King V Governance Compliance and Assurance Workshop

The programme

Programme overview

Corporate governance, compliance, and assurance concepts are making headlines with increasing frequency. The legislative and regulatory landscape is constantly changing, resulting in greater emphasis and focus on the accountability and responsibility of management. This King V Governance, Compliance, and Assurance Workshop provides an overview and practical analysis of the King V Code on Corporate Governance for South Africa — the code that officially supersedes King IV in its entirety for financial years beginning on or after 1 January 2026.

This King V Governance, Compliance, and Assurance Workshop covers what has genuinely changed: King V’s deconstructed four-document format, the consolidation of 17 principles into 13, the new mandatory Disclosure Framework, the shift to outcomes-based governance evaluation, new committee independence requirements, and entirely new territory King IV never addressed — AI and automated decision-making governance, systems-value sustainability thinking, and remuneration malus and clawback standards. You’ll leave with a practical transition and assurance plan for moving your organisation’s governance practice from King IV to King V.

Who should attend

Who is this programme for?

This King V Governance, Compliance, and Assurance Workshop is designed for:

• Governance, Risk, and Compliance Professionals
• Board Members, Company Secretaries, and Governance Officers
• Internal Auditors and Assurance Professionals
• Senior Managers and Executives Responsible for Governance Implementation
• Anyone Transitioning Their Organisation’s Governance Practice from King IV to King V

Learning outcomes

What you will learn

This King V Governance, Compliance, and Assurance Workshop equips you to understand, apply, and lead your organisation’s transition to King V governance, compliance, and assurance practice.

By the end of this workshop, you’ll be able to:

• Understand the structural, principle-level, and philosophical changes between King IV and King V
• Apply the King V Code’s 13 consolidated principles to organisational governance practice
• Apply the new, mandatory King V Disclosure Framework to organisational reporting
• Evaluate governance performance using King V’s four core outcomes, not just adopted practices
• Structure Risk and Social & Ethics Committees to meet King V’s new independence requirements
• Apply King V’s governance expectations for AI and automated decision-making
• Apply King V’s sustainability and systems-value concepts to organisational strategy
• Build a practical King V transition and assurance plan for their own organisation
• Current to King V, Not King IV: Learn the code that’s actually in effect for financial years from 1 January 2026 onward, not the standard it replaced.
• A Practical Transition Plan, Not Just Theory: Understand exactly what your organisation needs to change moving from King IV to King V practice.
• Ahead of the Compliance Curve: Understand the new mandatory Disclosure Framework and committee independence requirements before they catch your organisation off guard.
• Covers What’s Genuinely New: AI governance, systems-value sustainability, and remuneration malus and clawback — areas King IV never addressed.
• Assurance-Ready: Build the practical assurance and compliance skills to support your organisation’s King V reporting with confidence.

Explore the programme

Detailed programme outline

DAY 1 — Foundations of King V Governance

Session 1: From King IV to King V — What’s Changed and Why It Matters

• King V’s deconstructed format: Foundational Concepts, the Code, the Glossary, and the Disclosure Framework, as distinct standalone documents
• Consolidation of 17 King IV principles into 13 King V principles, and what was merged or removed
• The removal of King IV’s institutional-investor-specific Principle 17, and the shift to applying King V alongside CRISA
• Why King V refines rather than overhauls King IV, and what that means for organisations already applying King IV

Practical Exercise: Map your organisation’s current King IV practices against the new King V principle structure.

Session 2: King V Principles and the Four Governance Outcomes

• The 13 consolidated King V principles and how recommended practices are now organised around governance function
• King V’s shift to an outcomes-based model: ethical leadership, sustained performance and value creation, effective compliance and sound internal control, and organisational legitimacy
• Why boards must now evidence impact, not merely intent
• Applying the four governance functions: steering and setting direction, policy and planning, oversight and monitoring, and accountability

Practical Exercise: Assess a sample governance practice against King V’s four core outcomes.

DAY 2 — Applying King V in Practice

Session 3: The Mandatory King V Disclosure Framework

• How King V’s disclosure regime departs from King IV’s more flexible “apply and explain” approach
• Applying the standardised King V Disclosure Framework to organisational reporting
• Common disclosure gaps that arise when transitioning from King IV to King V
• Building disclosure practice that is defensible under audit and regulatory scrutiny

Practical Exercise: Draft a King V-aligned disclosure statement for a sample governance practice.

Session 4: Risk, Compliance, and Committee Governance Under King V

• Applying risk oversight and compliance principles within the King V framework
• King V’s new committee composition requirement: Risk and Social & Ethics Committees must have a majority of nonexecutive members, including at least one independent member
• Structuring committee composition and terms of reference to meet this requirement
• Assurance considerations for internal audit under King V

Practical Exercise: Review a sample committee composition against King V’s new independence requirement and recommend changes.

DAY 3 — Emerging Governance Frontiers and Your Transition Plan

Session 5: Technology, AI Governance, and Sustainability Under King V

• King V’s governance expectations for AI and automated decision-making, including accountability and human oversight
• The concept of “systems value” in sustainability: recognising organisational interests as integral to, not merely overlapping with, broader socio-ecological systems
• Remuneration malus and clawback fairness standards under King V
• Governance considerations for mergers, acquisitions, and group structures under King V

Practical Exercise: Identify how your organisation’s technology and sustainability governance would need to adapt under King V.

Session 6: Close-Out — Structured Gap Analysis and Your King V Implementation Plan

• Facilitated group workshop: conducting a structured gap analysis between current King IV-era practice and King V requirements
• Sequencing a realistic King V transition for your organisation
• Building a formal implementation plan, including roles, responsibilities, and timelines
• Building assurance processes that support ongoing King V compliance
• Peer consultation on overcoming resistance and securing organisational buy-in

Practical Exercise: Complete a structured gap analysis for your organisation and build a formal King V implementation plan with assigned roles, responsibilities, and timelines.

Learning approach

How you will learn

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.– Course Material: Access well-crafted supporting resources.– Group Work: Collaborate on discussions and case studies for practical insights.– Workshops & Role-Play: Participate in immersive, scenario-based activities.– Practical Application: Focus on applying theoretical knowledge in real situations.– Post-Training Support: Receive extensive support after training for skill implementation.

Discuss your requirements

Dates, duration & arrangements

Contact Ratomac to confirm dates, duration, delivery format, entry requirements and any applicable assessment or certification before booking.