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Finance for Directors
Participation in this course meets the recommended best practices for continuing directors education prescribed by the Securities and Exchange Commission (SEC).
Financial competence is vital to corporate success. As such, Philippine regulatory agencies (SEC, BSP, PSE, and DOF) have all required financial literacy for board directors of publicly-listed companies and financial institutions.
The Department of Finance in DOF 054-2015 states “Directors must be fit and proper for the position of a director of the covered entity, taking into account the following factors: integrity/probity, competence, relevant education/training (e.g. financial literacy), physical and mental fitness, diligence and knowledge/experience.”
ICD’s Finance for Directors course of Finance and Accounting basics which provides directors and senior executives the ability to quickly interpret and assess a company’s financial condition – a skill that helps drive board decisions.
WHO SHOULD ATTEND
Directors, senior executives, and managers from private, public, and not-for-profit organizations who want to gain basic working knowledge on finance – in compliance with the Fit and Proper rule of the Department of Finance for Insurance and Public companies issued in April 2015.
OBJECTIVES
Upon completion of the program, participants will be able to:
Appreciate the importance of
knowing how to read and analyze financial statements
Appreciate the importance of
maintaining the accuracy and integrity
of an organization’s accounts
Ensure that financial statements accurately reflect the organization’s financial position
Understand the board’s role in financial stewardship, oversight, internal control, and the accounting function
SCHEDULE AND AGENDA
DAY 1
08:00 AM to 12:00 NN Accounting 101
DAY 2
08:00 AM to 12:00 NN Ratio Analysis
REGISTRATION DETAILS
Invest in your professional development.
ONLINE REGISTRATION
PHP 9,500.00
inclusive of VAT
Venue: via Zoom
Discounts applicable (Only 1 discount is applicable per registration)
For Non-Members:
○ 5% if referred by an ICD Member
○ 5% Group Discount with a minimum of 5 participants in the same company
Applicable discounts for ICD Members:
○ 30% discount for FICD
○ 20% discount for MICD, GICD
○ 10% discount for AICD
