officers whose jobs involve risk management, internal audit, policymaking, risk supervision, and legal compliance
- Senior executive members
- Senior functional leaders who are looking to transition to general management
- Division-level managers looking forward to taking a new role in corporate-level positions
- Entrepreneurs and prospective business owners
- Senior management members with obligations to ensure the organization’s compliance with global standards.
- Compliance officers with obligations to ensure adherence to protocols and policies of compliance and responsible for standard change maintenance when needed
- HR professionals with obligations to ensure that compliance is infused in work operations and culture and that those who violate face disciplinary actions
- External and audit auditors are in charge of conducting routine checks to certify and ensure that set standards are being
- Internal and external auditors who deploy routine checks to enforce and certify adherence to established rules and regulations
- Shareholders and investors interested in investing in organizations that depict credibility through their compliance with global standards
- Professionals who are interested in compliance auditing to develop their work ethics or undertake higher responsibilities and roles
Outcome / Qualification etc.
For taking The Certified Compliance Auditor Training Course by Rcademy, participants will be able to benefit from the following:
- Counsel their organization on legal and constitutional compliance requirements
- Engage their organization in internal compliance and legal audit
- Manage their organization to undergo an external compliance audit
- Manage the process of an external legal compliance audit
- Report on relevant statutory changes and positions
- Develop a matrix for legal compliance for their organizations
- Analyse and implement the report of an external auditor
Training Course Content
Module 1: Overview of Compliance
- Meaning of Compliance
- Compliance and its framework
- Compliance standards
- Rules of compliance standards
Module 2: Successful Compliance Activities
- Business workflow & Design
- Coordinating with similar assurance activities
- Assess for integration and burden
- Successful application and implementation of laws and regulations
Module 3: Management of Compliance Risk
- Compliance Risks – Theft – Embezzlement – Bribery – Fraud – Money laundering – Malware – Hacking – Cybercrimes
- Compliance Risk Management – Internal Control – Management and governance structure – Feedback mechanism – Corporate culture
- Prioritise activities
- Actionable updates and regulatory alerts
- Assessment and management of Business Impact
Module 4: Analysis of Compliance Risk
- Risk identification
- Assessment of risk
- Evaluating risk
- Risk treatment
- Corrective, review, and monitoring action
- Communication
Module 5: Compliance Programme
- Scope – Meaning of program mandate – Monitoring and mitigating risks
- Establishing procedures and policies
- Overseeing misconduct allegations
- Providing communication and training
- Function management
Module 6: Compliance Management Challenges
- Compliance silos
- Compliance assurance and diverse views
- Home-grown systems
- Software (old and rigid)
- Absence of automated monitoring
Module 7: Impacting Factors of Compliance Management
- Nature of audit committee
- Board of directors
- Operating style and philosophy of management
- Organizational structure
- Risk tolerance and culture
Module 8: Significance of Compliance Programmes
- Purpose – Prevention – Detection – Management and control – Rectification – Monitoring and evaluation
- Organizational risks and enhanced visibility
- Risk management and proper accountability
- Donated funds and stewardship assurance
- Compliance and ethics culture
Module 9: Characteristics of a Standard Compliance Programme
- Experienced audit committee
- Written procedures and policies
- Education and training
- Communication lines
- Standardized disciplinary guidelines
- Compliance monitoring (internal)
- Detected offenses responses
- Interval risk assessments
Module 10: Compliance Programmes Responsibilities
- Fiduciary responsibility
- Financial reporting (federal)
- Internal standards/controls
- Regulatory and legal requirements
- Organizational policies
Request info
Rcademy
Rcademy is a global training and consultation organisation set out to bridge the gap between you now and what you can be in the near future. We are facilitators of knowledge impartation. Our team of established and experienced training enthusiasts...