Course Objectives

Ø  Identify the core principles and importance of corporate governance for organizations.

Ø  Analyze governance structures and risk management policies.

Ø  Evaluate ethical and political considerations for boards, shareholders, auditors, and administrators.

Ø  Understand the importance of effective governance in organizations.

Ø  Clarify management roles, committee responsibilities, and methods for assessing board performance.

Ø  Recognize the significance and process of risk management to enhance corporate performance.

Ø  Comprehend compliance frameworks and their application to corporate governance.

Ø  Develop methods for managing internal control systems and ensuring effective governance through risk-based internal audits.

Course Methodology:

This training course will employ a combination of theoretical explanation, scientific analysis, and hands-on applications. Participants will engage in discussion sessions, case studies, and group activities focused on governance standards, applications, and compliance monitoring. The course will incorporate the latest instructional techniques for enhanced participant understanding and engagement.

Course Impact:

Participants will gain practical skills to apply corporate governance principles within their organizations. Through this course, they will improve their organization’s performance, accountability, and service quality in governance, risk management, compliance, and internal auditing. They will also learn to address operational gaps, enhance financial accountability, and achieve higher satisfaction levels among senior management.

Learning Outcomes

Upon completing this course, participants will:

·         Have a solid understanding of the general principles and rules of corporate governance.

·         Be able to establish and assess effective governance frameworks.

·         Know the roles and responsibilities of staff in applying governance practices.

·         Implement governance standards confidently and with clarity.

·         Monitor and uphold governance compliance within their organizations.

·         Improve organizational performance by strengthening relationships among stakeholders.

·         Understand and apply internal control measures for effective risk-based auditing.

·         Acquire skills for career advancement and support for organizational vision and mission alignment.

·         Make informed, timely decisions and achieve accountability in monitoring goals and risks.

Course Outline:

Module 1: Introduction to Corporate Governance

• Objectives and concepts of corporate governance.
• Corporate governance principles and frameworks.
• Added value of corporate governance – benefits and functionality.
• OECD governance principles.
• Importance of governance for companies and investors.

Module 2: Risk Management Essentials

• Key principles, concepts, and objectives of risk management.
• Risk management roles and processes.
• Types and classifications of risks.
• Risk self-assessment and key risk indicators.

Module 3: Governance Standards and Compliance

• Application of governance standards in areas such as:
• General Assembly, Board of Directors, Audit Committee, and Auditors.
• Shareholder and stakeholder rights.
• Transparency, disclosure, and conflict of interest.

Module 4: Internal Audit and Key Performance Indicators (KPIs)

• Importance of KPIs in governance.
• Business continuity and emergency planning.
• Internal audit management:
• Responsibilities, tasks, and objectives.
• Modern risk-based audit approaches.
• Role of compliance in governance.

Module 5: Governance Committees

• Governance committee roles and responsibilities.
• Role of audit committees in supporting governance.
• Risk Management, Nominations, and Remuneration Committees.
• Corporate social responsibility.

Module 6: Overcoming Governance Challenges

• Addressing challenges in implementing governance.
• External parties, auditing, and regulatory oversight.
• Internal governance practices and auditing processes.

Target Audience

• Board Members and Executives: Directors and executive leaders seeking to enhance their understanding of governance principles and drive strategic organizational improvements.
• Governance and Compliance Officers: Professionals responsible for implementing and monitoring governance, ethics, and compliance frameworks within their companies.
• Risk Managers and Auditors: Individuals overseeing risk assessment, internal controls, and regulatory compliance, aiming to align these practices with governance best practices.
• Legal and Regulatory Affairs Specialists: Those involved in managing legal risks and regulatory issues, supporting transparency, and adhering to governance policies.
• Policy Advisors and Corporate Secretaries: Professionals providing guidance on governance practices and managing board processes.
• HR and Administrative Leaders: Department heads who wish to embed governance principles within organizational culture and policy-making.

Course Duration:

The course will be conducted over four days, with each day focusing on one of the course modules.

Benefits of Participation:

• Enhanced understanding of governance principles.
• Skills to develop effective governance frameworks.
• Ability to promote governance, risk management, and compliance within the organization.
• Improved capacity for strategic decision-making and leadership.