The role of the Non-Executive Director (NED) has come under the spotlight and the expectations of key stakeholders of companies, both internal and external, has increased significantly. NEDs are considered to be the “guardians of corporate governance”, but are also required to bring a broad range of experience and insight, as well as providing a positive and supporting challenge to the boardroom.
Aspiring NEDs need basic knowledge and understanding; new NEDs need to have the essential tools and techniques to add value from day one; experienced NEDs need to keep up-to-date, both technically and with further development of some of the softer personal skills.
Our NED training and certification programme - run in association with the Institute of Chartered Accounts in England and Wales (ICAEW) - covers a breadth of essential topics including: the role of NEDs, NEDs and the board, director duties and responsibilities the role of the chairman and board committees (especially the Audit Committee), updates on corporate governance, business strategy and risk management, evolving good practice in board performance as well as exploring aspects of corporate culture and director attributes.
The cost of the course includes:
- All course materials and supporting documents
- Six months’ complimentary NEDA Premium membership, providing access to the course text - The Non-Executive Directors’ Handbook (through the members’ portal) – plus all of the other NEDA member benefits.
- The Non-Executive Directors’ Handbook not only supports the overall course learning outcomes, especially taking the NED Certificate Test (see below), but also serves as the essential reference guide during your career as a NED, leader and board committee member.
- A link to the NED Certificate Test will be provided after attending the course allowing up to two attempts to pass the Test.
- The Test comprises 30 multiple choice questions to be answered in one hour. Questions are drawn from an extensive question bank based on the NED Handbook which should therefore be read in advance of taking the Test. The Test is online, 'open-book' and can be taken at any time.
- The 'ICAEW NED Certificate' is awarded upon successful completion of the online Test.
Learning outcomes:
- Understanding what it means to be a professional non-executive director.
- Seeing the role in the context of the demands of a range of industry sectors.
- Being up-to-date with the leading governance, strategy and risk practices aligned with stakeholder interests.
- Appreciating why an “effective board” is needed and what it should look like.
- Familiarity with the roles and responsibilities of Board Committees.
- All you need to know with regard to the Audit Committee.
- Understanding how you can and should be adding tangible value to an organisation.
- Knowing the best way to go to market as a new NED, with some tips and hints on presenting yourself as an independent NED.
- Benefiting from the knowledge and experience of NEDA, the leading NED training, advisory, and support organisation.
CPD Hours:
ICAEW's revised Continuing Professional Development (CPD) Regulations bring in new CPD requirements. This includes a minimum number of hours and an ethics requirement. Attending this course could contribute up to 7 hours of verifiable CPD, providing you can demonstrate that the content is relevant to your role. A copy of the course booking confirmation email is accepted as evidence of verifiable CPD.
Feedback from previous NED Training Courses:
'I feel much more confident as an aspirant NED than I did before the course.'
'The pace of the course keeps you on your toes and there are lots of opportunities to discuss with others and learn others’ views.'
'The whole session was excellent and the introductions at the start were great for a really interactive day's training.'
'The trainer’s knowledge and support brought the course to life, I also really enjoyed the guest NED speaker – great war stories and insight.'
Please note: when you register for the training package, any personal data provided (principally name and email address) will be shared with NEDA and ICAEW.