|22 - 26 Jul 2024||London - UK||$5,950|
The burdens and challenges facing government agencies of all kinds are increasing. Helpful corporate governance therefore will not only guard the business but also will improve the agencies’ performance by providing the tools they need to oversee the business well.
This 5-day GLOMACS Government Agencies Best Practices training course will explain how government agencies are best ordered and managed under the prevailing current challenges. Corporate Governance and its key tools of Compliance, Internal Audit, and Risk Management will be discussed in order to achieve its best benefit and finest implementation.
This Government Agencies Best Practices training course will inspire you to:
- Recognise relationship among Risk Management, Internal Audit, and Compliance within the governance framework
- Reduce various organisational risks while achieve your agency’s goals
- Compliance with the requirements of managing agencies and public entities
- Improve alignment to values, mission and vision of the organisation
- Implement the Compliance New Approach; Risk-based Compliance as well as the Internal Audit New Approach: Risk-based Approach
- Understand fundamental concepts of Corporate Governance, its principles and content elements to help organisation become a Principled Performer
At the end of this Government Agencies Best Practices training course, you will learn to:
- Align your GRC structures perfectly well and master its fundamentals and rules
- Improve risk management function while expanding compliance function
- Assist in formulating governance board committees
- Increase decision-making agility
- Master Audit Committee skills and responsibilities
- Assimilate the new risk-based approach of compliance and internal audit functions
A variety of training methods to reach the participants will be applied in a diverse manner. A number of methods will include brainstorming, lecturing, exercises, group discussion and sharing experiences. Case studies and short assessment shall be conducted during this training course.
This Government Agencies Best Practices training course gives you up-to-date perceptions into the domain of corporate governance, risk management, audit, and compliance, especially for those who are looking to become executives in their organisations very soon.
By the end of this training course, attendees will learn:
- Key Principles of Good Governance, Benefits & Barriers
- The best strategies for building high-quality governance framework
- The role of the board of directors at government agencies
- The Risk Management, Compliance & Internal Audit Departments’ Triangle
- Strategies to Reduce Systemic Corrupt Practices in Government Agencies’ Operations
- The Risk Management, Compliance & Internal Audit Relationship
Upon the completion of this Government Agencies Best Practices training course, participants will gain the following:
- Ability to assess, evaluate and audit the performance of Corporate Governance activities, and controls
- Improved alignment to mission, vision, and values of the organisation
- Improved governance performance and accountability
- Increased decision-making agility
- Improved confidence in managerial competences
- Enhanced knowledge of convergence Corporate Governance components
WHO SHOULD ATTEND?
This Government Agencies Best Practices training course has been researched and developed for professionals who are involved in the different aspects of corporate governance in the technical and non-technical departments in every functional area of responsibility in all industries.
This GLOMACS Government Agencies Best Practices training course is suitable to a wide range of professionals, but will greatly benefit:
- C Suite Executives (CIO, CTO, CFO, CMO, CHRO, etc.)
- Directors, Managers, and Superintendents within governance activities
- Board Members and Strategic Planners
- Legal Counsels, Corporate Legal Advisors, and Corporate Secretaries
- Risk Managers, Compliance Managers, and Internal Audit Managers
- Financial Controllers, Chief Accountants and Managers involved in driving GRC business
Corporate Governance and its Tools: Risk Management, Compliance & Internal Audit
- Corporate Governance; Definition, Concept, Rules, Principles
- What are the barriers and obstacles to actually enforce it?
- How to implement Corporate Governance in reality?
- Board’s Committees: Roles and Responsibilities
- Identifying the Audit Committee role and responsibilities
- Risk Management, Compliance & Internal Audit Overlapping & how to overcome it?
- Cooperation & Collaboration among this triangle functions
- Main thoughts to Improve Corporate Governance
Enterprise Risk Management: All you need to know about it
- Risk Management Fundamental Concepts, Universe & Principles
- Risk Management Framework; Policies, Methodologies, and Infrastructure
- Risk Management Limitations with Traditional Approaches to Risk Management
- Key Performance Indicators (KPI) vs. Key Risk Indicators (KRI)
- What is a Risk Register & How to Create One?
- Business Continuity Planning vs. Disaster Recovery Plan
- Risk Control Self-Assessment (RCSA)
- Role & Responsibilities of the Risk Champions
Identifying Different Categories of Organisational Risks in your Organisation
- Financial Risk, Credit Risk, Liquidity Risk
- Operational Risk
- Non-Compliance Risk
- Systematic Risk vs. Systemic Risk
- Political Risk, Sovereign Risk, Country Risk
- Strategic Risk, Legal Risk, Reputational Risk
- Fraud Risk, Ethical Behavior Risk, Criminal Behavior Risk
- ESG, Digital, Cyber, and Technology Risks
Risk-based Compliance & Risk-based Internal Audit
- Compliance New Approach; Risk-Based Compliance
- Role, Duty, Objective and Responsibility of a Compliance Officer
- What is the specific profile for a Compliance Officer?
- Money Laundering Threats and Methods & Terrorist Financing Threats and Methods
- What is risk-based internal auditing? How & why audit units move into Risk-Based Audit
- The transition from System-Based to Risk-Based Internal Auditing
- Risk-Based Audit Approach and Risk-Based Audit Methodology
- Auditing The Control Environment
Roles and Responsibilities of Audit Committee
- Role of The Board of Directors
- Board Models: Passive Board, Certifying Board, Engaged Bard, Intervening Board and Operating Board
- Underlining the Committee Role, Duties and Liabilities
- Business Plan vs. Strategic Plan and Strategic Planning vs. Strategic Management
- Risks in Focus 2023 and how Boards can tackle?
- Controlling Fraud: The Fraud Triangle and The Fraud Diamond
- Auditing Corporate Governance
- OMBUDS Process (Whistleblowing)
- 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
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
In Association With
Oxford Management Centre
A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.
GLOMACS Training & Consultancy
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