Course Detail(E091 : Directors' Duties & the Relationship with Ethics)

SDF Funding, SkillsFuture Credit, UTAP Funding

E091 : Directors' Duties & the Relationship with Ethics

7.00 CPE Hours (Category 2)
Classroom

Programme Objective

Upon completion of the training, participants will be able to explain the liabilities and duties of directors. Participants would have appreciated the importance of directors’ duties inter relationship with ethical issues involved in it. It is to provide valuable lessons and approaches on how one should discharge their directors’ duties and approach and appreciate ethical issues as well.
 

Programme Outline

The types of directors

  • Definition of a director
  • The types of directors’ pursuant to the companies’ Act
  • Qualifications needed to be a director


The different types of directors’ duties
 

  • The fiduciary duties of directors’
  • Statutory duties of directors’
  • Duties owed to the companies pursuant to the employment contract

Key points if there is breach of directors’ duties

  • Negligence of directors’
  • Failure to exercise due care and skill
  • Fiduciary duty to avoid conflict of interest
  • Remedies for breach of directors’ duties


Ethics and Directors’ Duties

  • Definition of ethics
  • The inter relationship between ethics and directors’ duties
  • Types of ethical issues relevant to directors’ duties


Practical points when dealing with Ethics and Directors

  • Possible ethical breaches and breach of directors’ duties
  • Remedies for breach of directors’ duties and ethics issues
  • The role of companies when dealing with ethics


Training Methodology

  • Interactive Lecture style, with Exercises/Case Studies and Discussions.


Closing Date for Registration
1 week before programme or until full enrolment

Intended For

An Intermediate level programme intended for Auditors, Accountants, Senior Accountants, Senior Financial Managers and Chief Financial Officers who will be involved in decision making and running of their respective companies. Those who are going to be directors and who will be involved in the day to day running of their Company will find this programme very useful.

Competency Mapping

Category 2 = 7.00 Hours

Schedule & Fees

Date & Time

07 Feb 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 329.56
For Non-Members: $ 398.04

Programme Facilitator(s)

David Shanmugam

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

24 Aug 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 329.56
For Non-Members: $ 398.04

Programme Facilitator(s)

David Shanmugam

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

11 Nov 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

David Shanmugam

Date & Time

05 Apr 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

David Shanmugam

Date & Time

19 Oct 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

David Shanmugam

Testimonial

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 18 Nov 2019

Course Ref No.: CRS-N-0042278


All Singaporeans aged 25 and above will receive an opening credit of S$500 from the government. The credits will not expire and periodic top-ups will be provided by the government. SFC may be accumulated to pay for skills related course fees. You may wish to use your SFC to pay for partial/full ISCA course fees.  (For more information on the SFC scheme, please visit http://www.skillsfuture.sg/credit)

 

If you wish to enrol for the course with SFC Funding, please proceed with the following steps:

  • Step 1: Register for the course online via ISCA Portal. Upon adding to cart, the system will prompt a question “Do you wish to apply for SkillsFuture Credit?”, click “Yes” and input all required information. At the Cart page, please ensure that SFC funding is applied before clicking “Checkout”.
  • Step 2: After successful enrolment, please proceed to submit SFC claim on Skillsfuture Portal within 60 days before the course start date and obtain the necessary approval. Please submit SFC claim via SFC portal here: http://www.skillsfuture.sg/credit.

 

Failure to submit claim application and obtain necessary approval before the course start date will result in topping up of the SFC indicated for use. Please note that there will be an administrative fee of $42.80 for any revision of invoice.


2] WDA Training Grant - SDF Funding
This course is approved for SDF funding ($2 per training hour) for Company-sponsored participants only (Eligibility criteria apply). 
 
Funding Period: Until 18 Nov 2019
Funded Hours: 7 hours
Course Ref No.: CRS-N-0042278

If you wish to enrol participants with SDF Funding, please proceed with the following steps (For Corporate enrolments only) :

  • Step 1: Register for the course online via ISCA Portal. Upon adding to cart, the system will prompt a question “Do you wish to apply for WDA Funding?”, click Yes and input all required information. At the Cart page, please ensure that SDF funding is applied before clicking “Checkout”.
     
