Address
Iraq, Baghdad
Al Harthya st.

Course outputs :-

  • Defining corporate governance and its relationship to risk management and internal controls
  • Discuss the roles and responsibilities of various stakeholders in a private or public organization
  • Including corporate governance functions and distinguishing between the various models
  • Identifying areas for managing internal and external environmental risks and changes
  • Determine the appropriate controls to be implemented in several business cycles

Course Threads :-  

  • An overview of governance, risk management and internal controls
    • What is corporate governance?
    • Scope of corporate governance
    • Basic principles of corporate governance
    • Code of Conduct
    • Board of Directors
    • The Audit Committee Other committees
  • Stakeholders in corporate governance
    • the concerned
    • Shareholders’ equity
    • The duties and rights of the members of the Board of Directors
    • Internal and external auditors
    • Make risk-based decisions
    • Effects of failure of corporate governance
    • Competence Council
  • Corporate governance functions
    • Board independence
    • Selection, remuneration and evaluation of the board of directors
    • Analyzing the company’s current “Governance, Risk Management and Internal Controls” system
    • Disclosure and transparency
  • About Compliance
    • What is compliance?
    • The importance of compliance
    • Practical examples of compliance
    • Compliance risk
  • Enterprise risk management
    • Awareness of the risks
    • Why should we care about risks
    • Internal environmental changes
    • External environmental changes
  • Areas of risk management
    • Strategic risks
    • Practical risks
    • Reporting risks
    • Financial risk
    • Health and safety risks
  • Risk management process as per COSO guidelines
    • the internal environment
    • Setting goals Definition of events (risks)
    • Risk assessment
    • Responding to risks
    • Risk control activities
    • Information and communication
    • Monitor risks
  • Application of controls within business cycles and processes
    • Controls of the payment and purchase cycle
    • Controls the inventory and cost cycle
    • Human resources cycle controls and payroll systems
    • Controls the sales and collection cycle
    • Fixed asset life cycle controls

Target Groups :-  

Board members, general managers, executives, senior management, financial directors, legal advisors, lawyers, internal and external auditors, directors of human resources, and heads of departments.

EN
AR EN