Finance for Directors is a one-day 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.

 

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.”


COURSE FEE: PhP 13,600.00 Nett


DISCOUNTS


    Participants may qualify for a 5% Early Bird Payment discount


              -    Payment must have reached ICD on or before 16 August


    You qualify for a 5% discount if you are referred by a named ICD member


    Group of 3 or more qualifies for 5% discount if booked and paid together


Time: 9:00 AM - 5:00 PM

Venue: The Peninsula Manila, Makati City


You may deposit your course fee through a Bills Payment Facility to any Unionbank Branch of the Philippines.


Kindly see class sessions below:



FD



3rd Quarter


4th Quarter


Class


 

Thursday, August 30, 2018



Thursday, November 15, 2018


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 – to comply with the Fit and Proper rule of the Department of Finance for Insurance and Public companies issued in April 2015.

OBJECTIVE

 

Upon completion of the program, participant will be able to:


    Appreciate the importance of knowing how to read and analyse financial statements


    Ensure that financial statements accurately reflect the organization’s financial position


    Appreciate the importance of maintaining the accuracy and integrity of an organization’s accounts


    Understand board’s role in financial stewardship & oversight, and internal control


    Appreciate board’s perspective within the accounting function

  • Module 1: FINANCE 101 - AM SESSION
    1. Introduction to Financial Statements for Directors
    2. Understanding Balance Sheet and Profit & Loss Statements
    3. Cashflow Analysis
    4. Financial Projections
  • Module 2: FINANCE AT THE BOARDROOM AFTERNOON SESSION
    1. Board Role in Financial Stewardship & Oversight
    2. Board and Accounting Function Reporting
    3. Case Study – Financial Analysis
    4. Board Role in Internal Control
    5. Corporate Finance