Governance, Risk and Compliance

Course Info

Length: 1 Week

Type: Online

Available Dates

Fees

  • Dec-16-2024

    1,590

  • Jan-06-2025

    1,590

  • Feb-03-2025

    1,590

  • Mar-03-2025

    1,590

  • Apr-07-2025

    1,590

  • May-05-2025

    1,590

  • June-02-2025

    1,590

  • June-30-2025

    1,590

  • July-07-2025

    1,590

  • Aug-04-2025

    1,590

  • Sep-01-2025

    1,590

  • Sep-29-2025

    1,590

  • Oct-06-2025

    1,590

  • Nov-03-2025

    1,590

  • Dec-01-2025

    1,590

  • Dec-29-2025

    1,590

Course Details

Course Outline

5 days course

Overview of governance, risk management, and internal controls
 
  • Definition of corporate governance
  • The scope of corporate governance
  • Essential corporate governance principles
  • Code of conduct
  • The board of directors
  • The audit committee
  • Other committees
 
Stakeholders in Corporate Governance (CG)
  • Stakeholders
  • Shareholders rights
  • Directors’ duties and rights
  • Internal auditors and external auditors
  • Risk-based decision making
  • CG failure effects
  • The efficient board
Functions of corporate governance
 
  • Independence of the board
  • Selection, remuneration, and evaluation of the board
  • Analyzing the current company’s CG system
  • Disclosure and transparency

 

 
Introduction to compliance

 

  • Definition of compliance
  • Importance of compliance
  • Practical examples of compliance
  • Risks of compliance
Enterprise Risk Management
 
  • Risk perception
  • Why should we care about risk?
  • Internal environment changes
  • External environment changes

 

Risk Management areas
 
  • Strategic
  • Operations
  • Reporting
  • Financial
  • Health and safety

 

Risk management process per COSO guidelines

 

  • Internal environment
  • Objectives setting
  • Event identification
  • Risk assessment
  • Risk response
  • Control activities
  • Information and communication
  • Risk monitoring
Implementing controls in business cycles
 
  • Controls in the purchase and payment cycle
  • Controls in inventory and costing cycle
  • Controls in HR and payroll cycle
  • Controls in sales and collection cycle
  • Controls in fixed assets life cycle

Course Video