Corporate Governance: Principles and Practice,Inc. Financial Risk Management(Diploma Postgraduate)

Course Contents, Concepts and Issues

Functions of Management: An Introduction

· Profiling Managers at different organisational levels

· Planning

· The Planning Hierarchy

· Difference Between Strategic, Tactical and Operational Plans

· Standing Plan

· Organising

· Organisational Structure and Design

· Effective organising

· Division of Work

· Departmentalising

· Establishing Vertical and horizontal relationships and formal communication channels

· Establishing the mechanism whereby the organisational activities can be co-ordinated

· Desirable level of specialisation

· Level of worker autonomy and managerial control.

· Levels of Managerial Control & Worker Autonomy

· Span Of Management/Control or Span of Management

· Degree of decision-making and operational centralisation or decentralisation

· Tall or Flat Structure

· Directing/Leading

· Co-ordinating

· Mutual adjustment - with informal communication

· Direct supervision

· Standardisation of work Process

· Standardisation of input - skills, knowledge and attitudes

· Standardisation of output

· Controlling

· The Management Of Quality.

Key Principles of Corporate Governance

· Defining corporate governance

· Exploring corporate governance and the relationships between internal and external

· stakeholders

· The organisation’s responsibility and accountability to its shareholders

· The organisation’s accountability to its Board of Directors

· Making ‘sense’ of the ‘internal-external-stakeholder-spectrum’

· The difference between ordinary and preference shareholders

· Distinguishing between winding up or insolvency, Bankruptcy, Receivership, and

· Administration

· Assessing the implications of the ‘Receivership’ of a company for its statutory, primary and

· secondary creditors

· Rules for distributing the proceeds of a company’s assets in ‘Receivership’

· Rights and equitable treatment of shareholders: Interests of other stakeholders

· Recognising the organisation’s legal obligations to all legitimate stakeholders.

· Role and responsibilities of the board

· Integrity and ethical behaviour: Disclosure and transparency:

The Business Plan: A Guide to Entrepreneurs and Investors

· The Business Plan: A Guide To Entrepreneurs and Investors

· The Business Plan as A Guide to the Entrepreneur

· Using the Business Plan to Attract Investors and ‘Fund Holders’

· What Should Be Included in the Business Plan

· Tweaking The Business Plan Without Losing the ‘Focus’

· Establishing Contingency: The Most Unlikely Scenario

Internal and External Organisational Analysis

· Organisation: A Definition

· Organisational typologies

· Social Organisations

· Business and Non-business organisations: A Distinction

· Organisational Objectives

· Social Objectives

· Business Objectives

· The objective hierarchy

· Tasks

· Division Of Work/Labour

· Delegation

· Responsibility

· Accountability

· Internal Organisational Accountability

· External Organisational Accountability

· Accountability to owners/sponsors

· Accountability to clients/users/customers

· Accountability to Creditors

· Accountability to Sector or Industry

· Accountability to the State

· Authority

· The first facet of authority relates

· The second facet of authority relates

· Traditional authority

· Legitimate authority

· Professional authority

· Power

· Organisational power sources

· Organisational Power centres

Company Formation and Legal Status: Important Corporate Issues

· Company Formation and Legal Status: Important Corporate Issues

· Company legal status categorisation

· Factors associated with a choice of legal status of a company

· Issues in favour of and mitigating against particular legal status

· Legal requirement for company formation

· Company legal status and reporting requirement

· Company legal status and accounting requirement

· Company legal status and accounting reporting

· International trade and legal requirement

· Import and Export VS National, Regional and International Embargo

Risk Management and Corporate Governance: An Introduction

· Risk: A Working Hypothesis

· Defining Risk – Generally

· Financial Risk: A Plausible Definition

· Financial Risk in an Organisational Setting

· Financial Risk and ‘Market Dynamics’

· Liquidity Risk

· Operating Risk

· Fraud Risk

· Settlement Risk

· Corporate Strategy and Risk Management

· The Currency Derivatives Market

· Financial Risk and Unpredictability: Uncontrollable Environmental Issues

· Asset Behaviour and Pricing Implications

· Credit and Counterparty Risk

· The Legal and Political Risk Environments

· Risk as an Economic Factor

· Technological Risk Factor

· Risk associated with Socio-Cultural Change

· Financial Risk Settings: A Meta-Analytical Exploration

· Risk in Financial Institutions

· Banking Risk

· Risk and the Currency Market

· Risk and the Equity Market

· Futures Market Risk

· Financial Exposure As Risk: An Introduction

· Economic Exposure

· Transaction Exposure

· Translation Exposure

· Calculating Risk in Financial Exposure