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Reimagining GRC: The strategic role of control self-assessment in modern governance
March 24 @ 10:00 am – 11:00 am EDT
Description:
The 2024 update to the UK Corporate Governance Code, and Provision 29 specifically, represents a marked shift to explicit accountability, requiring boards to provide a formal declaration on the effectiveness of material controls.
With this comes a demand for reliable, regular and transparent reporting on controls, to provide the board with the comfort and confidence needed to make a declaration. This heightened expectation elevates the role for controls self assessment. A structured, repeatable and scalable mechanism for gathering the assurance, insights and documentation needed to support the board’s declaration. However, the role of controls self assessment extends far beyond this and once established, a mature CSA becomes a powerful enabler across the broader governance, risk and controls landscape.
This 60-minute thought leadership webinar provides insights on how to develop and evolve your control self-assessment methodology and process. We will also showcase how CSA insights can be used across the broader governance, risk and control ecosystem. Attendees will earn how to transform controls self assessment from a periodic compliance exercise into a data-driven organisation-wide capability that enhances transparency, confidence and decision making.
Learning objectives:
- Understand how Provision 29 reshapes governance expectations: Gain clarity on why the shift to a formal board declaration increases the need for consistent, transparent and well‑evidenced control reporting, and how CSA provides the foundation for a credible evidence base behind that declaration.
- Learn how to design and enhance a modern CSA framework: Explore practical ways to build a structured and scalable CSA process, including defining scope, setting reliable assessment criteria, embedding effective evidence capture, and streamlining workflows to minimise administrative burden.
- Discover how CSA drives value across the wider GRC ecosystem: Understand how CSA strengthens first‑line ownership, informs targeted assurance planning, highlights emerging control weaknesses, and generates actionable data and insights that enable organisations to monitor control trends and improve decision‑making.
CPE credit(s): 1
Field of study: Specialized Knowledge
Instructional delivery method: Group Internet Based
Level: Basic
Prerequisite: None
Advanced preparation: None
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