One.Tel, Enron, Maxwell Communications, Arthur Andersen, Vivendi, WorldCom, HiH: what do all these international companies have in common? They were all brought to their knees by failures of corporate governance. They failed to manage themselves with the diligence necessary to ensure their survival.
Had they put good Corporate Governance practices in place, their short-comings would have been exposed much sooner, dramatically increasing the chances of saving the companies.
This course aims to give you the necessary understanding to ensure that good Corporate Governance practices can be introduced and maintained in your organisation.
The Corporate Governance program focuses on the following major content areas;
- The drive for good Corporate Governance
- History of Corporate Governance
- Alternative models
- Benefits of good Corporate Governance
- Examples of companies and countries that have suffered due to failure to adhere to corporate governance legislation / guidelines
- Consequences of failure for these companies
- Concepts of fairness re audits and accounting
- What an auditor must now do
- Key Sections of the Sarbanes Oxley Act
- The overall position in America, UK, Europe and Australia
- Common Law Issues
- Debrief: what's in it for you?
2 day (or custom tailored to your specific needs)
- Recognise the benefits of good Corporate Governance.
- Observe the advantages and disadvantages of Corporate Governance.
- Review recent Corporate Governance failures.
- Understand the concept for “fairness” from an accounting viewpoint.
- Review the American Business Roundtable guidelines.
- Discuss duties of staff under the Sarbanes Oxley Act.
- Discuss the London Combined Code of Corporate Governance and other similar legislation.
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