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UK Corporate Governance Code changes: Preparing for board declarations
April 29, 2025 @ 11:00 am – 12:00 pm EDT
Description:
In this session, we will delve into the upcoming updates to the UK Corporate Governance Code (CGC), with a particular focus on Provision 29 and the challenges companies face regarding the definition of materiality for non-financial controls. This session will provide practical insights into what organisations are doing to prepare for these requirements as well as ways to enhance your organisation’s risk management framework to help ensure comprehensive compliance and assurance to your board. We will also discuss the importance of having a robust ERM framework and how solutions like AuditBoard can help achieve aligned assurance and effective risk management.
Learning Objectives:
After completing this session, participants will be able to:
- Describe the upcoming requirements for Provision 29 of the UK Corporate Governance Code and the challenges related to materiality and key controls.
- Develop strategies for centralising governance frameworks for risk and controls programmes.
- Enhance the organisation’s risk management and controls framework to provide assurance to the board to be able to sign the declarations.
- Utilise reporting tools to assess and manage non-financial risks, providing a holistic view of the organisation’s risk landscape to the board.
CPE Credit(s): 1
Field of Study: Auditing
Instructional Delivery Method: Group Internet Based
Level: Basic
Prerequisite: None
Advanced Preparation: None
*Click here for more CPE Information.
