02-04 July 2024

Registration Deadline: 23 June 2024 (Opened for Registration)
Course Fee: MVR 1,800/-
Online Transfer, should be credited to the following account.
Account Details: 7701156637003
All bank charges (if any) should be borne by the applicant.
Payment and Confirmation:  Registration to the event is confirmed upon receipt of payment and application form.
Mode of Study: Face to Face
Apply Online: July Programme 
(Applications Closed - Seats Full)
This comprehensive 3-Day program is crafted to empower corporate directors with the essential knowledge, skills, and values. It delves into the realm of corporate governance, directorial duties, and their alignment with effective performance, all within the context of the laws and regulations like the Companies Act, Taxation, and Anti-corruption.

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)
- Auditor General’s Office (AGO)
- Anti-Corruption Commission (ACC)
- Maldives Inland Revenue Authority (MIRA)


- Subject experts from Maldives


  • 3 working days

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 framework and mechanics
  • Global corporate governance
  • Broadening the corporate governance agenda

Business Ethics and Risk Management

  • Basic of risk management in all forms of business
  • Types of risk, risk identification, assessment, and mitigation
  • Board's role pertaining to risk and developing strategies
  • Risk diversification
  • Anti-corruption and procurements

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 owner in the AGM
  • Board's input to enhance the external audit process


  • Purpose of taxation
  • Tax systems in the Maldives
  • Tax audits
  • Types of taxes
For inquiries related to training, kindly get in touch with us at icds@cmda.gov.mv

Upcoming Training Schedules