Basics of Compliance Management

Course description

All organisations must comply with laws, rules and regulations and set standards for smooth functioning. This course will give you everything you need to ensure your business adheres to the relevant regulatory framework. You will look at the responsibilities and challenges facing the compliance department. Discover the different elements of the compliance management system and the body that sets the requirements for compliance auditing.

Compliance management is the continuing process of monitoring and evaluating systems in an organisation to ensure they abide by legal requirements and accepted standards. You will start by looking at compliance, compliance management programmes and the benefits they provide to institutions. Learn about the functions of an effective board and management and dive into the five fundamental components of compliance. Familiarise yourself with the foundations of the ‘compliance house’ concept and how to create the structure of a company.

Next, learn how to conduct a compliance audit with its elements and principles. We will discuss the functions of the International Standards of Supreme Audit Institution (ISSAI) to help guide your company and employees. Find out the various responsibilities of ethics and compliance practitioners and look at the different types of values and rules. Gain a deeper understanding of risk management and the forms of risk in order to analyse, assess and identify them quickly.

After completing this course, you will have the knowledge and skills to design and implement risk and compliance strategies, policies, procedures and risk assessments. Whether you are a professional in corporate governance, compliance management or a student, you will find this exciting course beneficial. Studying compliance management will enable you to apply the principles in your organisations to build trust and avoid legal issues. Why wait? Start learning today and improve your professional skills.