Abdulmalik A. Aldubayyan LLM, GRCP, GRCA, IPMP, CAMS, IAPM, CME2’s Post

In #corporate_governance, ensuring consistent information and standards is crucial for safe and efficient business operations. A well-established #governance document hierarchy is key to achieving this. It creates a shared understanding of tools used to embed corporate #culture, establish priorities, and control #risk. Each tier of governance documents serves a specific purpose, from #policies to #frameworks, #procedures, and tools. Vertical and horizontal integration between documents is essential for seamless navigation and understanding. By implementing a governance #document_hierarchy, organizations can create a common language for effective corporate governance and enhance their overall operational #efficiency.

📢 Final Call: Mastering Internal Controls Under the UK's New Governance Landscape Time is running out! This is your last chance to secure a spot at the highly anticipated webinar on "Modernising Internal Control Programs for the Future" hosted by MetricStream on June 5th, 2024, at 4 PM BST. If you are unable to attend in person, a recording of the event will be sent to you via email the following day.   Don't miss this exclusive opportunity to gain invaluable insights from our CEO Zeshan Raja, alongside MetricStream's thought leaders, Richard Rivett and Simrin Jhangiani. They'll unpack the key principles, challenges, and best practices surrounding the updated code, topics include:   ✅ The fundamental principles of the UK Corporate Governance Code and its impact on key roles and responsibilities and company transparency    ✅ The role of technology in facilitating compliance with the code(s) including;  ◾ Challenges in internal control management and aligning controls to risks and business objectives utilising technology  ◾ Pre-GRC Implementation best practices to realise the full benefits of the tool  ◾ The need for a top-down and bottom-up approach to an integrated risk and control framework, and key strategies for navigating evolving governance requirements   ◾ Best practices for maintaining the GRC tool across the organisation  ✅ Regulatory measures governing relationships with third-party ICT service providers, including supervision measures    This webinar is a must-attend for professionals seeking to future-proof their organisations in the dynamic governance landscape.   Register now using the link below to reserve your last remaining spot: https://lnkd.in/eiS296Ke   #InternalControls #Compliance #UKGovernance #RiskManagement #Webinar #GRC #Risk #Controls #SOX #ICOFR #ProjectManagement #Consultancy

Did you know that an incredible 71% of companies cannot locate 10% or more of their contracts? 🤯 This staggering figure from The Journal of Contract Management highlights a critical issue in the business world. Misplaced contracts can lead to significant compliance risks, financial losses, and operational inefficiencies. It's a clear indicator that many organizations still struggle with effective contract management practices. In today's fast-paced business environment, ensuring that all contracts are easily accessible and well-managed is essential. Investing in robust contract management systems can help organizations gain better visibility, streamline processes, and mitigate risks. If you are one of these companies, we must talk. Schedule a free consultation call with me today. DM or mail me at: [email protected] #ContractManagement #BusinessEfficiency #Compliance #RiskManagement #DigitalTransformation

Taking Charge: Why Business Owners Must Lead Internal Control Processes Dear Business Owners, In the intricate dance of business management, internal controls play a crucial role. Yet, entrusting this responsibility solely to managers might not suffice. Here's why: Visionary Oversight: As the architect of your business's vision, your understanding of its nuances is unparalleled. Steering the helm of internal controls ensures alignment with your strategic objectives. Cultural Alignment: Internal controls aren't just about compliance; they embody your business's ethos. Your direct involvement fosters a culture of accountability and integrity from the top down. Risk Mitigation: Identifying and mitigating risks demands a comprehensive perspective. Your overarching view enables a holistic approach to risk management, safeguarding your business's interests. Resource Allocation: Efficient resource allocation is pivotal. By spearheading internal controls, you optimize resource utilization, bolstering operational efficiency and profitability. Adaptability & Innovation: In today's dynamic landscape, adaptability is key. Your active involvement ensures that internal controls evolve in tandem with your business, fostering innovation and resilience. Empower your managers, yes, but remember, the ultimate responsibility lies with you. Take the lead in crafting robust internal controls—your business's future depends on it. Let OSDERP help you achieve your internal control drive with our state of the heart ERP System #BusinessLeadership #InternalControls #RiskManagement #Accountability

💡 Last Chance to Register: Mastering Internal Controls Under the UK's New Governance Landscape The countdown is on! This is your final opportunity to secure a spot at the highly anticipated webinar on "Modernising Internal Control Programs for the Future". Hosted by MetricStream on 5th June 2024, at 4PM BST, this webinar will provide invaluable insights from our CEO Zeshan Raja and MetricStream's thought leaders, Richard Rivett and Simrin Jhangiani. Don't miss this exclusive chance to unpack the key principles, challenges, and best practices surrounding the updated code. Gain a competitive edge by learning strategies to align your internal controls with evolving governance requirements and how to get the best out of your GRC implementation projects. Topics include: ✅ The fundamental principles of the UK Corporate Governance Code and its impact on key roles and responsibilities and company transparency    ✅ The role of technology in facilitating compliance with the code(s) including;  ◾ Challenges in internal control management and aligning controls to risks and business objectives utilising technology  ◾ Pre-GRC Implementation best practices to realise the full benefits of the tool  ◾ The need for a top-down and bottom-up approach to an integrated risk and control framework, and key strategies for navigating evolving governance requirements   ◾ Best practices for maintaining the GRC tool across the organisation  ✅ Regulatory measures governing relationships with third-party ICT service providers, including supervision measures Register now using the link below to reserve your spot: https://lnkd.in/eiS296Ke This webinar is a must-attend for professionals seeking to future-proof their organisations and stay ahead of the curve in the dynamic governance landscape. #InternalControls #Compliance #UKGovernance #RiskManagement #Webinar #GRC #Risk #Controls #SOX #ICOFR #ProjectManagement #Consultancy

