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Advanced Certificate in Governance, Risk, & Compliance

Course Overview

As corporate governance and risk management gain momentum in business schools and legislative circles, our transformative course allows you to explore the power of a comprehensive system, where governance, risk management, compliance, and internal controls align.

Our Corporate Governance and Risk Management Course aims at understanding the critical role of controlling risks effectively and shaping dynamic company-stakeholder relationships. Our program navigates board structures, committee functionalities, and the detailed process of risk management, aligning with the Committee of Sponsoring Organizations COSO and Treadway Commission requirements while drawing insightful comparisons to ISO standards.

Join us in transforming your approach towards sustained success, and become a pioneer in the dynamic world of business excellence.

Who Should Attend

  • Board members,
  • Chief financial officers,
  • Senior management,
  • Directors,
  • Finance managers,
  • Financial controllers,
  • Accounting and finance personnel,
  • Legal counsel,
  • Corporate legal advisors,
  • Corporate secretaries,
  • Lawyers, external and internal auditors,
  • HR managers,
  • Employees in GRC departments and department heads.

Course Objectives

At the end of this course, participants will be able to:

  • Advise on developing a board structure that includes executives, non-executives and independent members with varied experience
  • Assist in formulating committees and establishing committee requirements
  • Promote the proposal of policies for the company that need board approval
  • Support the creation of a successful risk management function based on COSO and ISO recommendations
  • Contribute to establishing a better compliance in the organization by utilizing ISO requirements

Course Content

The board of directors

  • Shareholders’ rights and duties
  • Stakeholders definition
  • Directors’ duties
  • Risks of governance failures
  • The efficient board
  • CMA definitions on board membership
  • CMA on non-independence of board members

Board committees

  • Ethics and CSR committee
  • Nomination committee
  • Remuneration committee
  • Governance committee
  • Risk and compliance committee
  • Executive committee
  • Audit committee
  • Investment committee

Policies approved by the board

  • Anti-discrimination
  • Anti-harassment and anti-bullying
  • Anti-fraud and anti-corruption
  • Conflict of interest
  • Nomination, succession planning and remuneration policy
  • Risk management and compliance policy
  • Financial reporting and audit policy
  • Investments and asset management policy

Risk management

  • Risk management definitions
  • Risk management process
  • ISO 31000 risk management principles, framework and process
  • ISO 31000 risk management process
  • COSO ERM process
  • Risk response = 4 Ts
  • Control activities
  • Internal audit role in assessing risk management
  • IIA definitions
  • IIA guidance
  • IIA standard 2120
  • Internal audit assessment of risk management
  • Internal audit engagement approach
  • Risk management categories

Compliance success factors

  • Definition of compliance
  • ISO 19600 compliance management
  • Implementing compliance program
  • Causes of compliance program failing
  • Results of compliance failures

Table of Contents

Course Code DU1005 Category
Location: Dubai, UAE
Duration: 5 Days
Language: English
Cost: 15,770 SAR
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