Certified Governance Professional - Virtual Learning

Certified Governance Professional - Virtual Learning

Why Attend

Governance is a critical topic that is attracting more attention in business schools and among legislatures, with this trend only increasing. Governance aims to organize the relationship between the company and its stakeholders or a government entity with society.  This one-week course covers the application of governance principles and board composition and independence in public and private sectors.  Also, in this course, the competencies and duties of the board, committees, and executive management are discussed. This is followed by the competencies and duties of the different departments in the three lines of defence. Lastly, transparency, disclosure, and the responsibility towards stakeholders will be covered.

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Overview
Course Methodology

The course is built on presentations by the instructor and the participants and includes exercises and case studies to be discussed in the training.

Course Objectives

By the end of the course, participants will be able to:

  • Apply international standards for board governance and independence in public and private sectors
  • Advise on assigning duties to the board and to the executive management
  • Assist in forming efficient board committees and indicating their duties and competencies
  • Establish the second and third lines of defense and distribute the duties to the different departments
  • Assess the application of the principles of transparency and disclosure, and responsibility towards stakeholders
Target Audience

Board members, chief financial officers, senior management, directors, finance managers, financial controllers, accounting and finance personnel, legal counsel, corporate legal advisors, corporate secretaries, lawyers, external and internal auditors, HR managers, and department heads.

Target Competencies
  • Board Governance Structure & Composition
  • Board Committee Performance & Oversight
  • Governance, Authority & Role Accountability
  • Internal Control & Governance Assurance
  • Strategic Stakeholders Engagement
  • Stakeholder Rights & Governance Compliance
Note

This course is worth 25 NASBA CPEs.

Course Outline
  • Composition and Independence of the Board
    • Appointment of the board members
    • Provisions for the membership of the board
    • Independence of board members
    • Main functions of the board
    • Oversight over executive management
  • Fiduciary Duties of the Board and Management
    • Competencies and duties of the chairperson of the board
    • Tasks and duties of the board members
    • Duties of the Independent director
    • Board meetings
    • Exercising the competencies of the board
    • Executive management duties
  • Efficient Board Committees
    • Forming the committees
    • Committees’ membership
    • Audit Committee
    • Nomination and remuneration committee
    • Risk management and compliance committee
  • Implementation of Internal Control System
    • Three lines of defense
    • Establishing an independent department
    • Duties of the internal audit
    • Duties of the external auditor
    • Implementation of effective governance
  • Ethics and Social Responsibility to Stakeholders
    • Conflict of interest
    • Disclosure of conflict of interest
    • Professional conduct
    • Social responsibility
    • Disclosure and transparency
    • Relationship with stakeholders
MPC
MPC Certifications
Meirc Professional Certificate (MPC)

MPC certified courses by Meirc Training & Consulting are designed for those willing to challenge themselves and go the extra distance. Participants who fully attend an MPC course and successfully complete the test on the last day, will receive a Meirc Professional Certificate (MPC), in addition to the one they receive for full attendance. MPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside.

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