Corporate governance has been transformed from simply a routine set of compliance requirements to a strategic business imperative. The integrity, reliability, and transparency of financial reports is a function of corporate governance effectiveness. In the post-Sarbanes-Oxley Act (SOX) of 2002 world, this transformation has assumed new importance. Effective and sound corporate governance measures and practices have become a mandate for both public and private firms regardless of their size, type, or location. No longer is corporate governance just seen as one of many compliance requirements.
Today, good corporate governance measures and procedures are being actively integrated into the corporate culture, business model, and the environment of companies across the country and around the world to ensure accountability and sustainability. Corporate gatekeepers are the focal point of these efforts and the conduits of company information to shareholders, management, customers, suppliers, financiers, government, and the community. The expectation globally is that the information coming from finance portrays an accurate picture of what’s going on “inside” the company.
This course examines the role, responsibility, and accountability of all corporate gatekeepers in promoting effective corporate governance to achieve the organization’s goals. As corporate governance is emerging and advancing, some financial officers may not have a complete understanding of all the corporate governance requirements and how they affect their actions on the job.
Please join Dr. Zabihollah (Zabi) Rezaee, noted teacher, industry consultant, and author, as he offers guidance on understanding the requirements for, and best practices of, good corporate governance.