Heads
of Internal Audit, Risk Managers and others charged with creating and building
a sound system of internal control
Maximum Number:
12
Time commitment /cost:
1
day / £375 (discounts for multiple bookings)
Course documentation:
Binder
with narrative text, slides, examples, case studies and exercises
From
Cadbury to Turnbull, and on to the Sarbanes-Oxley Act and the Higgs Report, the
principles and practice of good corporate governance have been adopted by
organisations in both the public and private sectors, some of them because they
had to, others because they recognised the advantages offered to their
shareholders and other stakeholders. Most wide ranging of the corporate
governance principles is the use of formalised risk management to promote the
achievement of corporate objectives. How does it all fit together? And how can
it fit into your organisation?
Objectives By the end of the day delegates should be able to:
Understand the latest developments in the corporate
governance environment
Explain how the elements of corporate governance fit
together and relate them to structures and processes in their own
organisations
Get buy-in from directors and management at all levels
Identify risks to the organisation, and analyse and
evaluate their management
Ensure that there is adequate assurance for the board
Compose a report describing the arrangements in place
Outline of the Day
Introduction
and objectives
Introducing the course leaders and the participants.
Setting objectives and expectations
Risk
Management
Explaining the benefits of risk management to your
organisation
Just who is responsible for risk management?
What are the big risks bothering organisations?
Identifying, analysing and evaluating risk
Building a risk strategy
Embedding risk management in your key governance
processes
The Corporate Governance Background
The growth of corporate governance
The UK environment: from Cadbury to the present in private
and public sectors
Why changes in the US can affect us in the UK
What the future holds&
Assurance
Creating assurance frameworks and processes
What role are you going to give internal audit?
What you need to tell the shareholders.
Reflection
Point and Conclusions
Creating an action oriented plan to introduce elements of
corporate governance, embed risk management and provide both routine and
independent assurance.
