When a company's board doesn't fully understand its risk exposure, the cost usually shows up later — in a scandal, a regulatory fine, or a crisis nobody saw coming. This Corporate Governance and Risk Accountability Training Course from Arab British Fellowship Training Academy is built to close that gap before it becomes a headline, giving boards, auditors and senior managers a shared language for governance, risk and compliance.

Rather than treating governance and risk as separate disciplines, the programme shows how they function as one system — board accountability, risk identification and measurement, and compliance controls all feed into each other. Participants leave with practical standards for assessing risk, a clear understanding of the responsibilities that come with board and audit roles, and the compliance culture that keeps a company out of trouble.

• Examine the duties and responsibilities of the board of directors and the relationship between governance, risk and responsibility.
• Set clear objectives for auditing governance, risk and responsibility.
• Apply risk assessment skills and understand the compliance culture that supports them.
• Review real cases of compliance failure and their legal consequences.
• Compare corporate compliance with legal compliance, and define board-level governance requirements.

Target Audience

• Directors and owners of large commercial and industrial companies, and general managers in public and private companies.
• Board members, company secretaries and senior managers dealing with governance, risk and compliance obligations.
• Internal audit directors, audit managers and consultants overseeing production, sales, HR and contract functions.
• Financial control staff and students exploring modern approaches to financial auditing and risk detection.

Module 1: Why Governance and Risk Are One Conversation

• The link between governance, accountability and risk
• Stakeholders in corporate governance and what they expect
• Maintaining performance standards through board oversight

Module 2: Reading the Risk Landscape

• Identifying general sources of risk and building a risk matrix
• Internal and external environment changes that shift risk
• Strategic, operational, reporting, financial, and health & safety risk categories

Module 3: Assessing and Responding to Risk

• Methods and precautions for risk assessment
• The COSO risk management process
• Certifying risk assessments and handling corruption-related risk

Module 4: Compliance in Practice

• Compliance programme design and diligence responsibilities
• Controls across HR, payroll, sales, collections, and fixed-asset cycles
• Distributing risk-control and governance responsibilities across the organisation

Module 5: Board Accountability and Investigation

• Duties and responsibilities of the board of directors
• Legal case history: what happens when compliance fails
• Comparing corporate compliance with legal compliance