About the Program

Every board member understands the importance of company finances. However, not every director is aware of their specific role and responsibilities in regard to financial governance and stewardship. This training is designed to equip directors that have a non-financial background with a deeper understanding of key financial issues, including how to spot red flags, vulnerabilities, and risks in company finances.

Specifically, the program will cover the following topics:

• The director’s role and responsibilities in financial governance and reporting
• The life cycle of business financing, including diverse sources of company finances and their advantages and disadvantages
• How to interpret financial statements, including how to analyze business/financial information and use of ratios
• Governance of external financial reporting, including standards and practices
• Director’s checklist: key questions that each director should ask and how to spot red flags

Program Objectives

• The director’s role and responsibilities in financial governance and reporting.
• Key terminology, policies, and procedures governing financial reporting.
• How financial statements are developed and what they represent.
• Relevant questions to ask regarding company finances and how to understand the answers given.
• How to ensure the company is solvent/liquid, profitable, and performing

*Prior knowledge of accounting or finance is not required.

Who should attend this program:

Board members, senior management of corporations, public sectors and non-profit organisations and senior partners of professional firms who may not be financial experts but need to be financial literate in order to effectively conduct corporate governance responsibilities.

(Previous attendees of the full Director Certification Program may attend this as a summary-level refresher but please note that some of the content will be repeated.)

Program Agenda:

• Introduction
• Financial Governance
• Basics of Interpreting Financial Statements
• Accounting Fraud and Internal Control
• Financing the Life Cycle of the Business
• The Governance Practices of External Financial Reporting

Note: The attendees will get additional discounts for full DCP after attending the Finance for Director program. This attendance will allow you to skip the Finance modules of DCP or attend them as refresher.

Registration:

Please register by 14 July 2025  to reserve your spot. Spaces are limited – first come first served. Thank you.

Online Registration Link

Please contact trainingandevent@myanmariod.com or the office of Myanmar Institute of Directors.

Phone Number: +95 9 427 363 904, 400151419, 400151412