Enabling the Third Line of Defence through Policy Assurance - ERP Spain.com - España y América Latina

The Three Lines of Defence is a popular framework for managing Governance, Risk Management & Compliance (GRC). In our first webinar on the Three Lines of Defence we explored the policy implications of the first line of defence – the front line employees, then we explored effective policy management and oversight in the second line of defence. In this webinar we now explore the third line of defence, audit and assurance professionals and their role in providing assurance and validation that policies are properly managed, communicated, and enforced in the organization. Policies are futile if they are not properly understood, enforced, and lived by in the organization. The third line of defence is key in providing validation and assurance that polices are properly managed and current by the second line of defence, and the third line provides assurance that the first line of defence is aware of policies and that they are lived by throughout the organization to maintain integrity, mitigate risk, and reliably achieve organization objectives. It is necessary that audit and assurance professionals are equipped with the right insight into policy management and communications so they can fulfill their role in providing assurance to the organization. This webinar focuses on how to audit policies and provide assurance by the third line of defense in your organization through effective policy governance. Attendees will learn: •GRC and policy management in the context of the Three Lines of Defence Model •How the third line interacts with the first and second lines of defense to provide assurance on policies •How to effectively audit and validate policies are current and understood in the organization •Methods for third line employees to to assure policies are manage by the second line •How technology can automate and enable the third line of defence •Driving efficiency, effectiveness and agility into all three lines of defence