Course Overview

This training enables the participants to acquire the latest tools & techniques to apply the corporate governance fundamentals in the public sector by learning how to assist their organizations to have appropriate systems and structures to achieve a high level of organizational performance.

 

The training is designed to present, discuss, and provide guidance on key governance principles, rules, best practice recommendations and various issues, pertinent to organizations and thus also provides all the participants with a valuable to the implications, and the benefits, which arise from good governance standards and practices.

 

Course Objectives

The key objectives of this Corporate Governance Training for Board Members are to:

·        Ensure a sound basis for an effective corporate governance framework

·        Confirm that the composition of the board is well-rounded

·        Empower and equip the Board with skills required to perform their duties as Directors

·        Ensure a thorough understanding of the key areas of the code of corporate governance

·        Introduce best practices of the Board for an effective and efficient management

·        Promote transparency, accountability, fair disclosure, and equitable treatment for all stakeholders across the organisation

·        Avoid conflict of interest within the organisation

·        Ensure efficient internal controls and risk management systems within the company

·        Understand roles of directors, management, and various committees of the board

·        Apply the knowledge and information received through the training program to enhance existing systems and processes within one’s organisation, contributing to organisational growth and development

·        Understand regulatory and reporting requirements and ensure compliance

·        Promote and encourage environmental and social activities for the overall good of the community

Training Methodology

This collaborative Corporate Governance Training Certification for Board Members & Directors will comprise the following training methods:

·        Lectures

·        Seminars & Presentations

·        Group Discussions

·        Assignments

·        Case Studies & Functional Exercises

Who Should Attend?

·        Chairmen

·        Members of the Board of Directors

·        C-suite Executives, CEOs, CFOs and COOs

·        Independent Directors

·        Company Secretaries

·        Legal Advisors

·        External and Internal Auditors

·        Members of the Board Committees

·        Senior Executives, Members of Management Committees

·        HR professionals working closely with the boards

·        Shareholders eager to learn the principles and requirements of code of corporate governance

·        Aspiring board member

Course Outline

Module 1: Introduction to Corporate Governance

·        Principles of Corporate Governance

·        Objectives of Corporate Governance

·        The 4 Ps. of Governance

·        Key players in Corporate Governance

Module 2: Board of Directors

·        Composition of the Board

·        Duties and Responsibilities of the Chairman of the Board

·        Duties of Directors

·        Independent Directors

·        Role of Company Secretary

·        Board Evaluation

·        Board’s Best Practices

Module 3: Board Committees

·        Purpose of Board Committees

·        Audit Committee

·        Remuneration Committee

·        Technical Committee

Module 4: Introduction to Risk Management

·        Identification of Risks

·        Risk Assessment

·        Risk Mitigation

·        Monitoring

·        Reporting

Module 5: O.E.C.D. Guidelines

·        Effective corporate governance framework

·        Equitable treatment of shareholders

·        Institutional investors and other intermediaries

·        Disclosure and transparency

·        The responsibilities of the board

Module 6: Understanding Financial Statement

·        Balance Sheet

·        Income & Expenditure Account

·        Cash Flow Statement

·        Statement of Changes in Equity

·        Horizontal & Vertical Analysis

·        Ratio Analysis

Module 7: Finance for Non-Finance Professionals

·        Understanding key Financial Statements

·        Generally accepted Accounting Principles

·        Basic Accounting Terms

·        Internal Accounting Standards/ IFRS

·        Capital and Revenue Expenditure

·        Revenue Recognition Policy

Module 8: Internal Controls

·        Internal Checks and Segregation of Duties

·        Duties of Internal Auditors

·        Duties of External Auditors

·        Supreme Audit Authority (Only for Public Sector)

Module 9: Role of HR Department

·        Liaison with Remuneration Committee of the Board

·        Policies and Procedures of the Company

·        Effective Succession Planning and Training Requirements

·        Code of Ethics

·        Whistle-Blowing

·        IS0 30408 Guidelines

·        Best practices in Human Governance

 

General Notes

 

·         All our courses can be Tailor-made to participants' needs

·         The participant must be conversant in English

·         Presentations are well-guided, practical exercises, web-based tutorials, and group work. Our facilitators are experts with more than 10 years of experience.

·         Upon completion of training the participant will be issued with a Foscore development center certificate (FDC-K)

·         Training will be done at the Foscore development center (FDC-K) centers. We also offer inhouse and online training on the client schedule

·         Course duration is flexible and the contents can be modified to fit any number of days.

·         The course fee for onsite training includes facilitation training materials, 2 coffee breaks, a buffet lunch, and a Certificate of successful completion of Training. Participants will be responsible for their own travel expenses and arrangements, airport transfers, visa application dinners, health/accident insurance, and other personal expenses.

·         Accommodation, pickup, freight booking, and Visa processing arrangement, are done on request, at discounted prices.

·         Tablet and Laptops are provided to participants on request as an add-on cost to the training fee.

·         One-year free Consultation and Coaching provided after the course.

·         Register as a group of more than two and enjoy a discount of (10% to 50%)

·         Payment should be done before commence of the training or as agreed by the parties, to the FOSCORE DEVELOPMENT CENTER account, so as to enable us to prepare better for you.

·         For any inquiries reach us at training@fdc-k.org or +254712260031

 

·         Website:www.fdc-k.org