Excel in board audit committee leadership through this executive masterclass focused on sophisticated oversight governance, strategic risk assurance, and committee effectiveness enhancement that strengthens organizational governance and protects stakeholder interests. Participants will develop advanced understanding of audit committee responsibilities in today's complex regulatory environment, with particular emphasis on emerging risks, digital transformation implications, and stakeholder expectation management. The curriculum emphasizes practical frameworks for evaluating internal and external audit quality, overseeing risk management effectiveness, and ensuring financial reporting integrity while maintaining appropriate committee dynamics and director relationships. Through case studies of governance challenges and interactive role-playing scenarios, attendees will learn to navigate complex oversight situations while building committee credibility and organizational trust. This masterclass prepares audit committee members and chairs to provide strategic assurance that enhances organizational resilience.
Objectives
- Master board audit committee leadership responsibilities including agenda setting, meeting facilitation, and committee effectiveness evaluation
- Develop sophisticated oversight governance frameworks evaluating internal control effectiveness, risk management maturity, and compliance program adequacy
- Implement strategic risk assurance approaches identifying emerging risks, evaluating mitigation strategies, and monitoring risk exposure
- Evaluate internal and external audit quality assessing independence, competence, coverage, and value delivery
- Ensure financial reporting integrity reviewing accounting policies, significant estimates, and disclosure completeness
- Oversee ethical compliance and whistleblower programs ensuring proper investigation and response to misconduct reports
- Build effective committee dynamics fostering constructive debate, independent judgment, and collaborative decision-making
- Develop stakeholder communication strategies conveying committee oversight activities and findings to boards, management, and external stakeholders
Target Audience
- Audit committee chairs and members serving on corporate, public sector, or non-profit boards
- Board chairs and directors with oversight responsibilities for audit and risk management functions
- Corporate secretaries and governance professionals supporting audit committee effectiveness
- Chief audit executives and internal audit directors reporting to audit committees
- External audit partners engaging with audit committees on audit planning and findings
- Regulatory officials overseeing corporate governance and audit committee requirements
- Consultants advising organizations on audit committee effectiveness and governance enhancement
- Academics researching corporate governance and board oversight practices
Methodology
- Committee simulation exercises conducting audit committee meetings with realistic agenda items and decision scenarios
- Case study analyses examining audit committee responses to governance challenges and crises
- Role-playing scenarios practicing difficult conversations with management, auditors, and regulatory officials
- Effectiveness assessment workshops evaluating committee composition, processes, and contribution to organizational governance
- Stakeholder management sessions developing communication approaches for different stakeholder groups
- Regulatory update briefings staying current with evolving audit committee requirements and expectations
- Peer exchange forums sharing experiences and best practices among audit committee professionals
