Legal and Policy Framework Course
Introduction
All corporate governance practitioners need to understand the governance framework and have a basic understanding of the legal system. Although corporate governance has a broad meaning that covers various disciplines, including management, finance, accounting and law, the focus of corporate governance tends to be firstly on minimum compliance obligations and secondly on the structures, policies and procedures that go above and beyond the legal standard and instil a culture of compliance and good governance. The core principles of corporate governance are founded in common law and statutory obligations that are owed by corporate entities or their senior officers and directors.
The aim of this course is to outline the various definitions and legal frameworks that underpin corporate governance and provide an understanding of the key principles and statutory requirements associated with being a director or officer of an organization.
Duration
5 Days
Target audience
This course is ideal for assistants to the company secretary, board secretary and other governance para-professionals who are keen to increase their understanding of the legal framework and good governance.
Course Objectives
At the end of this IRES training course, you will learn how to:
- Recognize that good corporate governance practice goes beyond the minimum compliance obligations and involves embedding an organizational governance culture
- Provide an overview of the Australian corporate governance framework and the different types of corporate structures
- Examine the various sources of Australian law and governance-related areas of law
- Outline the fundamental governance duties of directors and officers
- Recognize the importance of due diligence and compliance programs in managing governance obligations
Course Outline
Module 1
Introduction
- What is the background to this course?
- What is the aim of this course
- Legal framework of the corporate legislation
- Why is the legal framework of corporate legislation relevant to
Corporate Governance?
- Background to the legal framework
- Structure of the corporate legislation
- Corporations Act bodies
- What is corporate governance?
Module 2
What is corporate governance?
- Definitions of corporate governance
Governance law
- Areas of governance-related law
- Civil and criminal classification
- Legal actions and processes
- Additional legal/regulatory requirements
Module 3
Duties of directors and officers
- Who are corporate officers?
- How does the law define an officer?
- Who are senior managers?
- The company secretary
- Who are the directors?
- Fundamental duties of officers
Managing governance obligations
- Due diligence
- Compliance programs
Module 4
Examples of good and bad governance
Module 5
Role of the company secretary in the modern corporation
- Investor relations
- Insurance and superannuation
- Employment
- Intellectual property
- Personal property securities reform
- Environmental issues
- Competition and consumer legislations
Enroll for this Course
We are proud to offer this course in a variety of training formats to suit your needs.
Benefits of Taking a Course at IRES
LEARN
Our courses are carefully curated to keep you abreast of latest industry trends, technological advancements, and best practices. We employ a variety of teaching methodologies, including hands-on workshops, case studies, and interactive sessions, all aimed at fostering an engaging and effective learning environment. Our expert instructors bring a wealth of knowledge and real-world experience, providing our clients with insights that can be immediately applied in their professional lives.
NETWORK
Our courses serve as a vibrant platform for professionals to connect and engage with a diverse community of peers, industry leaders, and experts. By participating in our programs, you gain access to an invaluable network that spans across various sectors and geographical boundaries. This networking aspect is not just about forming professional relationships; it's about creating a supportive ecosystem where ideas, opportunities, and collaborations can flourish.
GROW
Our courses are designed to challenge and inspire professionals to step out of their comfort zones and explore new horizons. Through a combination of theoretical knowledge and practical application, our programs help professionals refine their existing skills and acquire new ones, making them more versatile and competitive.