Course description
The role of corporate governance in any organization cannot be overemphasized; it ensures that an organization stays on track in achieving its objectives. However, as important as this governance is to the organization, it must be constantly audited to ensure the mechanism serves its intended purpose.
Corporate governance encompasses much more than a framework. Corporate governance includes several disciplines: risk management, control management, compliance, and internal audit. These domains are implemented to guarantee that the organization runs sustainably and responsibly while seeking innovative solutions. This is why Rcademy has developed this compelling course to help personnel audit their governance process.
Upcoming start dates
Suitability - Who should attend?
Who should attend?
Although the Auditing Corporate Governance Training Course by Rcademy is relatable to a wide range of individuals, it is specially designed for the following set of people:
- Audit Managersand those on the verge of assuming the position of auditors
- Lead Auditorswho are responsible for leading the central auditing of an organization
- Auditor-generals,often referred to as senior auditors on a project
- Internal auditorsare responsible for keeping the organization in check in terms of risk and compliance
- Assurance providersrequire a better grasp of corporate governance to discharge their services effectively
- Managersin need of a more comprehensive grasp of how to conduct governance maturity assessments
- Board members and managementare responsible for directing the affairs of an organization
- Risk managersthat carry out risk identification and management
- Compliance managersresponsible for the legal and ethical standards of an organization’s operation
Outcome / Qualification etc.
The Auditing Corporate Governance Training Course by Rcademy aims to achieve the following objectives for participants at the end of the training:
- Learn how to conduct a risk management audit
- Learn how to conduct a reputation and brand audit
- Understand the stakeholder expectations in terms of corporate governance
- Evaluate the efficacy of business continuity planning
- Enable the audit committee to carry out its Corporate Governance responsibilities
- Evaluate environmental sustainability and governance
- Examine the audit committee’s procedure, especially those relating to code of governance challenges
- Evaluate the organization’s strategic approach and guidance on regulatory compliance
- Assess the efficacy of interactions with special interest groups and stakeholders
Training Course Content
Module 1: Fundamentals of Corporate Governance
- Overview of Corporate Governance
- Governance structure – Management oversight – Transparency and disclosure – Company strategy – Stakeholders’ right
- Best Practices of Corporate Governance – Principles – Integration – Responsibilities
Module 2: Fundamentals of Risk Management
- Introduction to risk management – Concepts of risks
- Risk management process – Risk identification – Risk categorization – Risk assessment – Risk treatment – Acceptance, avoidance, transfer, mitigation – Risk indicators
- Risk management tools – Risk register – Risk dashboard – Risk management methods
- Credit risk management – Introduction – Credit portfolio strategy – Credit risk identification and rating – Credit risk measurement – Credit risk monitoring and control – Reporting
Module 3: Implementation of Internal Controls
- Introduction to internal control system – Overview – Definition
- Internal control framework – Preventive control – Defective control – Manual control – Automatic control
- Control design adequacy – Rationalisation – Effectiveness
- Control self-assessment
- Control indicators
Module 4: Enterprise Risk Management (ERM)
- Overview of enterprise risk management – ERM and traditional risk management
- ERM program design and implementation – Function – Architecture and components – Activities and timeline – Challenges – Program review
- Risk strategy – Effect – Opportunity trade-offs
- Risk appetite – Tolerance level
- Risk governance – Accountability – Operating structure – Operational roles
- Risk culture – Risk culture maturity – Risk activities – Risk awareness
- Risk communication
Module 5: Compliance Function
- Introduction to the compliance function – Identifying responsible parties – Responsibilities of function – Compliance function and internal audit – Defence model
- Compliance function framework – Status of compliance – Future needs – Compliance framework charter – Key obligation register – Compliance assurance methodology – Policies and procedures
- Compliance assurance
Module 6: Internal Audit
- Overview of auditing
- Fundamentals of internal audit – Introduction – Steps and techniques – Skill evaluation – Inquiry – Observation – Examination – Reperformance
- Advanced internal audit – Introduction – Advanced techniques – Collation – Review – Sampling – Findings – Writing and reporting
- Internal audit manager – Introduction – Audit planning – Audit program – Audit outcome – Audit findings – Remediation – Closing
- The function of the audit head – Overview – Authority matrix – Assurance reporting – Internal audit charter – Audit universe
Module 7: Audit Committee
- Overview – Composition – Function
- Audit committee role – Corporate Governance strengthening – Authority – Oversight of financial reporting – Ethics
- Audit risk committee
Module 8: Corporate Social Responsibility (CSR)
- Concept of CSR – Constitution of CSR – Importance – Responsibility
- Effect and Implications of CSR
- Audit framework
- Organization reputation
Module 9: Auditing Technology-Inclined Governance
- Overview of technology-inclined governance – Technology dependencies
- End-user computing
- Monitoring and control
- Security and access
Request info
Rcademy
Rcademy is a global training and consultation organisation set out to bridge the gap between you now and what you can be in the near future. We are facilitators of knowledge impartation. Our team of established and experienced training enthusiasts...