Corporate/Public governance and risk management are critical There is increasing attention being paid to corporate governance and risk management in business schools and among legislators.
There are different models for corporate governance and risk management, all of which aim to organize the relationship between stakeholders. between the organisation and stakeholders and controlling risks effectively. Governance, Risk Management, Compliance, and Effective Internal Controls' are all part of one system. And this is an important fact that, Unfortunately, not all companies have this avant-garde look towards this system.
This course includes discussions about board structure, committees, and their functions. It covers the process of managing risks in accordance with the Committee of Sponsoring Organizations of the Treadway Commission (COSO) requirements.
In addition, the course includes a discussion on internal controls. Those controls are used to respond to the risks in different areas of the corporation. Compliance is also covered per the latest developments.