Financial Reporting for Directors

This course is dedicated to non-executive directors that do not have a professional accounting background but that would like to acquire insight on how to read and interpret financial statements. To fully benefit from this introductory class, participants are expected to have a basic knowledge of corporate accounting.

This class is not designed for qualified accountants, chief financial officers, controllers and similar professionals dealing with financial figures on a day-to-day basis.

The purpose of this specific training is to provide directors with practical knowledge on financial reporting in order to understand how to read and interpret financial reports as an independent director.

The objective of this training is to offer participants a hands-on experience rather than a theoretical class.

This program will enable participants to:

• Review the key foundations of financial reporting: accounting conventions and principles
• Understand the key components of financial statements and their information usefulness
• Become aware of some of the paradoxes of financial reporting
• Feel comfortable reading the company’s financial report as an independent director
• Discuss more effectively the performance and the financial position of their company
• Contribute more prominently to boardroom discussion with regard to the financial reports of the company

The participants will be provided with multiple real-life financial reports for review, analysis and discussion.

A certificate of participation will be provided to participants at the completion of the course.