Cognicert Corporate Governance System Auditor

Governance auditing examines how an organisation’s responsibilities, policies and controls work in practice. This five-day course combines governance topics with audit planning, evidence gathering, reporting and follow-up.

Participants explore board roles, independence, committees, compliance structures, business conduct, risk controls and reporting. The auditing programme covers criteria and checklists, nonconformities, audit reports, management review, root-cause analysis and corrective-action plans, with a practical auditing exercise.

The course is relevant to auditors and compliance professionals as well as directors, senior managers, company secretaries and others responsible for governance oversight. Choose this pathway when your focus is assessing governance arrangements; compare Corporate Governance Professional when your main responsibility is establishing or managing them.

The primary objective of this course is to empower corporate professionals with:

• An in-depth understanding of Corporate Governance in Organisation, including:
• 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
• Corporate governance monitoring and measurements techniques
• Corporate governance system audits

Outcome

Participants will be able to

• Improve transparency and integrity of information among and from all stakeholders.
• Promote a positive and ambitious Board culture
• Mitigate risks and unethical practices
• Audit Corporate Governance System

• Identify governance audit criteria from applicable codes, organisational policies and the requirements covered in the syllabus.
• Prepare an audit programme and checklist to examine governance responsibilities, controls and reporting.
• Evaluate evidence, document nonconformities and communicate audit findings.
• Review root causes, corrective-action plans and audit follow-up to support improvement.

• 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

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

Corporate Governance Codes

• The context of the organization
• Internal and External Issues
• Stakeholder management
• Regulatory Requirements
• Corporate Governance Policies
• Corporate Governance Risks Management
• Corporate Governance Plan

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

HR Management in Corporate Governance

Corporate Governance Audit Criteria

• • ISO 37000, 37001 and 19600
  • General Codes
  • Industry Codes
  • Internal Criteria
  • Regulatory Requirements

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

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

Management Review

• Making Management Review relevant to Management
• What will be reviewed?
• Establishing the Objectives
• Planning the Management Review
• Output of Management Review

ISO 19011:2011

• Fundamentals of Internal Auditing
• Decide how to Audit
• Principles of Auditing
• Managing an Audit Programme
• Preparation & Planning Of Audits
  Preparation Of checklist

ISO 19011:2011 and ISO 17021:2018

• Audit Activities
• Identification of Non-Conformities [N/C’s].
• Documenting the Audit (Audit Report)
• Conducting Audit Follow-Up
• Practical Auditing Exercise
• Competence and Evaluation of Auditors.

Creating a Corrective Action Plan

• Who participates?
• Developing a Plan
• Using the Form
• What is Root Cause Analysis?
• When (and when not) to use Root Cause Analysis
• The Root Cause Analysis Process
• How to construct a Root Cause Analysis Checklist
• Examples of how a well-run Root Cause Analysis Process works
• Corrective and Preventive Actions

• Case Study
• Individual Exercises
• Role Play
• Group Exercises
• Group Presentation
• Examination

Assessment and Qualification
Learning is assessed through:

• 4 hours open examination. This qualifies the candidate for Cognicert Corporate Governance Auditor (CPD Certificate)
• Practical experience of 25 days with activity log qualifies participants for our Cognicert Corporate Governance Auditor (Auditor Category) I.D Card and Certificate
• Practical experience of 50 days with activity log qualifies participants for our Cognicert Corporate Governance Auditor (Lead Auditor Category) I.D Card and Certificate

Duration: 5 Days

Delivery Options: 

·         Self-Study Material, Exam and Certification 

·         Online Training, Material, Exam and

·         Classroom Training Location: https://cognicert.com/delivery-partners/

Frequently Asked Questions: https://cognicert.com/faqs/

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5 days