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Upcoming Activities

Supervisory Committee Training and Mentorship (SCOTAM) Program
From Tuesday 25 February 2020 -  08:00am
To Thursday 27 February 2020 - 05:00pm
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Program description

Recent events in the SACCO movement and financial services sector have brought the subject of risk into higher profile. Evaluating the range of available risk management techniques and choosing the most appropriate response in each case is an increasingly significant element of managerial responsibility in our business environment. We cannot eliminate risk entirely, but our challenge is to identify the right risk to take and to minimize its potential negative impact. Dealing with risk produces benefits for all stakeholders.

The Supervisory Committee is the cooperative centrepiece for dealing with risk in the SACCOs. The main function of the supervisory committee is to oversee the performance of the board, and to carry out regular checks and examinations designed to determine that accounting records and reports are prepared promptly and accurately; internal controls are effectively maintained and adequately protect the SACCO, its members, its management and its employees and the policies and plans of the SACCO are properly implemented.

Effectiveness of any SUPCO depends on their knowledge and skills to appraise policies, provide safeguards against error, carelessness and fraud; provide clinical support as part and partial of the SACCO governance team, and thus assists Board and management in carrying out the purposes of the organisation (maximising member value).

This course is structured around the principles and processes involved in SACCO supervision. It will help learners to investigate the existing and emerging risks, how to measure and mitigate them

This course contains:

  • How SUPCOs support the strategic, business and operational strategies of the SACCOs
  • How to identify, analyze, evaluate, treat, monitor and control risks in SACCOs
  • Effective risk management procedures for SACCOs
  • An overview of the tools and techniques used in SACCO supervision
  • Overview of industrial sound practices, processes, guidelines and standards in SACCO internal auditing
  • Structured reasoning and critical thinking to address       problems in SACCO supervision
  • Certificate of Competence as SACCO Supervisor

Training Methodology

This course utilizes a range of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes group discussions, facilitated case studies, presentations and team-based exercises. Each session allows you to develop your skills and apply them to your SACCO to analyze the effectiveness of your current approach and your plans for its further development.

Who Should Attend?

All SUPCO members and SACCO Internal Auditors

Costs

Full committee (3 participants):    - 1,200,000 Ugx

Individual participants                   - 450,000 Ugx

(Includes accommodation, meals and training materials)

TRAINING OUTLINE

DAY 1

Cooperative Governance and the role of SUPCO members

  • Principles and practices of Governance
  • Cooperative principles, values and organisational culture
  • Systems and process of strategic SACCO Governance
  • Functions of Board, Management, AGM and regulators and how they relate with SUPCO

DAY 2

Understanding Risk Management – Context and Application

  • Strategy – the foundation of the SACCO business supervisory work
  • The principal drivers of risk in Financial Institutions
  • The most significant categories of risk in SACCOs
  • Risk intelligence
  • The concept of the risk management cycle and how this works
  • Case study or case example for group work/discussion

DAY 3

Day today Tools, methods and approaches for Supervisory committees

  • Industrial sound practices, processes, guidelines and standards in risk assessment
  • Overview of the main tools and techniques in conducting supervisory work of SACCOs
  • Designing/developing a risk management process for your own organisation
  • Case study or case example for group work/discussion

To confrim attendance, Please REPLY HERE!

Location UCSCU SACCO Academy
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