E2 - Certificate in Board Directorship-Board Finance, Accounting & Corporate Reporting

Overview

This part of "The World of Directorship - Certificate in Board Directorship" explores the financial stewardship and accountability obligations of the board to shareholders and other key stakeholders.

The topics that this module will cover include:

Accounting

• Corporate stewardship
• Accounting and auditing standards, frameworks, policies and principles to include: International Financial Reporting Standards and Integrated reporting
• The board's key accounting information needs to include key financial performance metrics and ratios
• Measuring financial health and performance to include: price earnings (P/E) ratios

Finance

• The role of the CFO
• Sources of finance and capital gearing/leverage
• Capital decision making to include the weighted average cost of capital
• Capital gearing/leverage
• Dividend policy
• Valuation of an organisation
• Effective shareholder communications and investor relations
• The consequences of inadequate financial information
• Financial oversight and financial crisis indicators

Control Environment

• Board responsibilities and the control environment
• Internal controls
• The role of the internal audit
• The role of the audit committee
• The role of the external auditor
• Whistle blowing procedures

Corporate Reporting

• The regulator's role in enforcing reporting obligations and the forms of enforcement of reporting obligations

Workshop Details:

Date: 09-10 October 2024

Time:

• 08:30am - 05:30 pm (KSA Time)
• 09:30am-06:30 pm (UAE Time)

Format: Classroom Workshop, Riyadh , KSA

Who should attend?

This workshop is designed to meet the development needs of existing, new and aspiring members of Boards of Directors and Board Committees, as well as the needs of advisors and senior executives who report to the board or board committees .

Participants are required to currently hold or recently (within the preceding 3 years) have held either a director seat or a senior management position within an organization; and have basic English literacy.

Workshop fees

Price per person for two day workshop:

• Non-Member USD 4,520
• Associate USD 4,300
• Member USD 3,990
• Fellow USD 3,470

Rates above are exclusive of VAT and any WHT and effective as at 7 December 2023; the fees include the cost of first refresher course and examination

Special rates are available for companies wishing to purchase multiple seats - please ask us for more information.

The Workshop of Directorship

This workshop is one of 4 modules which together form "The World of Directorship

Certificate in Board Directorship". This programme encompasses the core knowledge and awareness that is necessary to function effectively as a director and covers:

• An in-depth view of the role, responsibilities and legal duties of an effective director;
• An understanding of the characteristics of an effective board and board roles;
• The issues and processes associated with formulating strategic and business plans and achieving strategic leadership. Sound knowledge of accounting, financial and risk terms and concepts; and
• An in-depth perspective of the accounting, finance, control and corporate reporting functions.