Governance, risk and compliance (GRC) is a well-established strategy for managing and coordinating three critical business functions. Without an integrated approach to GRC, organizations can have little confidence in the regulatory and risk intelligence which preserves corporate integrity and protects the enterprise from incidents that could threaten its licence to operate. Governance, Risk and Compliance provides a common understanding of GRC, explains its business value, and outlines how to organise and oversee an effective GRC programme.
This comprehensive and practical book describes how the right approach can enable the visibility and transparency of regulatory and operational risks, and build confidence with external auditors and regulatory supervisors. GRC professionals in areas such as risk, audit, compliance and security can learn how to improve risk intelligence, cut the costs of audit and compliance, build confidence with external auditors and regulatory supervisors and greatly reduce the uncertainties facing business decision making. Written by an experienced thought leader, Governance, Risk and Compliance covers international corporate governance codes and regulations, contemporary factors in GRC and case studies of well-known scandals, and includes a tool for scoring and selecting the appropriate GRC technologies for any business.