📢 Reminder: Mastering Internal Controls Under the UK's New Governance Landscape As the date approaches, we want to remind you about the insightful webinar hosted by MetricStream on 10th July 2024, at 4PM BST. This is your chance to gain a comprehensive understanding of the updated UK Corporate Governance Code and its impact on internal controls management. In particular focusing on Controls preparation and getting the best out of your GRC implementation projects. Our CEO, Zeshan Raja alongside MetricStream's thought leaders, Richard Rivett and Simrin Jhangiani, will share invaluable insights and best practices on: ☑ The fundamental principles of the UK Corporate Governance Code and its impact on key roles and responsibilities and company transparency    ☑ The role of technology in facilitating compliance with the code(s) including;  ◾ Challenges in internal control management and aligning controls to risks and business objectives utilising technology  ◾ Pre-GRC Implementation best practices to realise the full benefits of the tool  ◾ The need for a top-down and bottom-up approach to an integrated risk and control framework, and key strategies for navigating evolving governance requirements   ◾ Best practices for maintaining the GRC tool across the organisation  ☑ Regulatory measures governing relationships with third-party ICT service providers, including supervision measures Don't miss this exclusive opportunity to learn from industry experts and equip your organisation with strategies to navigate evolving governance requirements successfully. Reserve your spot now: https://lnkd.in/eiS296Ke We look forward to an engaging discussion on this crucial topic. Save your place today! #InternalControls #Compliance #UKGovernance #RiskManagement #Webinar #GRC #Risk #Controls #SOX #ICOFR #ProjectManagement #Consultancy

How Organizations Achieve Long-Term Success and Sustainability !!!!!!!!!! How Organizations Achieve Long-Term Success and Sustainability The organizations can achieve long-term success and sustainability through effective corporate governance. Key factors include: - Strategic oversight from independent, diverse boards - Clearly defined roles and accountabilities - Effective financial controls and risk management - Proactive compliance programs - Commitment to ethical standards By prioritizing governance, organizations can enhance transparency, ensure accountability, and make decisions aligned with stakeholder interests. Effective governance is a strategic imperative for enduring success.

Turnkey's Internal Controls Maturity Strategy starts with a detailed analysis, providing you with an honest appraisal regarding the effectiveness of your system of internal control.

Shout out: IT Controls ***************************************** Everyone talks about IT General Controls ITGC, IT Application Controls ITAC.... but what are ELCs. These are Entity Level Controls. They are overarching controls that apply to an organization as a whole and often applies to the core stake holders and reach upto employees. This in general includes Policy/Procedures, Rules, Standards, Organization mission and Vision. In simple terms, training manuals, employee handbook are all examples of these. These are to be defined clearly so that your Info-Sec goals are in tandem with the organization mission and vision. ELCs are where the corporate governance starts. COSO Framework/ COSO Cube https://lnkd.in/dPTdv6id - can be cited as one of the best examples as a standard guidance for an ELC. ☝

📢 Final Call: Mastering Internal Controls Under the UK's New Governance Landscape Time is running out! ⏰ This is your last chance to secure a spot at the highly anticipated webinar on "Modernising Internal Control Programs for the Future" hosted by MetricStream on 10th July, at 4 PM BST.   Don't miss this exclusive opportunity to gain invaluable insights from our CEO Zeshan Raja, alongside MetricStream's thought leaders, Richard Rivett and Simrin Jhangiani. They'll unpack the key principles, challenges, and best practices surrounding the updated code, topics include:   ✔ The fundamental principles of the UK Corporate Governance Code and its impact on key roles and responsibilities and company transparency    ✔ The role of technology in facilitating compliance with the code(s) including;  ◾ Challenges in internal control management and aligning controls to risks and business objectives utilising technology  ◾ Pre-GRC Implementation best practices to realise the full benefits of the tool  ◾ The need for a top-down and bottom-up approach to an integrated risk and control framework, and key strategies for navigating evolving governance requirements   ◾ Best practices for maintaining the GRC tool across the organisation  ✔ Regulatory measures governing relationships with third-party ICT service providers, including supervision measures    This webinar is a must-attend for professionals seeking to future-proof their organisations in the dynamic governance landscape. If you are unable to attend in person, a recording of the event will be sent to you via email the following day. 📧   Reserve your spot 👉 https://lnkd.in/eiS296Ke MSDUK London Chamber of Commerce and Industry Omar Ahmed PETER LLOYD   #InternalControls #Compliance #UKGovernance #RiskManagement #Webinar #GRC #Risk #Controls #SOX #ICOFR #ProjectManagement #Consultancy