Introduction To Corporate Governance And Risk Management For State & Public Sector Bodies

Course details

The words “Corporate Governance” have become very commonplace in the public sector. They refer to how organisations are managed and governed. In particular there is a Department of Finance Code of Practice for the Governance of State Bodies which has a major influence on the governance of the state agencies. Also the Code and the “Mullarkey Report” (Report of the Working Group on the Accountability of Secretaries General and Accounting Officers) have governance implications for government departments. Following on from governance codes, there has been an increased interest in risk management and internal controls as a critical element of good governance arrangements in public service organisations.

Introduction to Corporate Governance and Risk Management for State and Public Sector Bodies is a one-day course designed as an introduction to corporate governance for public servants who are unfamiliar with the area. It takes the Code of Practice for the Governance of State Bodies as the starting point to consider what is meant by corporate governance and its implication for state agencies. It then moves on to look at risk management and internal controls and course participants will prepare a risk register for their own area of responsibility.

Outcomes

At the end of the course, participants should have: A broad understanding of corporate governance

• An appreciation of the requirements of the Department of Finance Code of Practice for the Governance of State Bodies and the “Mullarkey Report”
• An understanding of the process of risk management and it’s implications for public sector organisations
• A practical knowledge of how to prepare a Risk Register

Topics

Corporate Governance

The implications of the following governance codes for public sector organisations:

• Department of Finance Code of Practice for the Governance of State Bodies
• “Mullarkey Report”

Risk Management and Control Environment

• Role of Risk Management in Modern Organisations
• Risk Management Process
• Internal Controls