The OCGS designs and delivers a wide variety of training courses and certificate programs covering all areas of corporate governance & corporate social responsibility. These courses and programs are targeted at directors, board members, managers, but sometimes also other parties.
Training is designed and delivered interested to specifically meet the practical needs of participants from listed companies ,state owned enterprises. Training cover both, basic and advanced training. Alternatively, tailored courses for specific company needs are being offered such as in-house training for the board members of one company that tackle specific challenges of implementation a company might face.
This program consists of four parts as follows:
Part I: An Introduction to Board and Corporate Governance:
- Module 1: CG & Building an Effective Board In line with Omani new code of corporate governance and best practices:
- When to create a Board and why Boards are so important
- Understanding the Difference between the Board and Mgmt.
- The Role and Authority of the Board
- Directors’ duties
- Module 2: Board Election, Composition and Structure:
- Overall board structure
- Structuring board committees
- Structuring the functions of the CEO / chairman
- Module 3: The Working Procedures of the Board and Its Committees, and the Role of the Corporate Secretary:
- The Importance of Good Board Procedures
- Preparing and Conducting for Board Meetings
- Information flows, Voting, Minutes
- The Roles of Key Players and role of the corporate secretary
- Module 4: Case Study: Conducting a Board Self-Evaluation:
- What is a board evaluation
- Why conduct a board evaluation
- How to conduct a board evaluation
Part II: Practical Tools for Strategic Guidance and Managerial Oversight:
- Module 1: The Role of the Board in Setting Strategy and Monitoring Performance:
- Definition of strategy and strategic management
- The Board’s role in strategic management
- The Board’s role in the strategic planning process
- Module 2: The Interaction on between the Board and Management:
- Managing the Information flow
- Overcoming barriers to effective information management
- Behind boardroom doors
- Module 3: A Guide to Succession Planning:
- Concept and need for succession planning
- How is key positions succession planning organized
- Role of the Board in succession planning
- A framework for succession planning
- Module 4: The Board and Risk Management:
- Concept of Enterprise Risk Management (ERM)
- Elements of ERM system
- ERM and corporate governance
Part III: The Role of the Board in Disclosure and Transparency:
- Module 1: An Introduction to the Board’s Role in Information Disclosure and Transparency In line with Omani new code of corporate governance:
- General disclosure matters
- Why, what and how to disclose information
- What is the role of the board versus the role of management in disclosure
- Examples of non-financial disclosure
- Voluntary disclosure
- Module 2: Establishing Internal Audit and Control Procedures:
- Internal audit framework.
- Internal audit activity purposes, scope, authorities, and responsibilities.
- Internal audit activity charter, independence, objectivity, and professional proficiency.
- Communicating results.
- Module 3: The Board and its Audit Committee:
- Responsibilities and functions of the audit committee.
- The relationship of the audit committee with the internal audit activity .
- Audit committee’s charter, and reporting approach.
- Module 4: How to Interact With the External Auditor:
- The purpose of external audit.
- Financial statement’s users
- External auditor’s independence
- Relationship with Audit Committee.
- Relationship with Internal Auditor.
Part IV: The Role of the Board in Protecting Shareholders’ Rights:
- Module 1: An Introduction to the Board’s Role in Protecting Shareholders’ Rights:
- Shareholder rights under the OECD Principles of Corporate Governance
- Specific shareholder rights
- Module 2: The Board’s Role in Related Party, Extraordinary and Control Transactions:
- What are related party transactions?
- What are the concerns to corporate governance?
- RPTs and auditing
- What should be disclosed about RPTs in the financial statements?
- What is the role of the audit committee?
- Real cases
- Module 3: The Board’s Role in Managing Corporate Conflicts:
- Corporate conflicts: concepts and key procedures
- Mediation Further out-of-court resolution of corporate conflicts
- Module 4: Case Study: Building a Corporate Governance Improvement Plan through a board meeting simulation
Board Development Series BDS
Language : English / Arabic)
No. of training days Days : 4 training days, It can be conducted in either 4 continuous days or can be broken in 2 parts each part 2 days and conducted in separate day parts.
Trainer : A professional and certified by IFC. OCGS will provide:
- Training materials and other logistics, per each trainee, training place in 5 star hotels with 2 coffee breaks , & Lunch ( buffet ).
- Bearing the trainer Fees.
- Certificate to each participant.
- Corporate governance definition and benefits.
- The competing goals that corporations may have.
- How good CG could affect the company’s sustainability
- BOD composition and its responsibilities.
- Board Committees.
- The Audit Committee at a glance.
- Disclosure and transparency.
- Control Environment component.
- Internal audit dept., risk mgmt., and compliance.
- Case studies: How to prepare CG report, and other periodical reports
This program is a practical workshop using tools and techniques to engage participants to achieve the highest level of education retention while enjoying the learning process.
Target Audience : Management Team , Senior , Junior Staff , Compliance Officers, Internal Auditors
Language : Arabic – English
No. of Attendees : 15-20 Participants
Venue : 4-5 Stars Hotel
Duration : 1Day
- Corporate governance definition and benefits
- The competing goals that corporations may have
- The competing goals that corporations
- BOD composition and its responsibilities
- Board Committees
- The Audit Committee at a glance
- Disclosure and transparency
- Control Environment component
- Internal audit dept., risk mgmt., and compliance
- Case studies: How to prepare CG report, and other periodical reports
All our Trainers are Certified with IFC & World bank to conduct Program
OCGS will provide:
- Printing training materials and other logistics, per each trainee and delivered to the training place.
- Certificate of attendance for each Participant
- Hall in the hotel 4-5 stars with welcome coffee & 2 breakfast and Buffet launch
The Oman center for Governance and Sustainability OCGS introduces this program that aims to examine responsibilities and purposes of the Corporate Secretary position and learn practical solutions to everyday issues facing this position. This program is perfect for anyone who is new to the functions of the Corporate Secretary and for the veteran secretary seeking a brush-up and update.
Who Should Attend?
This program is designed for the existing and potential Corporate Secretaries, CG officers of listed and non-listed companies from public and private sector, state owned enterprises and banks.
- Fundamentals of Corporate Governance.
- Board of Directors & Committees composition.
- Role of the Corporate Secretary on Board & Committees Meetings.
- Role of the Corporate Secretary on General Assembly Annual Meeting. Strategic & Administrative Role of the Corporate Secretary.
- Staffing the Office of the Corporate Secretary.
- Role of the Corporate Secretary in information Flow.
- Current Governance Issues and How to Stay Informed. Case Studies: Meetings MinutesK
Experts on the corporate governance issues will deliver the course in an interactive manner to allow and encourage peer discussions among the participants through real case studies and videos.
Program Duration : 2 Training Days