CS Professional GRMCE study plan

Map the full governance architecture (owners, board, committees, executives, auditors) into a one-page diagram you can redraw from memory

Distinguish the shareholder, stakeholder and enlightened-value models and state which assumptions each makes about board purpose

Explain the principal-agent problem and list four mechanisms (independent directors, disclosure, incentives, audit) that mitigate it

Define the core OECD/G20 governance principles in your own words and note one criticism of each

Compare unitary and two-tier board systems and identify which statutory features drive the difference

Draft a board charter outline covering composition, tenure, quorum, delegation and reserved matters

Differentiate the roles of chair, CEO, senior independent director and company secretary with three duties each

Evaluate board independence criteria and apply them to two hypothetical director biographies

Design a board committee structure (audit, risk, remuneration, nomination) stating membership and mandate for each

Explain how board evaluation, induction and succession planning interact to sustain effectiveness

Build a director duty checklist covering care, skill, diligence, loyalty, conflicts and confidentiality

Classify a set of ten hypothetical director behaviours as compliant, grey-area or breach, with justification

Define risk appetite and tolerance and translate a corporate strategy statement into three measurable appetite statements

Apply an ISO 31000-style process (identify, analyse, evaluate, treat, monitor) to a scenario you invent

Compare risk registers, heat maps and bow-tie analysis, stating when each is the right tool

Distinguish inherent, residual and target risk and recompute a register under all three lenses

Explain the three lines model and assign ten specific activities to the correct line

Design escalation criteria that determine what reaches the board risk committee and how fast

Evaluate stress testing, scenario analysis and key risk indicators as early-warning mechanisms

Critique a weak risk culture using at least five observable behavioural indicators

Build a compliance universe by mapping obligations to owners, controls and evidence for a sample business

Design a compliance monitoring plan with frequency, sampling method and reporting line for six controls

Explain the compliance function's independence, reporting lines and relationship with internal audit and legal

Summarise the statutory duties around registers, filings, record retention and breach reporting in your jurisdiction

Distinguish money-laundering stages and list the customer due diligence and beneficial ownership checks that counter them

Draft a whistleblowing policy covering channels, anonymity, triage, investigation and non-retaliation

Apply a six-step ethical decision framework to two conflicting-duties scenarios and defend the outcome

Identify conflicts of interest in five scenarios and specify the register entry, disclosure and recusal required

Explain how tone at the top, codes of conduct and incentive design either reinforce or undermine ethical behaviour

Outline the sanctions and reputational consequences of a compliance failure for directors and the firm

Distinguish internal control, internal audit and external audit by objective, scope, independence and output

Apply the COSO components to a control gap scenario and recommend two remedial controls

Design an audit committee agenda that covers financial reporting, internal control, risk and auditor independence

Draft disclosure that is fair, balanced and understandable for a material event, avoiding boilerplate

Map stakeholder groups to their information needs and select the engagement channel for each

Complete 120 timed practice questions and log every error by domain and root cause

Re-teach your three weakest sub-topics from memory without notes, then verify against source material

Rehearse scenario answers using a fixed structure: issue, principle, application, recommendation

Consolidate all eight domains into a single one-page memory map with cross-links

Simulate a full exam sitting under time pressure and review the debrief within 24 hours