What Is the Corporate Governance Orientation Program?


The Corporate Governance Orientation Program is a one-day course covering the basic principles, importance, and benefits of modern corporate governance. It also discusses regulatory updates, best practices, and emerging risks and trends in corporate governance. Duties and responsibilities of the Risk Oversight, Audit and Corporate Governance Committees of the Board are also tackled in this training seminar.


Attendance in this program complies with SEC Memorandum Circular No. 19, series of 2016. It also serves as qualification to apply for ICD Associate Membership.




August 23, 2017

Class I

9:00 AM - 5:00 PM

Venue: Makati


CLICK HERE TO REGISTER



September 5, 2017

Class II

9:00 AM - 5:00 PM

Venue: Makati

Course Fee: Php 13,600.00 inclusive of VAT

Discounts for early bird, group registration, and ICD member referral available.



CLICK HERE TO REGISTER





Who Needs It?

•  Newly-appointed Directors
•  Senior Executives
•  Directors of companies about to be listed
•  Professionals and business persons whom  

    wish  to apply for ICD membership



Introduction to Finance for Directors



Introduction to Finance for Directors is a whole-day course which also compliments ICD’s Professional Directors Program and/or Corporate Governance Orientation Program. This course provides directors particularly new directors and senior executives basic skills to be able to interpret and assess company’s financial condition required to drive board decisions. 


It is a known and proven fact that financial competence is the link to corporate success and thus regulatory bodies (SEC, BSP, PSE, etc.) have all required financial literacy as a must for board directorship positions. 



By the end of the program, the participants are expected to:

Know the responsibilities and roles of a director relating to Financials.
Understand the importance of being able to interpret and read Financial statements
Appreciate the importance of maintaining the accuracy and integrity of your organization’s accounts.
Integrate the appropriate systems of internal controls, systems for financial risk management, operation control and compliance with laws & regulations.

Objectives

At the end of the program, participants are expected to:

  • Understand the basic principles, importance,  and benefits of Corporate   Governance; 
  • Identify the role and key  functions  of directors and the Board;
  • Discuss best practices with the use of the ASEAN  Corporate Governance Scorecard;
  • Understand the duties, responsibilities and best practices of the risk oversight, audit and corporate governance committees; and
  • Take steps to promote a governance culture stressing ethics and social responsibilities within the company.
  • I. Introduction to Corporate Governance and Best Practices
    1. Corporate Governance in the Region and the Philippines
    2. The JPE Framework
    3. The Collin Carter Framework
    4. The ASEAN Corporate Governance Scorecard
    5. Performance Governance System
  • II. The Risk Oversight Committee of the Board
    1. Risk Management
  • III. The Audit Committee of the Board
    1. Best Practices
    2. Understanding the Audit Functions
    3. Principal Audit Areas
    4. Evaluating Internal and External Audits
    5. Understanding Audit and Risks, Audit and Governance
  • IV. Corporate Governance Committee of the Board and Other Related Topics
    1. Definition and Roles
    2. Structure
    3. Interfaces
    4. Independence
    5. Corporate Governance Committee Functions
    6. Ethics and Compliance
  • V. Finance for Directors (Optional)
    1. Board Role in Financial Stewardship & Oversight
    2. Board and Accounting Function
    3. Financial Reporting and Analysis
    4. Board Role in Internal Control
    5. Corporate Finance