Finance for Directors

Participation in this course meets the recommended best practices for continuing directors education prescribed by the Securities and Exchange Commission (SEC).

ICD is a Civil Service Commission (CSC) Accredited Learning and Development Institution.

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 is a two-day online 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

20-21 May 2021 (Thursday - Friday)

08:00 AM to 12:00 NN

REGISTRATION DETAILS

Invest in your professional development.

The platform to be used is Zoom.

Registration
Fee

PHP 9,500.00

inclusive of VAT

DISCOUNT

 

    5% if referred by an ICD Member

DISCOUNTS

 

    ○ 30% discount for FICD
    ○ 20% discount for MICD, GICD
    ○ 10% discount for AICD