Corporate Governance Policies & Practices Mastery Training Course in Dubai, UAE

Course overview

In the complex and dynamic world of corporate governance, businesses and government entities are continually grappling with the daunting task of designing, implementing, and maintaining effective policies and practices. These practices have a profound impact on the organization's performance, reputation, and most importantly, its culture. With increasing regulations and changing business landscapes, the need for robust governance policies and practices has never been more critical. This presents a challenging task for all levels of management who must understand and embed these policies within daily tasks to foster the ethical culture necessary to support their organization’s overall governance strategy.

Our comprehensive Corporate Governance Policies & Practices Mastery course is part of a larger selection of corporate governance courses, designed to meet these prevailing challenges. Aligned with the best OCEG Standards, it aims to equip you with essential skills and knowledge to comprehend, design, and implement efficient corporate governance policies. Offered public, online and in-house, this program culminates with a certificate of completion, making it a good opportunity for individuals looking to excel in their governance roles. After finishing, you'll be better prepared to help improve your organization's governance practices and framework, ensure compliance, and enhance overall corporate performance.

After completing the Corporate Governance Policies & Practices Mastery course, you will be able to:

• Understand the need and importance of corporate governance policies and practices and how they align with the organization's values
• Develop cultural awareness that fosters an appreciation for corporate governance policies among employees
• Develop a deep understanding of each policy's aim, context, and impact
• Align every decision with the governance policies to avoid breaches
• Understand the impact of corporate governance mechanisms on IFRS adoption and disclosures application
• Understand, evaluate, and recommend improvements to corporate governance models

Who Should Attend

This course program is ideal for:

• Board of Directors
• Board Members
• Legal Counsel
• Corporate Secretaries
• Internal and External Auditors
• Compliance Managers
• Head of Departments
• Risk Managers
• Financial Managers
• Accounting Managers
• Government Employees
• Anyone who is interested to extend their skills

What will you gain

Upon successful completion of this short course, part of our governance programs, you will:

• Have a comprehensive understanding of corporate governance within an organization's structure
• Be equipped with effective strategies to implement governance policies
• Have the ability to anticipate and manage risks proactively
• Apply principles of corporate governance in risk identification, monitoring, and control
• Appreciate the potential impacts of changes in governance policies on the organization
• Identify risks associated with weak compliance using global case studies of strong governance cultures
• Formulate contextual internal audit procedures for corporate governance
• Improve decision-making by enhancing the quality of information used
• Foster a robust governance culture within the organization
• Communicate and ensure adherence to the organization's risk appetite
• Define an integrated governance management model that aligns with the organization's vision and objectives

Course content

• Introduction to Corporate Governance
  • Main concepts: Principles of accountability, fairness and transparency
  • Benefits and regulations: implementation versus enforcement of laws
  • Sectoral codes
  • Global, regional and country trends in the context of UAE
• Governance Architecture and Corporate Culture
  • The new business models
  • Executives committee and board rules
  • Responsibilities of stakeholders
  • Legal definition
  • Shaping culture
  • The seven cultural values
  • Cultural diagnostic
  • Ethics
• Governance Policies and Procedures
  • Industry Characteristics
  • Purpose
  • Reserved matters
  • Code of conduct
  • Code of ethics
  • Business continuity
  • Conflict of interest
  • Equality, diversity and inclusion
  • Register of director interests
  • Data protection
  • Health and safety
  • Whistleblowing
  • Reserve policy
• Technological Impact on Policies and Procedures
  • IT governance
  • New International standards: UK, US
  • Regional standards: MENA
  • Country’s level: UAE, KSA, Oman
• Key Challenge in Implementing Governance Policies
  • Education and training for current employees: what is missing?
  • Different focus based on the business unit, department and management level
  • Consistency in internal rules and regulation
  • KPIs and ratings needed
• Corporate Governance and Accounting Standards in UAE Oman, and KSA
  • Board of Directors Characteristics
  • The principal source of code
  • Comply or Explain
  • Board Structure
  • Board Meetings
  • Audit Committee Attributes
  • Size, Independence, Diligence
  • Financial Expertise
  • Accounting standards in the UAE, KSA and Oman
  • Board and audit effectiveness
• Continuous Improvement and Evaluation of Corporate Governance
  • Monitoring and assessing the effectiveness of governance policies
  • Implementing a culture of continuous improvement
  • Best practices for conducting corporate governance audits
  • The role of external auditors in corporate governance
  • The importance of transparency and communication in governance
  • Lessons learned and case studies
  • Emerging trends and future directions in corporate governance
  • Crisis management and governance
  • Role of corporate social responsibility in governance
  • Evaluating and improving board performance and effectiveness
  • Succession planning for key governance roles