Corporate Governance and Risk Accountability Training Course
1Summary
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.
2Objectives and target group
- 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.
3Course Content
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