Advanced Certificate in Corporate Governance

Why select this training course?

Generally, every company has a mode of operation, but a key concept common to all companies is corporate Governance. It is, therefore, suitable to answer the question,

What is corporate Governance?

Corporate Governance involves how companies are directed and managed to achieve their objectives. It encompasses relationship management, systems, mechanisms, processes, information transmission, communication, decision-making, and accountability to the apex level of a company. Simply put, it is the way companies are governed to achieve a purpose.

What is the corporate governance code?

Through the aggregation of best practices, the Corporate Governance Code establishes the foundation for outlining the procedures for corporate board members to act within their expectations and in the best interest of shareholders’ investments. In addition, code compliance is enhanced through board portal system software for support.

The Advanced Certificate in Corporate Governance by Rcademy will cover corporate governance ideas and practices and help participants learn how to govern and manage firms. It will keep people up-to-date on corporate governance trends and best practices. It will provide new employment possibilities, especially in senior management and Governance, and increase pay and job security. Finally, a corporate governance certification will enhance governance procedures, accountability, transparency, and business culture, promoting stakeholder trust and performance.

Who should attend?

The Advanced Certificate in Corporate Governance by Rcademy is a great fit for several people, particularly professionals in the corporate world and practice, whose constant functions are to interact with the company’s stakeholders, shareholders, and management. The following personnel should undertake the course:

• The Board of directors is responsible for the management, and administration of a company, and the achievement of the company’s objectives
• The company secretary is responsible for identifying corporate procedures and regulatory frameworks which a company should comply with
• Risk compliance manager tasked with ensuring the company’s adherence to corporate rules and regulations
• Shareholders who are part of the company’s stakeholders and are investing in a company
• Human resource managers who are responsible for personnel relations of corporate organization
• Lawyers who are involved in a company’s corporate social responsibility and Governance
• Employees who are responsible for working towards achieving the company’s objectives and purpose
• Managers who are responsible for the company’s administration and decision-making a company
• Any other personnel that is interested in understanding best Corporate Governance practices and deciphering companies that align with it

What are the course objectives?

The Advanced Certificate in Corporate Governance by Rcademy aims to help participants achieve the following objectives:

• Learn the necessary knowledge and skills to improve their advisory services to decision-making authorities concerned with the issue of Governance, voluntary, and public sector organizations
• Equip personnel with refined, best practices and knowledge in Corporate Governance, and the legal and regulatory frameworks necessary to engage in protecting the rights of the shareholders
• Understand the in-depth affinity between Corporate Governance, corporate finance, investments and other shareholder wealth maximization
• Discover a pathway for participants keen on becoming company directors, having an interest in law, leadership, problem-solving, and decision making
• Apply a proper understanding of the frameworks of Governance in a national and international context
• Learn how to provide advisory services on governance issues
• Understand the fundamental principles of risk management and good Governance
• Learn to decipher and evaluate governance problems and provide solution led-analysis

How will this course be presented?

The content of this course is curated solely to satisfy and improve participants’ knowledge and skill; it is participant-oriented. Several efficient methodologies that would ensure constant and active learning by participants are employed to deliver this course thoroughly. This course is taught by experienced professionals in this field that have garnered years of practice and experience. The modules that make up this course are from in-depth and extensive research on the subject matter.

The Rcademy course on Corporate Governance consists of theory and practical learning by providing lecture notes, slides on the concept, case studies, and real-life scenarios. Participants also engage in seminar workshops, presentations, quizzes, and constant feedback on lessons learned to confirm their optimum satisfaction.

What are the topics covered in this course?

Module 1: Background of Corporate Governance

• Introduction
• Origin of Corporate Governance
• Definitions of Corporate Governance
• OECD’s official definition of Corporate Governance
• The Cadbury Committee’s Definition of Corporate Governance
• The New Partnership for African Development (NEPAD) definition of Corporate Governance
• Scope of Corporate Governance
• Purpose of Corporate Governance
• Corporate ethics
• Importance of adopting standard Corporate Governance practices
• Consequences of weak governance practices
• Globalization and Corporate Governance

Module 2: Theories of Corporate Governance

• Shareholder theory
• Stakeholder theory
• Agency theory
• Agency conflict
• Agency costs
• Anglo-American theory
• The Continental European theory
• Criticisms of the theories

Module 3: Principles of Corporate Governance

• Responsibility
• Accountability
• Transparency
• Due care
• Integrity
• Fairness

Module 4: Approaches to Corporate Governance

• Shareholder value approach
• Shareholder rights
• Equitable treatment
• Protection of minority Shareholders
• Stakeholder approach
• Stakeholder protection
• Inclusive stakeholder approach
• Enlightened stakeholder value approach

Module 5: Managerial Skills in Corporate Governance

• Technical skills
• Human skills
• Conceptual skills
• Communication skills
• Diagnostic skills
• Political skills

Module 6: Role of Personnel in Corporate Governance

• Role of Board of Directors
• Establishment of the company’s strategic aims
• Supervision of management of business
• ­Report to shareholders and audit
• ­Relation with shareholders
• ­Risk management and internal control
• ­Corporate Social Responsibility
• Role of shareholders
• Role of executive management
• Role of company secretary
• Role of the audit committee

Module 7: Models and Mechanism of Corporate Governance

• The Shareholder Wealth Maximization (SWM) Model
• The Corporate Wealth Maximisation (CWM) Model
• International Models of Corporate Governance

Module 8: Control Environment

• Meaning of internal control
• Review of the system of controls
• Appropriate control environment
• ­Independent audit committee
• ­Risk management framework
• ­Inter-control procedure
• ­Internal audit function
• ­Independent external auditor
• ­Establishment of information systems
• Disclosure and transparency

Module 9: Relevance of Corporate Governance

• Performance improvement
• Improved valuation
• Improved stewardship
• Improved access to finance
• Improved risk management and cost control

Module 10: Implementation of Effective Corporate Governance

• Review of relevant documents and materials
• Brainstorming framework for managers and decision-makers of a company
• Comparison of the company’s Corporate Governance practice and conventional Corporate Governance
• Target formation to achieve effective Corporate Governance
• Case studies

Module 11: Modern-Day Corporate Governance Practice

• Background to Corporate Governance in the new world
• Management of strategic risks in a digital world
• Shortcomings of enterprise risk management
• Auditing digitalized environment