Corporate Governance, the set of elements (rules, regulations, legislations and principles) that help a firm operate, has more or less been well defined and structured in the private sector; however, corporate governance in the organisation has recently been gaining attention because of the scope and impact of organisational service delivery.
Corporate governance knowledge is important to ensure efficiency and quality of organisational service, which determines the quality of life. Corporate governance is important for small companies to scale up and for large ones to garner the interests of investors.
This course is tailored after the several country codes of corporate governance, industry regulatory requirement on corporate governance; international best practices and standards like: ISO 19600 Compliance management; ISO 37000 guidance on corporate governance; ISO 37001 Anti-bribery Management System and other anti-corruption best practices. The course would give the professional the required insight, skills, environment, and platform to successfully execute a strategy, develop and attract talent to the organisation for sustenance and enhance the firm’s value, thereby reducing financial risks and increasing shareholder returns.
Course Objectives:
The primary objective of this course is to empower corporate professionals with:
- An in-depth understanding of Corporate Governance in Organisation, including:
- All spheres of management – action plans, internal controls as policies and procedures to protect against fraud and misconduct, performance management for quality delivery, disclosures for transparency and for building trust and credibility, etc.
- The necessity of proper corporate governance in the organisation
- Knowledge of how to balance between financial optimisation, shareholder resolution, and well-being and organisational quality of life
- Exposure and experience to manage the shift from old administration methods to new corporate techniques and best practices
- Perspective to devise and implement strategies for long-term success and sustainability
- Comprehension of the essentials to build an effective structural framework for accountability and ownership among stakeholders
- Experience and perspective to better manage conflict
- Well-defined, clear succession plan and growth path
- Security against risks of fraud and corruption
- Increased financial stability
Outcome
Participants will be able to
- Improve relations with investors and prospective investors because of the board members’ in-depth understanding of corporate governance.
- Improve transparency and integrity of information among and from all stakeholders.
- Develop better strategies towards the achievement of organisational objectives.
- Shift from a mere compliance mentality to a strategic, well-suited approach to defining processes and systems.
- Identify and implement best practices of other successful Boards
- Promote a positive and ambitious Board culture
- Mitigate risks and unethical practices
Who should Attend?
- Directors, Board Members, Chief Financial Officers and other members constituting the top management of an organisation
- Shareholders and investors who are part of or want to be part of a firm’s delivery and function
- Human resource directors and professionals.
- Legal professionals and Company Secretaries
- Auditors and members of compliance unit
Course Outline
The course will cover the following areas critical to efficient and optimal corporate governance in the organisational service industry:
Corporate Governance in the Organisation
- Corporate governance principles
- Corporate Governance framework
- Industrial codes of corporate governance
- Regulatory requirements
- IT Governance Requirements
Challenges of Corporate Governance
- Ethical issues
- Internal and external pressure
- Risk management and mitigation
- Inaccurate data reporting and disclosures
Planning corporate Governance
- The context of the organization
- Internal and External Issues
- Stakeholder management
- Regulatory Requirements
- Corporate Governance Policies
- Corporate Governance Risks Management
- Corporate Governance Plan
Implementing Corporate Governance
Leadership and independence
- Board role and responsibilities
- Governance Committees and Management
- Commitment to governance
Documents management
- Policies, processes and procedures
- Documents and Records Control process
Shareholders Management
- Shareholder rights and duties
- Managing the Directors and Chairman
- Managing shareholders’ meetings
HR Management in Corporate Governance
- Roles and Responsibilities in Corporate Governance
- Shareholder, Chairman, Chief Executive Officers, Employees, Auditors/Compliance agencies, HR professionals, Legal professionals
- Independence of compliance structure and organogram
- Corporate and Remuneration structure
- Succession planning, appointment process and training mechanism
- Training, Awareness and Communications
- Training of new and existing board members
- Training of Compliance Team
- Regular Awareness Programmes
Compliance and control structure
- Legal and other Regulatory Requirements
- Understanding national and international regulations
- Understanding sectoral codes of corporate governance
- Managing organisational grievance redressal systems
- Code of Business Conducts and Ethics
- Corporate culture
- Ethical Values and Standard
- Anti-bribery and anti-corruption policies
- Policies on insider trading and conflict of interest
- Management of OHS, environmental and quality risk
- Whistleblowing
- Risks Controls Implementation and Reporting
Committees Management
- Objectives of Committees
- Appointment of Committees
- Guidelines for committees’ independence and effectiveness
Monitoring and Reporting
- Monitoring level of compliance
- Data collection and data analysis
- Data reporting
- Auditing principles
- Financial, governance and system audit processes
- Internal and external audit roles
- Auditing techniques and process
- Audit programme
Improving Corporate Governance
- Investigating Root Causes of Issues
- Plan Corrective actions
- Verifying and validating corrective action
- Enforcing the implementation of corrective action
Duration: 5 days
Training Methodologies
- Case Study
- Individual Exercises
- Role Play
- Group Exercises
- Group Presentation
- Examination
Assessment and Qualification
Learning is assessed through:
- 4 hours open examination. Passing the exams qualifies the candidate for Cognicert Corporate Governance Professional (CPD Certificate)
- Practical experience of 25 days with activity log qualifies participants for our Cognicert Corporate Governance Professional (Implementer Category) I.D Card and Certificate
- Practical experience of 50 days with activity log qualifies participants for our Cognicert Corporate Governance Professional (Lead Implementer Category) I.D Card and Certificate
Self-Study Material, Exam and Certification
Online Training, Material, Exam and Certification
Classroom Training Location Here (Fee to be decided by delivery partners)
EXAM | APPLICATION DEADLINE |
February 27 | January 22, 2022 |
March 24 | February 22, 2022 |
April 21 | March 22, 2022 |
May 18 | April 22, 2022 |
June 22 | May 24, 2022 |
July 27 | June 22, 2022 |
Aug 24 | July 22, 2022 |
September 21 | August 24, 2022 |
October 19 | September 15, 2022 |
November 23 | October 13, 2022 |
December 18 | November 11, 2022 |
Cancellation: 3 weeks before examination attract 100% refund. 0% refund after.