Trusted Business: Governance Capability Assessor courses
These Governance Capability Assessor trainings offer unique practice oriented knowledge transfer to implement Integrated Assurance Management scenarios by taking the governance objectives of the Governance Model for Trusted Businesses into the context of the operational and organizational levels and their specific business goals.
The Governance Model for Trusted Businesses - a publicly available deliverable of the BPM-GOSPEL project - provides reference processes for mapping operational and organizational management practices to control compliance and audit management objectives.
For implementing Enterprise Governance the executive management and - if it exists - the supervisory board should follow scenarios to evaluate, direct and monitor business operation in alignment with the adapted governance objectives. In this term the “Enterprise Governance” is driven by the organization’s specific business goals and enabling governance objectives instead of generic control or regulatory framework based “checklists”. When ISO/IEC 15504 standard (SPICE) based Governance Capability Assessment concept is applied, the evaluation of compliance will focus on how the capability profiles of the implemented core business and governance processes are aligned with the governance objectives customized for the Enterprise Goals.
The objective of the BPM-GOSPEL - Business Process Modelling for Governance SPICE and Internal Financial Control - project (2010-2013) is the transfer of the already proved innovation - multiple model based compliance workbench tool for improving governance capability of business processes by which the existing results of IA-Manager (2005-2007) and MONTIFIC (2008-2010) training development projects are further enriched by Integrated Assurance Management scenarios using the adapted "Stages" process management platform (see: http://stages.methodpark.com/stages.html) for multi-layer Business Process Modelling (BPM). The project aims to provide ready to use Integrated Assurance Management scenarios for enterprises and best practice cases for teaching and learning in vocational trainings demanded by both sides of the labour market. See more details about related project outcomes at www.ia-manager.org () and www.trusted.hu ().
MONTIFIC: European Internal Financial Control Assessor Training and Certification Programme The key objective of this training programme is setting up a modular structure for assessment of internal controls over financial reporting, which is commonly applicable in each sector under related regulatory directives (like financial regulation of using EU, national and other public funds; Basel II for bank sector; SOX or EU Company Law for listed companies, etc.). This modular structure applies the ISO/IEC 15504 standard based evaluation method called Governance SPICE. The features of internal financial control processes and the Governance SPICE Assessment method can be acquired by taking the training course containing online and traditional learning elements. A modular certificate - issued by the European Certification and Qualification Association - can be achieved by passing online exam based on the integrated skill card of "Internal Financial Control Assessor".
The concepts of the COSO Internal Control framework integrated with Enterprise Risk Management and the ISO/IEC 15504 (SPICE) process assessment methodology were used for the development of the “European Internal Financial Control Assessor” programme including adaptation of the Principles, Attributes and Approaches of the COSO 2006 Guidance as agreed with the COSO Board for Spanish, German, Romanian, Slovak and Hungarian translations.
From 2008, an innovation transfer project called Multilingual ONTology for Internal FInancial Control (LLP-LDV-TOI-2008-HU-002) co-funded by the European Commission is enhancing the training programme by implementing a terminology and ontology interoperability framework for achieving the following specific objectives:
- Facilitating local training providers (trainers) and trainees in using their own languages based on multilingual ontology,
- Involving European Certification and Qualification Association for providing online exams and certification programme in more local languages,
- Supporting certification holders (assessors) and wider potential user communities by utilizing common knowledge (terminology) in different countries and working environments,
- Further developing multilingual e-content tools based on the terminology and ontology interoperability framework (online learning, certification and assessment portals).