Directors' Training Programme
Directors' Training Programme
29 - 31 August 2022
Registration Deadline: 24 August 2022
Course Fee: MVR 1,500/-
Online Transfer, should be credited to the following account and transaction
slips to be emailed to icds@cmda.gov.mv. All bank charges (if any) should
be borne by the applicant.
Account Details: 7701156637003 CMDAINCOME A/C
Payment and Confirmation: Registration to the event is confirmed upon
receipt of payment and application form.
Mode of Study: Face-to-face
This is a 3-day programme designed to
enhance knowledge, skills and values demanded by corporate directors.
This programme focuses on corporate
governance, duties and responsibilities of directors and its relation to the
efficient performance in commensuration to the CG code and other regulations in
the Maldives such as Companies Act, Taxation and Anti-corruption.
In addition, this programme offers practical
frameworks and tools to sharpen business judgments and decision-making skills,
along with analytical skills, knowledge on taxation and business ethics.
Delivered in
partnership with the Ministry of Economic Development, Maldives Inland Revenue
Authority, Auditor General’s Office, and Anti-Corruption Commission.
Who should attend?
- Directors
of State-Owned Enterprises (SOEs)
- Directors
of Listed Companies
- Directors of Private Companies
- Parties interested in becoming Directors
of Companies
Presented by:
- Capital
Market Development Authority (CMDA)
- Ministry
of Economic Development (MoED)
- Privatization
and Corporatization Board (PCB)
- Auditor
General’s Office (AGO)
- Anti-Corruption
Commission (ACC)
- Maldives
Inland Revenue Authority (MIRA)
Trainers:
- Subject experts from Maldives
Duration
- 3 days (9:00am to 4:00pm)
Attendance Requirement & Certification
- 80% Attendance is required to receive Certification
Course Contents:
Competencies of Directors
- Roles and responsibilities of Board Directors
- Strategic planning
- Reading and interpreting annual reports including financial statements
- Evaluating investment proposals
Corporate Governance
- Corporate governance frameworks and mechanisms
- Global corporate governance
- Broadening the corporate agenda
Business Ethics and Risk Management
- Basics of risk management in all forms of business
- Types of risk, risk identification, assessment and mitigation
- Board's role pertaining to risk and development strategies
- Risk diversification
- Anti-corruption and procurement
Internal & External Audit
Internal Audit
- Benefits of internal audit
- Role of internal audit in enhancing the governance of the company
- Role of the Board to enhance the internal audit function
External Audit
- Board’s responsibility for preparation of financial statements
- Board’s responsibility in presenting the audited financial statements before the owners in the AGM
- Board’s input to enhance the external audit process
Taxation
- Purpose of taxation
- Tax system in the Maldives