King IV Governance Compliance and Assurance Workshop

King V Governance Compliance and Assurance Workshop

Practical Application of South Africa's Current Corporate Governance Code

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Platform:
Online
In-class
Date Venue Duration
09 - 13 November 2026 Sandton, Gauteng 5 Days
01 - 05 February 2027 Sandton, Gauteng 5 Days
15 - 19 March 2027 Sandton, Gauteng 5 Days
10 - 14 May 2027 Sandton, Gauteng 5 Days
21 - 25 June 2027 Sandton, Gauteng 5 Days

Course Introduction

Corporate 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. This King V Governance, Compliance, and Assurance Workshop provides an overview and practical analysis of the King V Code on Corporate Governance for South Africa — the code that officially supersedes King IV in its entirety for financial years beginning on or after 1 January 2026.

 

This King V Governance, Compliance, and Assurance Workshop covers what has genuinely changed: King V’s deconstructed four-document format, the consolidation of 17 principles into 13, the new mandatory Disclosure Framework, the shift to outcomes-based governance evaluation, new committee independence requirements, and entirely new territory King IV never addressed — AI and automated decision-making governance, systems-value sustainability thinking, and remuneration malus and clawback standards. You’ll leave with a practical transition and assurance plan for moving your organisation’s governance practice from King IV to King V.

Course Objectives

This King V Governance, Compliance, and Assurance Workshop equips you to understand, apply, and lead your organisation’s transition to King V governance, compliance, and assurance practice.

By the end of this workshop, you’ll be able to:

  • Understand the structural, principle-level, and philosophical changes between King IV and King V

  • Apply the King V Code’s 13 consolidated principles to organisational governance practice

  • Apply the new, mandatory King V Disclosure Framework to organisational reporting

  • Evaluate governance performance using King V’s four core outcomes, not just adopted practices

  • Structure Risk and Social & Ethics Committees to meet King V’s new independence requirements

  • Apply King V’s governance expectations for AI and automated decision-making

  • Apply King V’s sustainability and systems-value concepts to organisational strategy

  • Build a practical King V transition and assurance plan for their own organisation

Course Benefits

  • Current to King V, Not King IV: Learn the code that’s actually in effect for financial years from 1 January 2026 onward, not the standard it replaced.

  • A Practical Transition Plan, Not Just Theory: Understand exactly what your organisation needs to change moving from King IV to King V practice.

  • Ahead of the Compliance Curve: Understand the new mandatory Disclosure Framework and committee independence requirements before they catch your organisation off guard.

  • Covers What’s Genuinely New: AI governance, systems-value sustainability, and remuneration malus and clawback — areas King IV never addressed.

  • Assurance-Ready: Build the practical assurance and compliance skills to support your organisation’s King V reporting with confidence.

Who should attend?

This King V Governance, Compliance, and Assurance Workshop is designed for:

  • Governance, Risk, and Compliance Professionals

  • Board Members, Company Secretaries, and Governance Officers

  • Internal Auditors and Assurance Professionals

  • Senior Managers and Executives Responsible for Governance Implementation

  • Anyone Transitioning Their Organisation’s Governance Practice from King IV to King V

Audit, Risk and Governance courses

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

DAY 1 — Foundations of King V Governance

Session 1: From King IV to King V — What’s Changed and Why It Matters

  • King V’s deconstructed format: Foundational Concepts, the Code, the Glossary, and the Disclosure Framework, as distinct standalone documents

  • Consolidation of 17 King IV principles into 13 King V principles, and what was merged or removed

  • The removal of King IV’s institutional-investor-specific Principle 17, and the shift to applying King V alongside CRISA

  • Why King V refines rather than overhauls King IV, and what that means for organisations already applying King IV

Practical Exercise: Map your organisation’s current King IV practices against the new King V principle structure.

Session 2: King V Principles and the Four Governance Outcomes

  • The 13 consolidated King V principles and how recommended practices are now organised around governance function

  • King V’s shift to an outcomes-based model: ethical leadership, sustained performance and value creation, effective compliance and sound internal control, and organisational legitimacy

  • Why boards must now evidence impact, not merely intent

  • Applying the four governance functions: steering and setting direction, policy and planning, oversight and monitoring, and accountability

Practical Exercise: Assess a sample governance practice against King V’s four core outcomes.

