Fundamentals of Governance, Risk and Controls

Strong governance, effective risk management, and well-designed controls are essential to achieving organizational objectives and maintaining stakeholder confidence. Together, governance, risk, and controls form the foundation of accountability, transparency, and responsible decision-making across both public and private sector organizations.

The Fundamentals of Governance, Risk and Controls course is designed for professionals who are involved in oversight, assurance, compliance, or management roles and wish to build a clear, practical understanding of how these elements work together. Within BOOST, this program focuses on how governance structures set direction, how risks are identified and managed, and how controls are designed and operated to support organizational goals.

The course emphasizes real-world application rather than theory alone. Participants will explore governance frameworks, risk assessment practices, and internal control concepts as they are applied in everyday operations.

The program also highlights the roles and responsibilities of management, boards, and assurance functions, as well as the importance of alignment between governance, risk, and controls.

By the end of the course, participants will have a stronger understanding of how to support effective governance, manage risks proactively, and evaluate the adequacy of control environments within their organizations.
 

• Understand the key principles of governance, risk, and controls
• Explain how governance, risk management, and controls are interconnected
• Identify roles and responsibilities within governance structures
• Recognize different types of organizational risks
• Apply basic risk assessment concepts and techniques
• Understand how internal controls are designed and operated
• Evaluate control effectiveness at a foundational level
• Support better governance and risk-informed decision-making