The Wayside Network

Courses

A one day Board Directors course for the National Housing Federation

A Housing Association has a wide range of stakeholders who want to be assured of its good governance as well as its compliance with Housing Corporation requirements, the Companies Act and other laws. To provide such assurance the Board itself needs to be assured in turn that the controls it has directed to be put in place have been implemented and are operating effectively. No single source can be enough to provide such assurance: how can the Board put together a reliable jigsaw puzzle of assurance pieces? Who can help them? How can the Audit Committee oversee the process?

Course Aim

To provide practical guidance on methods of obtaining assurance on the adequacy, reliability and effectiveness of the association's/ group's system of internal control and risk management.

Learning Objectives/Outcomes

By the end of the course delegates will:

• Understand Housing Corporation requirements [Circular R2-25/01 Internal Controls Assurance and regulatory Code]
• Have explored examples of best practice
• Understand the links between good governance, risk management, internal control, performance reporting and assurance
• Have examined the use of non routine feedback tools such as incident and internal controls failure reporting
• Appreciate the role of internal audit among the other providers of assurance

Topics covered include:

• Risk management and control in the context of good governance
• Why organisations fail
• Housing Corporation and best practice methods and sources of assurance
• Creating a framework to give reasonable assurance to the Board
• Embedding risk and control awareness
• Learning from problems, incidents and feedback systems

Who should attend?

The course is aimed at board members, audit committee members, and those servicing boards in respect of controls assurance - chief executives, internal auditors, company secretaries.

Level of Course

For delegates who want an introduction or update to this subject, this course will tackle some of the more demanding of board responsibilities.

See also: The Effective Audit Committee


Courses

Contact us about this or other courses.