An Intensive 5-day Training Course
Government Agencies Best Practices
How Government Agencies Are Best Controlled & Well-Organized
Course Introduction
The burdens and challenges facing government agencies of all kinds are increasing. Helpful corporate governance therefore will not only guard the business but also will improve the agencies’ performance by providing the tools they need to oversee the business well.
This 5-day training course will explain how government agencies are best ordered and managed under the prevailing current challenges. Corporate Governance and its key tools of Compliance, Internal Audit, and Risk Management will be discussed in order to achieve its best benefit and finest implementation.
This Oxford Management Center Government Agencies Best Practices training course will inspire you to:
- Recognize relationship among risk management, internal audit, and compliance within the governance framework
- reduce various organisational risks while achieve your agency’s goals
- Compliance with the requirements of managing agencies and public entities
- Improve alignment to values, mission and vision of the organisation
- Implement the compliance new approach; risk-based compliance as well as the internal audit new approach: risk-based approach
- Understand fundamental concepts of corporate governance, its principles and content elements to help organisation become a principled performer
Objectives
At the end of this Government Agencies Best Practices training course, you will learn to:
- Align your GRC structures perfectly well and master its fundamentals and rules
- Improve risk management function while expanding compliance function
- Assist in formulating governance board committees
- Increase decision-making agility
- Master Audit Committee skills and responsibilities
- Assimilate the new risk-based approach of compliance and internal audit functions
Training Methodology
A variety of training methods to reach the participants will be applied in a diverse manner. A number of methods will include brainstorming, lecturing, exercises, group discussion and sharing experiences. Case studies and short assessment shall be conducted during this training course.
Personal Impact
Upon the completion of this Government Agencies Best Practices training course, participants will gain the following:
- Ability to assess, evaluate and audit the performance of Corporate Governance activities, and controls
- Improved alignment to mission, vision, and values of the organisation
- Improved governance performance and accountability
- Increased decision-making agility
- Improved confidence in managerial competences
- Enhanced knowledge of convergence corporate governance components
Who Should Attend?
This training course has been researched and developed for professionals who are involved in the different aspects of corporate governance in the technical and non-technical departments in every functional area of responsibility in all industries.
This Government Agencies Best Practices training course is suitable to a wide range of professionals, but will greatly benefit:
- C Suite Executives (CIO, CTO, CFO, CMO, CHRO, etc.)
- Directors, Managers, and Superintendents within governance activities
- Board Members and Strategic Planners
- Legal Counsels, Corporate Legal Advisors, and Corporate Secretaries
- Risk Managers, Compliance Managers, and Internal Audit Managers
- Financial Controllers, Chief Accountants and Managers involved in driving GRC business
Course Outline
Day One
Corporate Governance and its Tools: Risk Management, Compliance & Internal Audit
- Corporate governance; definition, concept, rules, principles
- What are the barriers and obstacles to actually enforce it?
- How to implement corporate governance in reality?
- Board’s committees: roles and responsibilities
- Identifying the audit committee role and responsibilities
- Risk management, compliance & internal audit overlapping & how to overcome it?
- Cooperation & collaboration among this triangle functions
- Main thoughts to improve corporate governance
Day Two
Enterprise Risk Management: All you need to know about it
- Risk management fundamental concepts, universe & principles
- Risk management framework; policies, methodologies, and infrastructure
- Risk management limitations with traditional approaches to risk management
- Key performance indicators (KPI) vs. Key risk indicators (KRI)
- What is a risk register & how to create one?
- Business continuity planning vs. Disaster recovery plan
- Risk control self-assessment (RCSA)
- Role & responsibilities of the risk champions
Day Three
Identifying Different Categories of Organisational Risks in your Organisation
- Financial risk, credit risk, liquidity risk
- Operational risk
- Non-compliance risk
- Systematic risk vs. Systemic risk
- Political risk, sovereign risk, country risk
- Strategic risk, legal risk, reputational risk
- Fraud risk, ethical behavior risk, criminal behavior risk
- ESG, digital, cyber, and technology risks
Day Four
Risk-based Compliance & Risk-Based Internal Audit
- Compliance new approach; risk-based compliance
- Role, duty, objective and responsibility of a compliance officer
- What is the specific profile for a compliance officer?
- Money laundering threats and methods & terrorist financing threats and methods
- What is risk-based internal auditing? How & why audit units move into risk-based audit
- The transition from system-based to risk-based internal auditing
- Risk-based audit approach and risk-based audit methodology
- Auditing the control environment
Day Five
Roles and Responsibilities of Audit Committee
- Role of the board of directors
- Board models: passive board, certifying board, engaged bard, intervening board and operating board
- Underlining the committee role, duties and liabilities
- Business plan vs. Strategic plan and strategic planning vs. Strategic management
- Risks in focus 2023 and how boards can tackle?
- Controlling fraud: the fraud triangle and the fraud diamond
- Auditing corporate governance
- OMBUDS process (whistleblowing)
Certificate
Oxford Management Centre Certificate will be provided to delegates who successfully completed the training course.
Accreditation
In association with
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FREQUENTLY ASKED QUESTIONS
To check on availability please call Registrar’s Office at +971 50 985 0174. If you have any questions or enquiries please feel free to contact us
- Telephone: +971 50 985 0174
- E-mail: [email protected]
Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:
- Telephone: +971 50 985 0174
- E-mail: [email protected]
Yes, Oxford Management Centre is accredited by the following professional bodies;
National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.
Yes, discounts are available. For further information please call +971 50 985 0174 or email, [email protected]
Note: Discounts are not applicable with any other special offer that may be available.
There are 2 easy ways to register:
- Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
- E-mail: Send your details to [email protected]
We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.
For more information request, email [email protected] or call +971 50 985 0174.
The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.
While, online training fees cover the course presentation and digital documentation and relevant materials.
The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.
Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.
Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.
Upon receipt of your registration form, we will send you the following by e-mail:
- Registration Confirmation
- Invoice/Receipt (where appropriate)
If you register online you will receive an e-mail within 24 hours confirming your registration.
