Factsheet - The Virtuous GORC Cycle

Factsheet

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Author

IIA-Australia

Date

2025

Topics Explored

Compliance

Format

Factsheet

Extract/Description

The GORC model analyses organisational interfaces and responsibilities and splits the virtuous cycle into two streams (a) top-down processes and controls (b) bottom-up monitoring, analysis, and reporting, including a feedback loop mechanism.

Key Points

Structured management of compliance obligations can generate a continuous improvement process within the organisation.

Relevant Industries

All

Level of Assumed Knowledge

Intermediate

Aligned to Global Internal Audit Standards

Not Applicable