Wits Plus offers the collegiate program in convenient short courses
He King IV™ Report promotes good corporate governance in South Africa, as does the law, and it can certainly be said that good governance and the law go hand in hand. The responsibilities of directors are emphasized at King IV™ and an environment of effective and ethical leadership is promoted. The principles associated with ethical leadership include integrity; competence; responsibility; responsibility; fairness and transparency.
What is corporate governance?
Corporate Governance is the structure of rules, relationships, systems, and processes through which authority in corporations is exercised and controlled. It encompasses the mechanisms by which companies and those who control them are held accountable. Corporate Governance influences how company objectives are defined and achieved, how risk is monitored and assessed, and how performance is optimized.
The King IV™ report contains recommended principles and best practices to ensure that an organization exists and operates as a good corporate citizen. Company law requires an organization’s board of directors to act in the best interest of the organization at all times, and requires all directors to act with the necessary skill, care and diligence.
What is the role of the professional in governance?
Professionals charged with ensuring good governance practices within an organization play an important role in applying and promoting high standards of ethical behavior, integrity, and compliance. In particular, governance professionals have a significant impact on the level and quality of corporate governance and the governance culture of the organization and often play a critical role in helping the board achieve the company’s vision and strategy. the entity. The activities of government professionals encompass legal and regulatory duties and obligations, as well as additional responsibilities assigned by the employer. These professionals perform their management functions at the executive level and are the primary source of governance advice to their board. They are senior professionals trained in law, finance, governance, risk and strategy.
Are you an aspiring corporate governance professional?
The professional may have different titles, depending on the organization’s requirements. He may be called a company secretary, risk manager, compliance officer, legal advisor, financial manager, or government advisor. The Chartered Governance Institute in South Africa (CGISA) caters for all types of governance practitioners, with a choice of two chartered routes, namely:
Collegiate secretary – for company secretaries
Chartered Governance Professional: for other governance professionals
Both authoritative designations allow professionals to serve as governance professionals within an organization, regardless of their specific title. An “authorized” designation is used to indicate professional competence and is given to individuals who are skilled or qualified in a particular field of work.
Where can I study corporate governance?
He Chartered Governance Institute in South Africa offers an international qualification in corporate governance recognized in more than 80 countries. wit more is one of the accredited providers of skills development offering the program as convenient stand-alone short courses.
This international qualification program for Chartered Secretaries and Chartered Government Professionals aims to respond to the continued growth and diversification of corporate governance. The program addresses the needs of students and employers, while broadening the scope of the certified qualification.
Applications to study corporate governance courses in the second semester are open until June 15, 2023.