IIA Award in corporate governance, risk management and internal control

Presented By
Stephen Maycock CFIIA CRMA Stephen Maycock is a professional trainer, writer and consultant. His broad international experience, spans a number of sectors, and this has provided him with some fascinating case studies which he uses to bring his training to life.
Graham Westwood FIIA Graham specialises in internal audit covering principles and organisational features as well as essential practices and techniques. He was initially a qualified accountant but now concentrates solely on internal audit matters.

This Award introduces the key components required for effective corporate governance, risk management and internal control, drawing upon a wide variety of published good practice. The contributions required from a variety of roles are explored, along with techniques for embedding risk management into the culture of an organisation.


Who should attend?

This course is open to all.


What will I learn?

Upon completion you will be able to:

  • understand corporate governance concepts and the different approaches to governance in organisations operating in different sectors
  • appreciate the links between governance failings and current requirements
  • list key governance codes and requirements that exist within the UK and internationally
  • describe the key processes that are included in a risk management framework
  • appreciate the benefits of embedding risk management within an organisation and how this may be achieved
  • describe internal control frameworks and the links that exist between corporate governance, risk management and internal control
  • distinguish between the various roles that are essential for effective governance and risk management, including the roles of external parties

Course programme

Corporate governance concepts and approaches

  • definitions and terminology
  • board structures
  • stewardship, agency and stakeholder theories
  • voluntary and mandatory codes and requirements.

Organisational governance failures

  • case studies
  • themes in governance failures
  • reputation – importance and impact.

Corporate governance developments – UK and international

  • chronology of the development of corporate governance
  • internal control frameworks
  • example governance codes and guidance – UK and international.

Board effectiveness

  • board size and composition
  • board performance
  • board evaluation and re-election.

Governance roles

  • role of the board
  • chair and chief executive – roles and relationship
  • board subcommittees
  • non-executive directors
  • role of management
  • role of internal and external audit
  • reporting roles and responsibilities.

Stakeholders and regulators

  • shareholders and stakeholders
  • regulators and other external bodies influencing governance.

Corporate social responsibility

  • business ethics
  • dimensions of corporate social responsibility
  • stakeholder interests and engagement
  • key frameworks and legislation.

Risk management frameworks and standards

  • risk management concepts and terminology
  • development of risk management
  • risk types
  • risk management and corporate governance
  • risk management standards.

Strategic perspective on risk management

  • lines of defence
  • role of the board
  • role of risk committees and risk officers
  • role of management
  • role of functional experts
  • roles of internal and external audit
  • risk management policy.

The risk management process

  • objective setting and risk identification
  • risk analysis, evaluation and assessment
  • risk appetite and risk taking preferences
  • risk responses
  • control models and frameworks.

Embedding and monitoring of risk management

  • communication in risk management
  • monitoring and reporting
  • learning from risk incidences
  • relationships between governance, risk management and internal control
  • embedding risk management.

Pre-course preparation

There will be some pre-course preparation for this module which you will be advised on upon confirmation of your booking.


CPE competency areas covered

  • governance, risk & control

14 CPE points


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IIA Award in corporate governance, risk management and internal control

Duration: 2 days

22-23 October 2019

Schedule

Start: 09:00
End: 17:00

Location

York venue TBC

Cost

Member price:
Non-member price:
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Certificate Programme: Book as part of Certificate programme

19-20 November 2019

Schedule

Start: 09:00
End: 17:00

Location

Cardiff venue TBC

Cost

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Certificate Programme: Book as part of Certificate programme

18-19 February 2020

Schedule

Start: 09:00
End: 17:00

Location

London venue TBC

Cost

Member price:
Non-member price:
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Certificate Programme: Book as part of Certificate programme