Best Corporate Governance Practice
Training fee including food, lodging and tourism: $3,000.
People who cannot join the training on the scheduled date can have it on a date convenient to them either online or in person but are required to give Sopodiva a six-week notice prior to their chosen date.
Session Duration: 20 – 24 May 2025 & 20 – 24 October 2025
Introduction
In recent years, corporate governance is one of the features of any good business. The law enforcers and makers have stepped up their attention on how businesses are being run. Good corporate governance ensures that an organisation’s board of directors meet regularly, retain control over the business and have clearly defined responsibilities. It also ensures a robust risk management system. This SOPOPROF workshop, is a five-day training workshop which, seeks to provide participants with a thorough understanding and knowledge around corporate. governance, regulators, corporate governance code, principles, models, policies and best practices to create a solid governance structure that will help them to deal professionally with all corporate challenges and risks.
Workshop objectives
- Participants should understand what Corporate Governance is and why it is important.
- Participants should be able to adopt a mechanism for effective governance in their organisation.
- Participants should understand the roles and responsibilities for boards and senior management.
- Participants should at the end of the workshop be able to apply the principal components of good Corporate Governance
- Participants should understand how to protect their organizations from regulatory risk.
THIS TRAINING WORKSHOP IS TARGETED AT
- Board Directors, Mangers, leaders and business owners.
- Executive assistant
- Assistant Company secretary
- Internal and external auditors
- Internal control department
- Accountants and financial department
- Legal advisors
SOPOPROF WORKSHOP OUTLINE
- Introduction to Corporate Governance
- What is Corporate Governance
- Objectives of corporate governance
- Models of Corporate Governance
- Different theories about Corporate Governance
- Code of ethics and Governance
- Pillars of Corporate Governance
- Structure of Corporate Governance
- Principles of Corporate Governance
- Roles & responsibilities of Board and executive mangers
- Board committees
- Corporate social responsibility
- Internal control system
- The Compliance function in your organization
- Principles of Good Corporate Governance
- Responsibility and Accountability
- Disclosure and Transparency
- Leadership and stakeholder management
- Investor protection
- Shareholder relationships
- Fairness and Assurance
- Risk Management and Measuring Performance
- Risk Management process.
- Risk assessment policy
- Fraud prevention, detection, and investigation
- Compliance with the regulatory environment
- Strategic control and review mechanisms
- Monitoring and Measuring Progress and Performance
- Best Practices for Corporate Governance
- Existing of certified board of directors
- Committee Structure – Board Committees
- Robust and Clear roles and responsibilities
- Aligning strategies with your organization’s objectives
- Being accountable, responsible, and transparent
- Possessing a high level of conducts and integrity
WORKSHOP METHODOLOGY
This training workshop will combine presentations with interactive practical exercises, supported by video materials, activities and case studies to make it easy to understand for our targeted audience who are non-English speakers.
SOPOPROF TOUR
- Day one: participants will have the opportunity to visit and explore the University of Ghana.
- Day two: participants explore the Accra Mall and take the chance to watch a movie at the Silverbird Cinema before making their way back to the hotel.
- Day three: participants will tour the Kwame Nkrumah Mausoleum.
- Day four: industrial tour within Accra or Tema Metropolis
- Day five: participants will have to take enough rest on this day as they will embark on a much longer trip on day six.
- Day six: a trip to a tourist site outside Accra
