GRC resources

What is board governance? Board governance is the way a board of directors directs, oversees, and holds an organization accountable. It covers how the board sets strategic direction, challenges management, monitors performance, oversees risk and internal controls, and makes decisions in the interests of the organization and its stakeholders.  In governance, risk, and compliance (GRC), board governance…

What is board oversight? Board oversight is the process through which a board of directors monitors, challenges, and holds an organization’s leadership accountable. It helps directors understand whether strategy is being delivered, risks are being managed, controls are operating effectively, and issues are being escalated and resolved.  In governance, risk, and compliance (GRC), board oversight matters because directors cannot…

What are governance roles and responsibilities? Governance roles and responsibilities define who makes decisions, who provides oversight, who owns risk, who manages controls, who monitors compliance, and who must act when issues arise. They explain how authority, accountability, escalation, and reporting work across an organization. In practice, this means knowing who approves what, who owns…

What is board reporting? Board reporting is the process of giving a board of directors the information it needs to oversee an organization, challenge management, and make informed decisions. It brings together relevant updates on strategy, performance, risk, controls, compliance, audit, issues, and actions. In governance, risk, and compliance (GRC), board reporting matters because directors…

What is governance and compliance? Governance and compliance describes the relationship between how an organization is directed and controlled, and how it meets the obligations that apply to its activities. Governance sets direction, decision-making structures, accountability, oversight, and reporting. Compliance helps ensure the organization meets legal, regulatory, contractual, policy, and ethical requirements. In governance, risk,…

What is governance and risk? Governance and risk describes how an organization directs, oversees, and makes decisions about uncertainty. Governance sets the structure for decision-making, accountability, reporting, oversight, and challenge. Risk management helps the organization understand what could affect its objectives, how serious those risks are, who owns them, and what action is needed. In…