Schedules Outline

Home / Corporate Governance, Compliance, & Risk Management / The 10-Day Corporate, Risk Management & Compliance

Course Schedule

Classroom Sessions:

Date	Venue	Fees
10 - 21 Jun 2024	London - UK	$11,900

Course Description

MODULES

This training course is split into two modules:

MODULE I - Corporate Management & Control

MODULE II - Risk Management, Control & Compliance (Corporate Governance)

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.

Course Outline

Module 1: Corporate Management & Control

DAY 1

Introduction to Corporate Management & Control

Overview of corporate management and control
- Definition and importance
- Key principles and objectives
Corporate governance frameworks
- Global best practices (e.g., OECD Principles of Corporate Governance)
- Regional and country-specific frameworks (e.g., UK Corporate Governance Code, King IV Report in South Africa)
Legal and regulatory landscape
- Companies Act and securities regulations in various jurisdictions
- Industry-specific regulations (e.g., EU Gas Directive, Nigerian Oil and Gas Industry Content Development Act)
Board of directors and management responsibilities
- Roles and duties
- Composition and structure
- Effective decision-making processes

DAY 2

Risk Management and Internal Control

Risk management framework
- Identification, assessment, and mitigation of risks
- Enterprise Risk Management (ERM) concepts and standards (e.g., COSO ERM Framework, ISO 31000)
Internal control systems
- Design and implementation of effective controls
- Monitoring and testing of controls
- Sarbanes-Oxley Act (SOX) and its impact on internal control requirements
Compliance management
- Compliance with laws, regulations, and industry standards
- Anti-bribery and corruption laws (e.g., UK Bribery Act, U.S. Foreign Corrupt Practices Act)
- Money laundering and terrorist financing prevention (e.g., EU Anti-Money Laundering Directives)

DAY 3

Financial Management and Reporting

Financial management principles
- Financial planning and budgeting
- Capital structure and financing decisions
- Working capital management
Financial reporting and disclosure
- International Financial Reporting Standards (IFRS)
- Regional and country-specific accounting standards (e.g., UK GAAP, IFRS as adopted by the EU)
- Transparency and disclosure requirements (e.g., EU Non-Financial Reporting Directive)
Auditing and assurance
- Internal and external audit processes
- Auditor independence and rotation requirements
- Audit committee responsibilities
Financial analysis and performance metrics
- Key financial ratios and indicators
- Benchmarking and industry comparisons

DAY 4

Sustainability and Corporate Social Responsibility (CSR)

Sustainability reporting frameworks
- Global Reporting Initiative (GRI) Standards
- Sustainability Accounting Standards Board (SASB) Standards
- Task Force on Climate-related Financial Disclosures (TCFD) recommendations
Environmental, Social, and Governance (ESG) factors
- Integration of ESG considerations into decision-making
- ESG disclosure requirements (e.g., EU Sustainable Finance Disclosure Regulation)
Corporate social responsibility initiatives
- Stakeholder engagement and community relations
- Human rights and labour practices
- Supply chain management and responsible sourcing
Sustainability in the oil and gas industry
- Industry-specific sustainability challenges and opportunities
- International Petroleum Industry Environmental Conservation Association (IPIECA) guidance

DAY 5

Emerging Trends and Practical Application

Emerging trends in corporate management and control
- Digitalization and technology-driven governance
- Cybersecurity and data privacy considerations
- Blockchain and its potential applications in governance and compliance
Action planning and implementation
- Developing personalized action plans for improving corporate management and control in participants' organizations
- Strategies for overcoming challenges and barriers to implementation
Course review and wrap-up
- Key takeaways and lessons learned
- Next steps and resources for continued learning and development

Module 2: Risk Management, Control & Compliance (Corporate Governance)

DAY 6

Understanding Risk Management – Context and Application

Creating a Robust Strategy – The foundation of your business
Understanding the Difference between Strategic and Operational Risk
Risk and Uncertainty: The Difference between the Two Terms
Risk Aversion and Risk Tolerance – Project Selection and Prioristisation
Using Quantitative and Qualitative Techniques in Assessing Risk
The Concept of the Risk Management Cycle and How This Works

DAY 7

Identifying and Evaluating Risk

The Principal Drivers of Risk in Contemporary Business
Assessing Most Significant Categories of Risk for Business
Global Processes, Guidelines and Standards in Risk Assessment
The Relevance of ISO and the Professional Institutions
Application of the Main Tools and Techniques in Managing Risk and Uncertainty
Optimising a Risk Management Process

DAY 8

Understanding and Managing Specific Types of Risk (I)

Strategic Risk – Deciding on the programme / project mix
Incorporating Risk Analysis into Business Development Decisions
Contingency Planning and Understanding Risk Exposure
Operational Risk – Coping with variance and divergence from plan
Managing Complexity in Contemporary Business Structures
Managing Risk Associated with Alliances and Joint Ventures

DAY 9

Understanding and Managing Specific Types of Risk (II)

Financial Risk – Capital market dynamics, exchange rate exposure
Risks Associated with Different Forms of Corporate Capital Structure
Risks Associated with Management of Cash Flow / Credit
Legal Risk – The Requirements of Corporate Governance
Risks Associated with Intellectual Property Law
Product Liability / Litigation / Reputational Risk

DAY 10

Embedding Risk Management into the Corporate Culture

Latest Developments in the Field of Risk Management
A Structured Approach to Implementing Risk Management
Designing / Developing a Risk Management Process for Your Own Organisation
Implementing and Embedding a Risk Management Culture in Your Organisation

Certificates

On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance

Providers and Associations

Endorsed Education Provider

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

Options & Brochure

Related Categories

Corporate Governance, Compliance, & Risk Management

An Interactive 10-Day Training Course

The 10-Day Corporate, Risk Management & Compliance