Governance Fundamentals

This activity is presented by the Governance Institute of Australia.

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Good corporate governance is integral to an organisation achieving business and strategic objectives. It promotes clear and transparent reporting lines, effective compliance systems and risk management, stakeholder confidence and is built on an organisational culture of ethics and trust.

The role of the company secretary and governance professional is constantly evolving with changes in the way business is conducted, technology develops, judicial decisions are made, legislation is amended, and society’s expectations grow and change. It is important to keep up to date with these changes and adopt a whole of organisation governance approach to enhance organisational performance and maintain a compliant and sustainable business.

The aim of this course is to explain what governance means and examine how governance frameworks, structures, operations and processes contribute to enhanced organisational performance and the achievement of business and strategic objectives.

Learning Outcomes
Upon satisfactory completion of this activity, you will be able to:

• Understand the overarching concept of governance and how it varies across organisations
• Examine and understand the key principles of governance which include accountability, transparency, independence, participation and predictability; and
• Explore and understand the framework which underpins the governance of organisations including legislation, standards and guidelines.