Auditing Corporate Governance

Introduction:

In light of the increasing importance of corporate governance in ensuring institutional sustainability, this program offers a comprehensive overview of the role of internal auditing in enhancing governance and regulatory compliance. By focusing on preparing governance oversight, auditing the review committee, and IT governance, the program aims to develop a thorough understanding and advanced skills among participants to ensure the effectiveness of governance in their organizations.

Objectives of the Corporate Governance Auditing Course:

• Audit the risk management process.
• Meet stakeholder expectations regarding corporate governance (CG).
• Evaluate the effectiveness of business continuity planning.
• Assist the audit committee in its role in corporate governance.
• Assess sustainability and environmental governance.
• Audit joint ventures and partnerships.

Course outlines for Corporate Governance Auditing:

Day 1: Corporate Governance Requirements

• Understanding Corporate Governance.
• The Six Fundamental Principles of Governance.
• Governance Warning Signs.
• Corporate Governance Insights Paper.
• Meeting Stakeholder Expectations.
• Key Governance Parties.
• Governance and Accountability Tools.
• IA 2120 Standard.

Day 2: Preparing for Governance Oversight

• Governance Structure.
• Leadership and Culture.
• Communication with Regulators.
• Board Responsibilities.
• Identifying Key Risks.
• Evidence Collection.
• Governance Board Risks.

Day 3: Auditing the Audit Committee Procedures

• Role of the Audit Committee.
• Internal Audit Reports.
• Risk Management Environment.
• Audit Reputation.
• Corporate Social Responsibility.

Day 4: Auditing IT Governance

• IT Auditing.
• Vulnerability Assessment.
• Risk-Based Auditing.
• Auditing Joint Ventures.
• Business Continuity Planning.

Day 5: Auditing Technology Governance and Regulatory Compliance

• Technology Controls.
• Security Management.
• Information Management.
• Internal and External Communication.
• External Stakeholder Surveys.