Course Details
Course Outline
5 days course
Corporate Governance and the role of the Company Director and the Board
- Understanding Corporate Governance: an overview
- The role of the Company Director and Board in corporate governance
- Best practice: a look at the corporate Governance Codes
- Delivering good corporate Governance and meeting the legal and regulatory challenges: the need for robust internal processes and systems
- Establishing, communicating and monitoring controls
- Managing risk
- Managing compliance through effective auditing
Review powers, liabilities and statutory responsibilities of Directors and the Board
- Overview of the Director’s roles, responsibilities and duties
- What is a Director? Understanding the different types
- The purpose and use of Director service agreements
- Understanding Board structure and committees
- Role and duties of the Board: best practice principles
- Delegate powers and matters reserved for the Board
- Establishing an effective Board: purpose, policies and evaluation
- Introduction to the 2006 Companies Act and a review of its implications for Company Directors
- Liabilities and accountabilities of Company Directors
- Knowing the consequences of a Breach of duty
Focus on the role of the Director in relation to other corporate stakeholders
- Who are corporate stakeholders
- Identifying and mapping stakeholders
- Strategic stakeholder management
- Developing and implementing the action plan
- Communicating with stakeholders: Strategy and progress
- Managing stakeholder conflict
Review key legislation and its implications for both individual Directors and corporate liability
- Overview of the regulatory and legal framework – insight in to the breadth of legislation impacting businesses including competition, health and safety, employment, corporate solvency, wrongful trading and contract law
- Review of the 2006 Companies Act and its implications on the Board and the Business
- International framework and EU Directives
- Liabilities and accountabilities of company stakeholders
- Legal reporting requirements and the disclosure of information
Corporate Risk Management
- Understanding risk: what is risk?
- Identifying corporate risk
- Assessment, management, monitoring and risk reporting
- The risk culture: Risk adverse or risk taking
- Audit and risk committee
- Business continuity planning and crisis management
