The Course Content
Day One: The Importance of Corporate Governance
What is corporate governance?
Why is corporate governance important?
Understanding the drivers for effective corporate governance
Case study reviews
Understanding governance roles and responsibilities
The role of senior and middle management
Organisational models and effective corporate governance
Day Two: Strategic Planning
Organisations and strategy
The role of the board and senior management
Formulating a strategic plan
Monitoring strategic performance
Strategic planning checklist
Case study review
Day Three: Risk Management
What is risk management?
Why is risk management important?
Risk management in hindsight
Understanding the risk management process
Application of the risk management process at the strategic level
How to improve your risk management regime
Case study review
Day Four: Improving Internal Controls
Importance of administrative and accounting controls
Case study examples
Developing and improving internal controls
The role of the internal audit function
Implementing effective project controls
Analysis and reporting for decision making
Day Five: Understanding Financial Statements
Navigating around the main financial statements
Exploring the relationships between the financial statements
The role of the financial statement preparer.
Directors and boards duties and responsibilities
Current reporting and accounting issues
Key ratios used to monitor organisational performance
Financial and management reporting for effective decision making
Developing, measuring and reporting financial and non-financial KPIs