  • Step 2: After successful enrolment, please proceed to submit the Training Grant application via SkillsConnect Portal here: https://www.skillsconnect.gov.sg/

 

Employers of company-sponsored participants must submit training grant via SkillsConnect system to obtain training grant for course fees. You may submit the Training Grant application within the period from 30 days before the course start date to 30 days after course start date. Please note that there will be an administrative fee of $42.80 for any revision of invoice.

 

Eligibility Criteria:

  • Company must be registered or incorporated in Singapore and;
  • Applicant is taking the course for the first time.
  • Applicant must be employed, and is either Singapore Citizen or Permanent Resident of Singapore and;
  • Applicant must achieve at least 75% attendance, and pass all examinations /assessments and;
  • Applicant must be fully sponsored by the Company for all costs associated with the training and;
  • Payment has to be made via corporate means (e.g. corporate cheque, corporate GIRO, corporate credit card).

 


3] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members. NTUC member gets to enjoy UTAP funding 50% of the unfunded course fee capped at $250 every year. This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 01 April 2019 – 31 March 2020.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.

 
To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
 
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

Programme Facilitator(s)


David Shanmugam

David Shanmugam has many years of legal experience in the private sector and is currently working as an in-house Legal Counsel for a local company. He holds a Bachelor of Law degree from the University of London and a Master of Business degree from Victoria University.

Over the years, David has conducted legal training for the corporate sector on the various practical legal issues facing the corporate field and has lectured for many training institutions, on business and company law. His forte lies in the field of corporate and commercial drafting of contracts, including company matters.

Programme Objective

Upon completion of the training, participants will be able to explain the liabilities and duties of directors. Participants would have appreciated the importance of directors’ duties inter relationship with ethical issues involved in it. It is to provide valuable lessons and approaches on how one should discharge their directors’ duties and approach and appreciate ethical issues as well.
 

Programme Outline

The types of directors

  • Definition of a director
  • The types of directors’ pursuant to the companies’ Act
  • Qualifications needed to be a director


The different types of directors’ duties
 

  • The fiduciary duties of directors’
  • Statutory duties of directors’
  • Duties owed to the companies pursuant to the employment contract

Key points if there is breach of directors’ duties

  • Negligence of directors’
  • Failure to exercise due care and skill
  • Fiduciary duty to avoid conflict of interest
  • Remedies for breach of directors’ duties


Ethics and Directors’ Duties

  • Definition of ethics
  • The inter relationship between ethics and directors’ duties
  • Types of ethical issues relevant to directors’ duties


Practical points when dealing with Ethics and Directors

  • Possible ethical breaches and breach of directors’ duties
  • Remedies for breach of directors’ duties and ethics issues
  • The role of companies when dealing with ethics


Training Methodology

  • Interactive Lecture style, with Exercises/Case Studies and Discussions.


Closing Date for Registration
1 week before programme or until full enrolment

Intended For

An Intermediate level programme intended for Auditors, Accountants, Senior Accountants, Senior Financial Managers and Chief Financial Officers who will be involved in decision making and running of their respective companies. Those who are going to be directors and who will be involved in the day to day running of their Company will find this programme very useful.

Competency Mapping

Category 2 = 7.00 Hours

Programme Facilitator(s)

David Shanmugam

David Shanmugam has many years of legal experience in the private sector and is currently working as an in-house Legal Counsel for a local company. He holds a Bachelor of Law degree from the University of London and a Master of Business degree from Victoria University.

Over the years, David has conducted legal training for the corporate sector on the various practical legal issues facing the corporate field and has lectured for many training institutions, on business and company law. His forte lies in the field of corporate and commercial drafting of contracts, including company matters.

Upcoming Schedule

Date & Time

07 Feb 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 329.56
For Non-Members: $ 398.04

Programme Facilitator(s)

David Shanmugam

Venue

60 Cecil Street
ISCA House
Singapore 049709