Course Title: Understanding Internal Controls, Risk and Corporate Management, Legal and Regulatory Environment in Kenyan SACCOs

Duration: 1 Day (Full-Time)

Target Group: SACCO CEOs, board members, internal auditors, compliance officers, managers, and supervisory committee members.

1. Executive Summary

This intensive training equips SACCO leaders and professionals with the knowledge and practical skills to strengthen internal control systems, manage risks effectively, and ensure compliance within the legal and regulatory framework governing SACCOs in Kenya. The program promotes sound governance, ethical practices, and sustainable growth through effective corporate management structures.

2. Course Objectives

By the end of this course, participants will be able to:

1. Understand the framework and components of internal control systems in SACCOs.
2. Identify, assess, and manage operational and financial risks effectively.
3. Appreciate the importance of corporate governance in SACCO management.
4. Interpret and apply relevant legal and regulatory requirements under SASRA and the SACCO Societies Act.
5. Strengthen compliance, accountability, and integrity in SACCO operations.

3. Expected Learning Outcomes

Participants will be able to:

1. Design and implement internal control systems tailored for SACCO operations.
2. Develop comprehensive risk management frameworks.
3. Ensure SACCO operations comply with statutory and regulatory obligations.
4. Enhance corporate governance and ethical leadership in SACCOs.
5. Promote transparency, accountability, and member confidence.