KPMG partnered with the Institute of Chartered Accountants of Australia (ICAA) to develop a tailored guide for audit committees that are reviewing their risk frameworks.
- An effective GRC framework protects and enhances organisational value by fostering a risk-aware culture, supporting decision-making and addressing multiple layers of compliance and assurance.
- GRC enhances operational efficiency by rationalising risk management, controls and assurance.
- A robust GRC framework provides leaders with the information they need to understand and respond to the risks facing the business, as well as anticipating and meeting changing stakeholder and regulatory demands.