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Governance, Risk Management, Banking & Financial Knowledge Update

An Interactive 5-Day Training Course

Governance, Risk Management, Banking & Financial Knowledge Update

Master and Update Key Governing Roles to Control your Organization and Achieve Best Financial Outcomes

NASBA
Classroom Schedule
Date Venue Fees
23 - 27 Mar 2026 London $ 5,950
04 - 08 May 2026 Dubai $ 5,950
31 Aug - 04 Sep 2026 Dubai $ 5,950
05 - 09 Oct 2026 London $ 5,950
02 - 06 Nov 2026 Amsterdam $ 5,950
22 - 26 Mar 2027 London $ 5,950

Introduction

This Advanced GLOMACS “Governance, Risk Management, Banking & Financial Knowledge Update” training course aims at improving the adaptation and integration of the fundamental components and tools of Governance: Risk Management, Compliance and Internal Audit Processes. 

This Governance, Risk Management, Banking & Financial Knowledge Update training course will also update your skills and awareness of the various banking products & techniques and financial instruments & practices that serve and support the governance process within the organization.

Objectives

Upon the completion of this advanced Governance, Risk Management, Banking & Financial Knowledge Update training course, participants will gain:

  • Improve alignment to mission, vision and values of the organization
  • Evolve performance and accountability
  • Increase decision-making agility
  • Advance accountability for key objectives, risks, and performance
  • Enhance convergence of  Governance components
  • Reduce the financial risk while achieve your organization’s goals
  • Understand fundamental concepts of Governance & Fiscal Sustainability

Training Methodology

A variety of seminar tools to reach the participants will be applied in a diverse manner. This GLOMACS Governance, Risk Management, Banking & Financial Knowledge Update. Training course will combine “hearing” and “seeing and writing”. A number of methods will include brainstorming, exercises, group discussion and sharing experiences.

Organisational Impact

  • Key Principles of Good Governance in the Public Sector
  • Governance Benefits & Barriers
  • The Risk, Compliance & Internal Audit Triangle
  • Internal Audit New Approach: Risk-based Audit
  • Compliance New Approach: Risk-based Compliance
  • Risk Management Taxonomies
  • Strategies to Institutionalize the Regulation, Monitoring, and Enforcement of Government Projects and Programs
  • Strategies to Reduce Systemic Corrupt Practices in Government Operations
  • Fiscal Management Accountability: Revenue Forecasting and Expense Budgeting
  • Banking Activities Related to Managing Their Business
  • Cash Flow Analysis, Liquidity and Working Capital Management
  • Financial Analysis and Ratio Analysis

Personal Impact

Upon the completion of this advanced GLOMACS training course, participants will gain:

  • Improved alignment to mission, vision and values of the organization
  • Improved performance and accountability
  • Increased decision-making agility
  • Increased accountability for key objectives, risks, and performance measurement
  • Enhanced convergence of CG components
  • Improved confidence in managerial competences

Who should Attend?

This Governance, Risk Management, Banking & Financial Knowledge Update training course is suitable to a wide range of professionals working on Governmental Organizations and Public Sector Entities which are planning to apply proper governance within their culture and operations.

This Governance, Risk Management, Banking & Financial Knowledge Update training course is suitable to a wide range of professionals but will greatly benefit:

  • Senior and middle level management of the Governmental Organizations and Public Sector entities
  • Executive management and directors
  • Responsible directors working at finance, internal audit, risk management
  • Managers of compliance and internal control departments
Course Outline
Day 1

Governance, What is it about? Key Principles of Good Governance in the Public Sector

  • The Definition, Goals, Basics and Principles of  Governance
  • The Added Value of  Governance
  • Building Governance Framework
  • Key Principles of Good Governance in the Public Sector
  • Key Requirements to Achieving Good Governance in the Public Sector
  • External & Internal Parties Involved in Governance Process
  • Governance Committees - Audit Committee The Most Important One
  • Benefits of Integrating Governance Activities
  • Effective Executive Management & Board Members
  • Barriers / Obstacles That Prevent Full Implementation of Governance
  • OECD Principles of Governance
Day 2

The Risk, Compliance & Internal Audit Triangle

  • The Fundamental Differences and Importance of Its Convergence
  • Overlapping: Healthy or Wasteful?
  • Cooperation Among These Functions
  • New Trend in Audit: Risk-based Internal Audit
  • How and Why Audit Units move into Risk-based Audit Programs
  • Auditing the Control Environment
  • Risk-based Compliance: Definition, Responsibilities and Goals
  • Anti-Money Laundering
Day 3

Banking System - Benefits of Dealing with Banks

  • Commercial Banks vs. Investment Banks
  • Different Bank Accounts - Savings, Time Deposit, Current A/C’s
  • Lending Types: Overdraft vs. Term Loan and Lending Collaterals
  • Letter of Credit and Letter of Guarantee
  • Terminology & Concepts
Day 4

Interpretation of Financial Statements - Financial Structure & Financial Analysis

  • Why do we have Financial Statements?
  • Purpose & Objectives of Auditing Financial Statements
  • Financial Position Components: Assets & Liabilities
  • Understanding The Characteristics of The Financial Statements
  • Healthy / Unhealthy Financial Structure
  • Profitability, Liquidity, Leverage, Activity & Debt Ratios
  • Gap Analysis & Mismatch Problem
  • Cash Flow Analysis
Day 5

Risk Management Taxonomies

  • Risk Management Framework
  • Risk Management Triangle
  • Credit Risk, Operational Risk, Market Risk
  • Risk Control Self-Assessment (RCSA) and Heat Map
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

This training course is also a part of the 10-Day Titles
Options & Brochure
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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