An Intensive 5-day Training Course
Governance, Risk Management Banking & Financial Knowledge Update
Master and Update Key Governing Roles to Control
your Organization and Achieve Best Financial Outcomes
Course Introduction
This Advanced “Governance, Risk Management, Banking & Financial Knowledge Update” training course aims at improving the adaptation and integration of the fundamental components and tools of Governance: Risk Management, Compliance and Internal Audit Processes.
This Oxford Management Centre training course will also update your skills and awareness of the various banking products & techniques and financial instruments & practices that serve and support the governance process within the organization.
Objectives
Upon the completion of this advanced Governance, Risk Management, Banking & Financial Knowledge Update training course, participants will gain:
- Improve alignment to mission, vision and values of the organization
- Evolve performance and accountability
- Increase decision-making agility
- Advance accountability for key objectives, risks, and performance
- Enhance convergence of Governance components
- Reduce the financial risk while achieve your organization’s goals
- Understand fundamental concepts of Governance & Fiscal Sustainability
Training Methodology
A variety of seminar tools to reach the participants will be applied in a diverse manner. This Oxford Management Centre Governance, Risk Management, Banking & Financial Knowledge Update. Training course will combine “hearing” and “seeing and writing”. A number of methods will include brainstorming, exercises, group discussion and sharing experiences.
Organisational Impact
- Key Principles of Good Governance in the Public Sector
- Governance Benefits & Barriers
- The Risk, Compliance & Internal Audit Triangle
- Internal Audit New Approach: Risk-based Audit
- Compliance New Approach: Risk-based Compliance
- Risk Management Taxonomies
- Strategies to Institutionalize the Regulation, Monitoring, and Enforcement of Government Projects and Programs
- Strategies to Reduce Systemic Corrupt Practices in Government Operations
- Fiscal Management Accountability: Revenue Forecasting and Expense Budgeting
- Banking Activities Related to Managing Their Business
- Cash Flow Analysis, Liquidity and Working Capital Management
- Financial Analysis and Ratio Analysis
Personal Impact
Upon the completion of this advanced Governance, Risk Management, Banking & Financial Knowledge Update training course, participants will gain:
- Improved alignment to mission, vision and values of the organization
- Improved performance and accountability
- Increased decision-making agility
- Increased accountability for key objectives, risks, and performance measurement
- Enhanced convergence of CG components
- Improved confidence in managerial competences
Who Should Attend?
This Governance, Risk Management, Banking & Financial Knowledge Update training course is suitable to a wide range of professionals working on Governmental Organizations and Public Sector Entities which are planning to apply proper governance within their culture and operations.
This Governance, Risk Management, Banking & Financial Knowledge Update training course is suitable to a wide range of professionals but will greatly benefit:
- Senior and middle level management of the Governmental Organizations and Public Sector entities
- Executive management and directors
- Responsible directors working at finance, internal audit, risk management
- Managers of compliance and internal control departments
- Non-Financial directors
Course Outline
Day 1
Governance, What is it about? Key Principles of Good Governance in the Public Sector
- The Definition, Goals, Basics and Principles of Governance
- The Added Value of Governance
- Building Governance Framework
- Key Principles of Good Governance in the Public Sector
- Key Requirements to Achieving Good Governance in the Public Sector
- External & Internal Parties Involved in Governance Process
- Governance Committees - Audit Committee The Most Important One
- Benefits of Integrating Governance Activities
- Effective Executive Management & Board Members
- Barriers / Obstacles That Prevent Full Implementation of Governance
- OECD Principles of Governance
Day 2
The Risk, Compliance & Internal Audit Triangle
- The Fundamental Differences and Importance of Its Convergence
- Overlapping: Healthy or Wasteful?
- Cooperation Among These Functions
- New Trend in Audit: Risk-based Internal Audit
- How and Why Audit Units move into Risk-based Audit Programs
- Auditing the Control Environment
- Risk-based Compliance: Definition, Responsibilities and Goals
- Anti-Money Laundering
Day 3
Banking System - Benefits of Dealing with Banks
- Commercial Banks vs. Investment Banks
- Different Bank Accounts - Savings, Time Deposit, Current A/C’s
- Lending Types: Overdraft vs. Term Loan and Lending Collaterals
- Letter of Credit and Letter of Guarantee
- Terminology & Concepts
Day 4
Interpretation of Financial Statements - Financial Structure & Financial Analysis
- Why do we have Financial Statements?
- Purpose & Objectives of Auditing Financial Statements
- Financial Position Components: Assets & Liabilities
- Understanding The Characteristics of The Financial Statements
- Healthy / Unhealthy Financial Structure
- Profitability, Liquidity, Leverage, Activity & Debt Ratios
- Gap Analysis & Mismatch Problem
- Cash Flow Analysis
Day 5
Risk Management Taxonomies
- Risk Management Framework
- Risk Management Triangle
- Credit Risk, Operational Risk, Market Risk
- Risk Control Self-Assessment (RCSA)
Certificate
Oxford Management Centre Certificate will be provided to delegates who successfully completed the training course.