King IV Governance, Compliance and Assurance concepts are making headlines with increasing frequency. The legislative and regulatory landscape is constantly changing, resulting in greater emphasis and focus on the accountability and responsibility of management. Prospen Africa’s comprehensive workshop provides an overview and analysis of a range of frameworks and methodologies for King IV Governance, Compliance and Assurance.
Course Objectives
Upon completion of King IV Governance Compliance and Assurance Workshop, participants will be able to:
Practical application of key principles of King IV Governance Code a practical framework for implementing successful Corporate Governance
Strategic Planning
Policy processing to support sustainability
Collaboration between stakeholders
Latest international Governance trends
Assurance
Risk Management
Compliance
Monitoring
Implementing effective evaluation programs
The King IV Governance, Compliance, and Assurance Workshop offers several key benefits to participants:
In-Depth Knowledge: Attendees will gain a comprehensive understanding of the King IV Governance Code and its practical application, equipping them with the knowledge needed to implement successful corporate governance strategies.
Strategic Planning: The course covers strategic planning techniques, enabling participants to develop effective strategies that align with corporate governance principles.
Policy Support: Learn how to create and implement policies that support sustainability, helping organizations operate in a socially responsible and ethical manner.
Collaboration Skills: Understand how to foster collaboration among stakeholders, promoting a cooperative approach to governance and compliance.
International Best Practices: Stay up-to-date with the latest international governance trends, ensuring that your organization remains competitive and compliant on a global scale.
Risk Management:Gain insights into risk management techniques, allowing you to identify, assess, and mitigate risks effectively.
Compliance Expertise: Learn how to ensure compliance with relevant laws and regulations, reducing the risk of legal and regulatory issues.
Assurance: Develop the skills necessary to set the direction for assurance functions, enhancing transparency and accountability within your organization.
Enhanced Leadership:Improve leadership skills, particularly ethical leadership, to promote a positive organizational culture and responsible corporate citizenship.
Performance Evaluation:Discover how to evaluate organizational performance, implement approved policies, and enhance reporting frameworks.
Governance Structures:Understand the fundamental roles and responsibilities of governing bodies, promote diversity, and adhere to regulatory requirements.
Who should attend?
Managers of internal audit departments and other assurance functions
Compliance managers/Officers
General Managers
Legal Advisors
Legal Counsels
Chief Litigation Officers
Company secretaries
Procurement Managers
Operations Managers
Legal & Compliance Interns
In-House Legal Counsels
All General Legal Professionals
Risk Managers; Auditors, Anyone else with an interest in Corporate Governance.
Training Methodology
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content. – Course Material: Access well-crafted supporting resources. – Group Work: Collaborate on discussions and case studies for practical insights. – Workshops & Role-Play: Participate in immersive, scenario-based activities. – Practical Application: Focus on applying theoretical knowledge in real situations. – Post-Training Support: Receive extensive support after training for skill implementation.
Training Outline
Understanding Governance Risk and Compliance (GRC):
Different drivers in corporate governance
Making GRC a strategic objective for the organization
The GRC framework and model
Corporate Governance
Enterprise Risk Management
Compliance Management
Features of King IV:
Objectives of King IV
King IV definition of governance
Underpinning philosophies of King IV
Legal Status of King IV
Scope of application of King IV
Application – appropriate application of King IV
Transition from King III to King IV
Enhanced Leadership Skills, Ethics, and Corporate Citizenship:
Ethical Leadership and effectiveness
Organizational culture and its impact on leadership styles
Organization Values, ethics, and Culture
Responsible corporate citizenship
Strategy, Performance, and Reporting:
Implementation of approved policies
Performance evaluation
Reports and disclosures
Setting direction to reporting frameworks
Governing Structures and Delegation:
Fundamental Role and duties of the Governing Body
Promotion of Diversity
Composition of the governing body
Committees of the governing body
Chairing of the governing body
Regulatory requirements
Delegation to management
Performance evaluations
Governance Functional Areas:
Risk and opportunity governance
Engaging appropriate levels of risk
Assessment of risk
Control of Technology and information governance
Ethical and responsible use of technology
Compliance governance
Compliance with relevant laws
Remuneration governance
Transparent remuneration policies
Assurance – setting direction for assurance functions
Establishing Networks and Connections for Successful Implementation of New Policies:
Identifying and understanding the internal and external stakeholders
Practical approaches to build better connections and how to facilitate co-creation
Supporting and partnering with others to achieve greater efficiency and productivity
Expanding your influence and impact from local to organizational stakeholders