Financial Governance - Intermediate Level

Overview:

Introduction:

Financial governance refers to the processes, policies, and practices that organizations implement to manage their financial resources responsibly and transparently. Effective financial governance ensures that financial operations align with organizational goals, regulatory requirements, and stakeholder expectations. This training program will equip participants with the knowledge and skills necessary to understand and implement best practices in financial governance, enhancing their ability to contribute to their organization's financial integrity and sustainability.

Objectives:

By the end of this training program, participants will be able to:

• Understand the principles and frameworks of financial governance.

• Evaluate and implement effective financial governance practices in their organizations.

• Identify the roles and responsibilities of key stakeholders in financial governance.

• Assess and mitigate risks related to financial governance.

• Comprehend the impact of regulatory frameworks and compliance on financial governance.

Targeted Audience:

•  Finance professionals and managers

•  Compliance officers

•  Internal auditors

•  Risk management specialists

•  Senior executives and board members

Outlines:

Unit 1

Foundations of Financial Governance:

• Introduction to Financial Governance

• Financial Governance Frameworks

• Roles and Responsibilities in Financial Governance

• Regulatory and Compliance Issues

• Ethics and Integrity in Financial Governance

Unit 2

Financial Reporting and Transparency:

• Financial Reporting Standards

• Internal Controls and Risk Management

• Audit Processes and Governance

• Disclosure Practices

• Technology and Financial Governance

Unit 3

Financial Decision-Making and Strategy:

• Strategic Financial Management

• Financial Risk Management

• Cost Management and Control

• Corporate Finance Principles

• Stakeholder Management in Financial Decisions

Unit 4

Regulatory Environment and Compliance:

• Overview of Financial Regulations

• Compliance Programs and Strategies

• Role of Regulatory Bodies

• Impact of Non-Compliance

• Future Trends in Financial Governance

Unit 5

Implementing Financial Governance Practices:

• Assessing Current Governance Practices

• Developing a Financial Governance Framework

• Monitoring and Evaluating Governance Effectiveness

• Case Studies in Financial Governance

• Action Planning for Financial Governance