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Certified in Governance, Risk & Compliance

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Course Overview

As the world economy navigates through the major turbulences that have erupted as a result of Covid-19, many concerns are being raised as to whether Boards of Directors were well prepared to handle this type of crisis.
Some opine that Covid-19 uncovered major weaknesses in our current governance infrastructure and more specifically as it relates to the role of the Board of Directors at a group and at an individual director level. Key concerns pertaining to the following areas were raised:
→ Agility & Engagement
→ Strategy & Business Continuity
→ Director Qualifications & Skillsets
→ Risk Management & Value Preservation
→ Genuine Governance & Form Over Substance
→ Performance & Accountability
→ Risk Management & Fraud
This five-day program has been designed and tailor made to ensure that directors are equipped with the necessary knowledge that will enable them to tackle the key challenges being posed in a post Covid-19 era.
Our aim is to broaden horizons, add value and ensure that directors are equipped with the necessary tools that will enable them to preserve corporate value in the organizations they are serving.

Key Takeaways

A better understanding of board dynamics
Key learning points pertaining to Governance, Risk & Compliance
Focus on the importance of strategy & performance as key oversight tool
Linking renumeration practices & fraud prevention
Understanding out the Board of Directors influence culture
Enable directors to understand the importance of informed decision making
Obtaining a better understanding of director roles & responsibilities

International Academy of Business and Financial Management
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The International Academy of Business and Financial Management™ is one of the world’s fastest growing professional association with more than 200,000 members, associates and affiliates in 145 countries. IABFM™ hosts and organizes certification training worldwide and offers exclusive board designations to candidates who meet the highest professional standards and assessment criteria. The IABFM is credited by the American National Standards Institute (ANSI) the International Standards setting authority.

Course Outline

Part 1
→ Organizations That Failed (Sample Cases)
→ Why Institutions Fail?
→ Tone at the Top & Organizational Culture
Corporate Governance Principles
→ Board Composition & Appointment
→ Board Responsibilities
→ Board Committees
→ Rights of Shareholders
→ Disclosure & Transparency
→ Three Lines of Defence
→ Corporate Social Responsibility
Part 2
Strategy Design & Implementation
→ Strategy Development & Implementation
→ Role of the Board in Monitoring Implementation
→ The Strategy Development Process
→ Integrating Strategy & Risk Management
→ Objective Setting & Target Monitoring
→ Strategy Design & Fraud Risk Management
Organizational Culture
→ Culture is Everything!
→ Determining Desired Culture
→ Influencing Culture
→ Sending the Right Message
→ Culture & Fraud
→ Code of Conduct & Culture
→ Whistleblowing Framework
Part 3
Performance Measurement
→ Designing the Performance Management System
→ Measuring Board Performance
→ Key Performance Indicators
→ Measuring Management Performance
→ The Board Remuneration Committee
→ Remuneration & Fraud
→ Performance Measurement & Accountability
Enterprise Risk Management
→ Designing the Enterprise Risk Management Framework
→ Key Risk Indicators
→ What are ERM Frameworks?
→ What works best for us?
→ The role of the Board Risk Committee
→ Key Governance Fundamentals in ERM
→ Setting Risk Appetite
→ Fraud Risk Management
→ Identifying Top Risks & Related Responses
Internal Audit & Compliance
→ Effective Internal Control Framework
→ Effective Compliance Framework
→ Independent Audit Function
→ The Board Audit & Compliance Committees
→ The Importance of Regulatory Compliance
→ Risk Based Internal Audit
→ Compliance & Anti-Money Laundering
Part 4
Human Capital Management
→ Training & Development
→ Succession Planning
→ Recruitment & Retention
→ The Board Nomination Committee
→ Induction Program for New Directors
→ Nominating and retaining Directors & Executives
IT Governance
→ What is IT Governance?
→ Cybersecurity
→ Data Management
→ Digital Transformation
→ Business Continuity & Disaster Recovery
Part 5
Director Responsibilities
→ Individual Director Responsibility regarding:
• Understanding the Key Risks Facing the Institution.
• Understanding & Analysing Financial Statements.
• Effective preparation for Board Meetings to enable effective contribution and decision making.
• Understanding of related party transactions and related disclosures.
• Ensuring informed decision making.
→ The responsibilities of directors sitting on the following board committees:
• Audit Committee
• Risk Management Committee (if applicable)
• Nomination & Remuneration Committee
• Compliance Committee (if applicable)
• Executive Committee
Fraud Related Topics
→ Conflicts of Interest
→ Related Party Transactions
→ Bribery & Corruption
→ Financial Statement Fraud
→ Third party transactions

Who Should Attend?

This highly practical and interactive course has been specifically designed for
→ Directors/Board Members
→ Directors of Compliance
→ Chief Compliance Officers
→ C-Level Executives
→ Global/Country Heads of Compliance/Risk
→ Senior Regulatory Representatives

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What language will the course be taught in and what level of English do I need to take part in an LEORON training program?
Most of our public courses are delivered in English language. You need to be proficient in English to be able to fully participate in the workshop and network with other delegates. For in-house courses we have the capability to train in Arabic, Dutch, German and Portuguese.
Are LEORON Public courses certified by an official body/organization?
LEORON Institute partners with 20+ international bodies and associations.We also award continuing professional development credits (CPE/PDUs) for:1. NASBA (National Association of State Boards of Accountancy) 2. Project Management Institute PDUs 3. CISI credits 4. GARP credits 5. HRCI recertification credits 6. SHRM recertification credits
What is the deadline for registering to a public course?
The deadline to register for a public course is 14 days before the course starts. Kindly note that occasionally we do accept late registrations as well, but this needs to be confirmed with the project manager of the training program or with our registration desk that can be reached at +1071 4 1075 5711 or [email protected].
What does the course fee cover?
The course fee covers a premium training experience in a 5-star hotel, learning materials, lunches & refreshments, and for some courses, the certification fee and membership with the accrediting bodies.
Does LEORON give discounts?
Yes, we can provide discounts for group bookings. If you would like to discuss a discount on a corporate level, we will be happy to talk to you.