
Over the years, the roles and responsibilities of boards of directors — specifically, of the board’s audit committee, — have become increasingly demanding and scrutinized. While today’s audit committee must encompass a level of financial literacy, independence, and knowledge about risk management and internal control; individual audit committee members must be deeply committed, highly experienced, and fully qualified in order to effectively carry out their varied responsibilities.
As an audit committee member, your judgment is critical to management and the stakeholders/shareholders who depend on you to execute your governance responsibilities.
The Board Audit and Risk Management simulation is a condensed practical program to equip the audit committees to provide effective oversight and success of organisation
What you'll learn
- To experience real dynamics of the board audit committee
- To understand a systemic nature of boards and board-shareholders and boards stakeholders' relationships
- To learn to collaborate with people with different backgrounds and agendas for effective oversight
- To practice roles of effective board audit committees: expert, strategist, team player, mentor, owner, facilitator
- To enhance the personal motivation and skill required to become an effective board audit committee member