Educational Resources for All
1. Discuss the importance of management in an organization. 2. Explain the universality of the management concept. 3. Critically discuss the major elements of management roles propounded by Henry A. Mintzberg. 4. Distinguish between efficiency and effectiveness. 5. Effective managers Read more
The Institute in the year 2010 inaugurated an Award for excellence in governance titled the “ICPSK Champions of Governance (COG) Award” to be given to those Organizations and individuals that exhibit the highest standards of practice of good governance in Read more
Meaning of Subsequent Event Subsequent events are “those events, favorable and unfavorable, that occur between the reporting year date and the date when the Governance Audit reports are authorized for issue.” General Guidelines on Subsequent Event a) Subsequent events provide Read more
Governance Audit Evidence is all the information used by the Governance Auditor in arriving at the conclusions on which the Governance Audit opinion is based. General Guidelines on Governance Audit Evidence a) The Governance Audit will be based on the Read more
Documentation of the work done, processes and procedures used is a central part of Governance Auditing as it provides documentary evidence for traceability of the work done, for future reference and records. Governance Audit documents comprise of Governance Audit files Read more
Governance Audit is broad based, traversing the structural and functional areas of the Organization under consideration and varying from organization to organization. Governance Audit examines the existence and effectiveness of governance instruments, policies, structures, systems and practices in an organization Read more
Governance Auditor The Governance Auditor shall be responsible for: (a) Overall quality of each Governance Audit assignment. (b) Direction, supervision and performance of the Governance Audit assignment. (c) Compliance with professional standards, legal and regulatory requirements. (d) Adopting an approach Read more
To sustain a healthy growing and all-inclusive economy, adopting effective corporate governance management and control tools like Governance Audit is imperative. Governance is beyond compliance with laws and regulations. It is about ensuring that the organization is managed in the Read more