Fundamentals for New Directors
Program Overview
The Terry College of Business Executive Programs offers you Fundamentals for New Directors. This two-day program for new board members and senior executives explores best practices in corporate governance and will provide you with practical insight into how to handle today's boardroom challenges.
In light of the new legislation and regulatory changes, every board member should be aware of his or her legal, fiduciary, and ethical responsibilities and liabilities. Learn the fundamental roles and responsibilities of the board and its committees, methods for evaluating financial health and performance, and practical ways of implementing new regulatory requirements. Interact with other board members and executives who share similar experiences and take with you a practical, informed perspective for helping your board achieve and sustain superior performance.
Available accreditation includes: CLE, CEU and CPE
Who Should Attend
- New board members
- Senior executives
Benefits
The Fundamentals for New Directors program will provide attendees with practical insight into how to handle today's boardroom challenges.
Topics Covered
Expectations of New Directors
Discuss the role of the board as it relates to management, duty of care, legal obligations, and independence requirements. Learn what impact new legislation and regulations have had on each.
Financial Statements and Quality of Financial Reporting
Overview the basics of financial statements and learn to how to evaluate earnings, earnings management practices, and reporting quality. Define the board's role in financial oversight.
Warning Signs of Troubled Companies
Learn how to watch for signs of changing financial performance, including a top 10 list of red flags indicating trouble ahead.
Audit Committee Best Practices in a Complex Environment
How have the audit committee's responsibilities changed and where can the committee seek assistance when needed?
The Compensation Committee
Discuss compensation plans, new rules to incorporate in structuring executive compensation, and the view of compensation from the shareholders and activists.
Director and Officer Liability Insurance Issues
What is your liability in director and officer litigation matters and how can you best protect yourself and the company you serve?
Faculty
Dennis Beresford, keynote speaker
Chaired professor of Accounting at the Terry College of Business who served as chairman of FASB for 10 years and currently serves on the boards of Worldcom, National Service Industries, Legg Mason, and Kimberly-Clark Corporation.
Duration and Costs
- Duration: 1.5 Days
- Cost: NACD members, $1,500 per attendee reservation
Individuals or Groups, $1,700 per attendee reservation
Contact Information
University of Georgia
110 E. Clayton Street
Suite 602
