Learn how to implement effective governance, compliance and risk management systems in this free online course. As organisations grow larger, so do concerns about the complexities of business processes and the risk of falling standards. Governance, compliance and risk management processes play a key role in making sure a company meets its legal requirements, upholds ethics and maintains the integrity of its products. This course discusses the responsibilities of the compliance department and explains how to build an effective risk management system.
| Course Category | Governance, Business |
| Course Type | Online Learning |
| Course Qualification | CPD Certificate |
| Course Duration | 1.5-3 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | In This Free Course, You Will Learn How To • Describe the importance of compliance and risk management in an organisation • Outline the responsibilities of the compliance department • List the factors to consider when setting up a Compliance Management System (CMS) • Identify the different types of risks facing business processes • Discuss the scope of operational risk management in an organisation • Explain what Key Risk Indicators (KRIs) are in the context of business operations • Describe the conceptual difference between ‘ethics’ and ‘compliance’ • Recall the benefits of risk management to a business • Explain how to develop a Risk Management Framework (RMF) |
| Course Code | 445 |
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