DAY 2 — Applying King V in Practice

Session 3: The Mandatory King V Disclosure Framework

  • How King V’s disclosure regime departs from King IV’s more flexible “apply and explain” approach

  • Applying the standardised King V Disclosure Framework to organisational reporting

  • Common disclosure gaps that arise when transitioning from King IV to King V

  • Building disclosure practice that is defensible under audit and regulatory scrutiny

Practical Exercise: Draft a King V-aligned disclosure statement for a sample governance practice.

Session 4: Risk, Compliance, and Committee Governance Under King V

  • Applying risk oversight and compliance principles within the King V framework

  • King V’s new committee composition requirement: Risk and Social & Ethics Committees must have a majority of nonexecutive members, including at least one independent member

  • Structuring committee composition and terms of reference to meet this requirement

  • Assurance considerations for internal audit under King V

Practical Exercise: Review a sample committee composition against King V’s new independence requirement and recommend changes.

DAY 3 — Emerging Governance Frontiers and Your Transition Plan

Session 5: Technology, AI Governance, and Sustainability Under King V

  • King V’s governance expectations for AI and automated decision-making, including accountability and human oversight

  • The concept of “systems value” in sustainability: recognising organisational interests as integral to, not merely overlapping with, broader socio-ecological systems

  • Remuneration malus and clawback fairness standards under King V

  • Governance considerations for mergers, acquisitions, and group structures under King V

Practical Exercise: Identify how your organisation’s technology and sustainability governance would need to adapt under King V.

Session 6: Close-Out — Structured Gap Analysis and Your King V Implementation Plan

  • Facilitated group workshop: conducting a structured gap analysis between current King IV-era practice and King V requirements

  • Sequencing a realistic King V transition for your organisation

  • Building a formal implementation plan, including roles, responsibilities, and timelines

  • Building assurance processes that support ongoing King V compliance

  • Peer consultation on overcoming resistance and securing organisational buy-in

Practical Exercise: Complete a structured gap analysis for your organisation and build a formal King V implementation plan with assigned roles, responsibilities, and timelines.

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Success Stories

Discover how our courses enhance professionals’ effectiveness in their workplaces.

Central Bank of Lesotho

Fraud Risk Management

The Fraud Risk Management training was clear, practical, and very relevant to day-to-day work. Content was well structured and the real world case studies made concepts easy to apply. Presenter knowledge and engagement kept the session interactive. Overall a valuable program that strengthened my understanding of fraud detection, prevention, and regulatory requirements.

Central Bank of Lesotho

Fraud Risk Management

The facilitator was exceptionally good, approachable eloquent and was able to structure the course content to relate to our specific work designations, it was just perfect service delivery

Central Bank of Lesotho

Fraud Risk Management

Keep up the good work which I experienced during my training being training materials offered and great hospitality we received from all the staff members

Centenary Rural Development Group Ltd

Risk Management for Risk champions

Very informative course with good content and benchmarks of key players in South Africa. We are able to agree a plan on how to build an enterprise risk management framework for a developing group of companies. Several references to guide us and experienced Facilitators

GEMS

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Very happy with the training. It was excellently delivered and comprehensively covered all critical aspects of ESG and effectively contextualised them within the environments of our respective organisations.

North West Gambling Board

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The course was eye opening and exceeded my expectations.

FAQs – King V Governance, Compliance, and Assurance Workshop

Find answers about King V governance, corporate compliance, risk management, assurance, ethical leadership, and effective governance practices.

What is the focus of the King V Governance, Compliance, and Assurance Workshop?
This workshop focuses on the practical application of King IV™ principles, ethical leadership, corporate governance, risk management frameworks, and internal control/assurance integration to drive organizational accountability and sustainable value creation.
Who should attend this governance workshop?
This course is designed for Board Members, Company Secretaries, Chief Governance Officers, Risk & Compliance Managers, Internal Auditors, Legal Advisors, and Executive Directors seeking to align their governance practices with King V standards.
What key governance topics and tools are covered?
Key focus areas include King V leadership ethics, combined assurance models, compliance risk frameworks, board oversight duties, environmental/social governance (ESG) alignment, and audit committee performance metrics.
What learning delivery options are available for this workshop?
The workshop is delivered through interactive live Online virtual sessions, face-to-face In-Class venue training (such as Sandton, Cape Town, and Durban), and tailored In-House group sessions for executive teams.
What is the duration of the King V Governance, Compliance, and Assurance Workshop?
The standard workshop runs over 5 days, incorporating practical compliance mapping, board case studies, practical governance exercises, and group discussions.
How can our organization register or request a quote for this course?
You can register directly on the course page, request a formal quote online, or contact Prospen Africa via email at admin@prospen.co.za or phone at +27(0)11 882 0392.

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