Learning Series: Director Certification Program (DCP) 2nd Batch

June 11, 12 and 13, 2019

Director Certification Program (DCP) 2nd Batch was held on 11th – 13th June, 2019 in Sule Shangri-la Hotel,  developed by the Myanmar Institute of Directors (MIoD) together with IFC , a sister organization of the World Bank, in partnership with the Singapore Management University Executive Development, renowned for its excellence in delivering executive progra ms . The Director’s Certification Program was organized with the support from the Directorate of Company Administration and the governments of Australia and the United Kingdom.

Day 1

Day 1 DCP is an important day to understand a deep dive into the fundamentals of the ????????? ?????????? Framework. Morning sessions, Participants discussed more focus on examining the role, structure, and function of the board of directors, how it is set in the ?????? ???????? context. The discussions are really helpful to understand how to ensure effective implementation of governance practices in their companies.

Day 2

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We need to comprehend how to analyze the financial position and performance of a firm by taking a deep dive into financial statement analysis. The participants had a great time by doing case studies on which drivers can impact the operating profit (#EBIT). As Directors we hold great responsibility by providing the duty of care and diligence in carrying out our duties. Internal controls and managing risks are an integral part of the board’s review of its effectiveness. The day closed with studies of well-known accounting frauds which resulted in making wrong decisions which led to companies’ sustainability.