CORPORATE GOVERNANCE COURSE
Corporate governance has increasingly received attention over the last decade mainly due to the
collapse of prominent organizations in America and the United Kingdom. Questions have been asked
as to why such organizations that seemingly looked prosperous suddenly collapsed without warning
and with catastrophic consequences.
The failure of these organizations, were largely blamed on the
inability of the Board of Directors to provide effective leadership and controls. As a reaction to
what has been widely viewed as failures in corporate governance, a number of publications have been
developed to promote excellence in the board room.
The publications include such notable works as
the Cadbury Report, the OECD Principles, Code of Best Practices and many others. It has become clear
that, effective governance depends on the competencies that individual directors bring with
them to the board.
COURSE OBJECTIVE
This 2 day programme aims at ensuring that those appointed to the board of any organization have the
requisite knowledge and skills to effectively provide leadership for its affairs.
The course has been
designed in a manner that allows participants to examine their corporate governance experience in the
light of best practice. The course is also designed to address the challenges of corporate governance
prevalent in Malawi.
TARGET GROUP
Board of Directors and members of the Executive Management Team
COURSE OUTLINE
An overview of corporate governance
Key elements of governance
The mandate of the board
The conduct of the board
The board-management relationship
Characteristics of a well-functioning board
Financial reporting and its impact on corporate governance
Maximizing the auditing process to reduce risk and increase value and confidence in your organization
Understanding the role of directors in terms of law
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