Governance in the Public Sector Package

Overview:

Are you a board member or in a leadership position at a corporation? 
 
Are you interested in:

• Enhancing your contribution to your organization as a leader?
• Learning more about governance and governance best practices?
• Using key performance indicators and internal control strategies to improve your organization’s performance?  
   

If you answered yes to any of the questions above, this package of 3 courses is for you. Here is what you can learn from each of the courses in this package: 
 
Improving Governance in the Public Sector: 
Explore the evolution of governance specifically in the public sector, given the unique challenges that it faces. Learn governance principles and best practices at the board, management, and staff/operational levels.  
 
Using Key Performance Indicators in the Public Sector: 
This course provides a step-by-step approach to using KPIs to improve your bottom line. Learn the process of implementing KPIs, including the challenges that may arise along the way. 
 
Introduction to Internal Control: 
Learn why robust internal control systems are essential for any organization. Gain practical guidance on how to evaluate and improve internal control systems in your organization. Cover fraud prevention, including internal control red flags and warning signs, fraud themes, and the findings of the Association of Certified Fraud Examiners Report to the Nations.  

Course Content:

You will gain knowledge about the following topics: 
 
Improving Governance in the Public Sector (2 Hours)

• Definition and components of governance
• Differences between public and corporate sector governance
• 8 public sector dilemmas
• Evolution, global trends, and public sector governance principles
• Public sector governance case studies
• Governance as a Leadership model
• Governance best practices at the board, management, and staff/operational level 
   

Using KPIs in the Public Sector (2 Hours)

• Definition, guiding principles, and benefits of KPIs
• Challenges in the public sector
• Characteristics of KPIs used in the public sector
• Types of KPIs
• Triggers for KPI analysis
• Case study of KPI analysis in the public sector 
   

Introduction to Internal Control (1 Hour)

• Canadian auditing standards and audit assertions
• SOX and Canadian SEC requirements
• Findings of Public Companies Audit Oversight Board
• Canadian Practice Inspection Findings 

Learning Objectives:

Upon completing all of these courses, you should be able to: 

• Define governance and its components
• Explain why good governance is critical for the success of every organization
• Describe the differences between the corporate and public sectors and how this impacts governance and KPI initiatives
• Identify the unique challenges faced by the public sector
• Describe the evolution and trends of public sector governance
• Identify success factors of good governance using case studies
• Identify governance best practices at the board, management, and staff/operational levels
• Define KPIs and explain their benefits
• Identify and describe types of KPIs, including high and low level, and financial and non-financial KPIs
• Explain who takes responsibility for KPIs, and the reasons that a KPI analysis can be triggered
• Summarize the step-by-step process of a KPI analysis and implementation
• Apply the KPI process to a real-life public-sector case study
• Describe what can happen in the absence of internal controls
• Identify warning signs for potential fraud related to specific business activities, including employee behaviour and lifestyle, management attitude, payroll, and more
• Examine why people commit fraud and key principles to detect and mitigate risk
• Identify components of Canadian auditing standards and assertions and internal control evaluations  

Who Will Benefit: 

This course package is designed for CPAs and others who are in leadership roles and those aspiring to be who are looking for practical guidance, tools, and resources to enhance their contribution to their organization by improving governance, the bottom line, and internal controls. 

Testimonials: