Corporate Governance Workshop Course Agenda

Corporate Governance Workshop Course Agenda

Course Agenda
Day 1

9:00 - 09:20 – Welcome and Introduction to course objectives

9:20-10:30 – Understanding the UK corporate governance framework

  • The 20th century governance background 
  • Examining the development of the UK Corporate Governance Code 
  • Evaluating traditional roles, responsibilities and structures 
  • Establishing the benefits of improved governance

10:30 - 10:45 – Coffee

10:45 - 12:30 - Directors’ duties and the legal risks

  • Duties – general and specific 
  • Reporting – shareholders and stakeholders 
  • Risks – shareholder litigation, regulator prosecution and disqualification 
  • Protections – systems and resources, and indemnity and insurance

12:30 - 13:30 - Lunch

13:30 - 15:15 – Implementing an effective risk management strategy

  • What is risk? 
  • Analysing important risks facing businesses in the 21st century                   
  • Examining the essentials for an effective risk management process, including strategy, risk, mapping, transparency and accountability and how to embed risk awareness into corporate culture 
  • Overview of modern risk models – Turnbull, COSO, Basel II  

Risk fitness test: 

  • Take the risk fitness test and evaluate how well your organisation’s risk management process shapes up in terms of best practice

15:15 - 15:30 – Coffee

15:30 - 17:00 – Highlighting the scandal factor, corporate integrity and how directors should behave

  • Examining headline cases 
  • Key areas of concern – effectiveness of audit, scrutiny of executives, design of remuneration packages 
  • Fraud in focus – how to take a strategic, risk based approach 
  • Controls framework – control environment, prevention and detection

Fraud awareness quiz

17:00 – Close

Day 2

09:00 - 10:30 – Developing an effective and talented board post - Higgs 

  • Board basics – governance process model 
  • Leadership – the crucial role of the Chairman 
  • Non-executive directors – independence criteria and scrutiny requirements 

Board and committee structures

Board analysis – how does your board compare to others in terms of the performance drivers built into the Code?

10:30 - 10:45 – Coffee

10:45 - 12:30 – Examining the different approaches to Governance Issues

  • Other UK governance models – AIM, public sector, GOCO
  • The US perspective (Sarbanes-Oxley Act 2002 and recent developments)
  • Other governance models around the world
  • Key governance issues – performance evaluation, training and development, diversity Discussion forum – through short presentations, delegates will discuss how the key governance issues of the day are handled in practice

12:30 - 13:30 – Lunch

13:30 - 15:15 – Understanding latest issues surrounding the key board committees (remuneration and audit)

  • Remuneration committee – tying remuneration to performance 
  • Elements of total pay & transparency of directors’ remuneration                  
  • Responsibilities and composition of the audit committee 
  • Relationship with internal and external audit and evaluating the audit process

13:15 - 13:30 – Coffee

15:15 - 17:00 – Business ethics – how to match values and behaviours

  • Definitions and scope – examining “grey areas” of business conduct 
  • Individual characteristics and corporate culture – the key drivers of behaviour 
  • The modern business ethics toolkit 
  • Practical model for making business ethics work

17:00  – Summary and close