King IV encourages organisations to move beyond compliance to crafting actions that are appropriate to the organisation's context, and which will move them closer to achieving the goals enshrined in its 17 principles. In so doing, King IV is helping organisations realise the benefits of corporate governance. While King III called on companies to apply or explain, King IV assumes application of all principles, and requires entities to explain how the principles are applied – thus, apply and explain. King IV is principle- and outcomes-based rather than rules-based. Corporate governance should be concerned with ethical leadership, attitude, mindset and behaviour. The focus is on transparency and targeted, well-considered disclosures. King IV recognises information in isolation of technology as a corporate asset that is part of the company’s stock of intellectual capital and confirms the need for governance structures to protect and enhance this asset.
This two day Corporate Governance course provides delegates with an understanding of key Corporate Governance principles and offers practical advice on Corporate Governance best practice. It provides in-depth coverage of the King IV Corporate Governance Code, board structures, roles and committees, reporting and disclosure, corporate social responsibility and risk governance, IT governance and compliance.
Led by an experienced tutor, this two-day course will guide you through an implementation of an effective Corporate Governance, using a combination of practical exercises, group activities and class discussions.
Outcomes
Key areas learning covered during this course include:
A practical framework for implementing successful Corporate Governance
Practical application of key principles of King IV Governance Code
Director’s duties, classifications and accountability
Latest international Governance trends
Linkage between Governance, strategy & sustainability
Understanding risk governance and IT Governance
Understanding compliance
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