DIRECTOR CERTIFICATION - CERTIFIED DIRECTOR HANDBOOK - IODSA
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Director Certification
Certified Director® Handbook
Certified Director Handbook Reviewed January 2021 p.1
CONTENTS
1. Introduction ............................................................................................................... 6
2. Overview of The Institute of Directors In South Africa (IoDSA) ............................... 8
2.1 IoDSA Vision ............................................................................................................... 8
2.2 Our Strategic Focus ................................................................................................... 8
2.3 Membership of the IoDSA........................................................................................ 10
3. Overview of Certified Director designation ............................................................ 10
3.1 Purpose of The Certified Director designation....................................................... 10
3.2 Governance Structures .......................................................................................... 11
3.2.1 IoDSA Board ............................................................................................................. 11
3.2.2 IoDSA Certification Committee .............................................................................. 11
3.2.3 Administration of the Certified Director processes ............................................... 12
3.3 Code Of Conduct ..................................................................................................... 13
4 Certified Director Assessment Process ................................................................. 13
4.2 Duration ................................................................................................................... 15
4.3 Fees .......................................................................................................................... 15
4.4 Part 1: Training And MCQs....................................................................................... 16
4.4.1 How Do I Register for Part 1: Training And Mcqs? .................................... 17
4.4.2 Exemptions .............................................................................................................. 17
4.4.3 Letter of Completion ................................................................................. 18
5 Part 2: Assessment .................................................................................................. 18
5.1 Who Qualifies to write the Certified Director assessment? ........................ 19
5.2 How do I Register for Part 2: Assessment? ................................................... 19
5.3 Assessment Results ...................................................................................... 20
5.4 Rewriting of the Assessment ........................................................................ 20
5.5 Special Needs Requests ................................................................................ 20
5.6 Certification ................................................................................................... 21
5.7 Use of Certified Director Post-Nominal ....................................................... 21
Annexure A Certified Director Pathway Programmes .................................................... 25
Certified Director Handbook Reviewed January 2021 p.2
GLOSSARY OF TERMS
Board of Directors The term “board of directors” has been replaced in King IVTM by the
term “governing body” and these terms are used interchangeably in
the handbook. The IoDSA Board is the highest authority within the
IoDSA.
Certification The IoDSA Certification Committee is a board committee that derives
committee its mandate from the IoDSA Board and reports into the IoDSA Board.
Board Committee The term “board committee” has been replaced in King IVTM by the term
“governing body committee”. For the purpose of this handbook the
term “board committee” has been used. It can, therefore, be assumed
that any reference that is made to “board committee” also refers to a
“governing body committee”, as defined by King IVTM.
Institute of The Institute of Directors in South Africa NPC (IoDSA) is a professional
Directors in South body recognised by the South African Qualifications Authority (SAQA)
Africa and a non-profit company (NPC) that exists to promote corporate
governance and to maintain and enhance the credibility of directorship
as a profession (SAQA ID: 836).
Director The IoDSA Director Competency Framework presents the professional
Competency standard for directors in South Africa. 20 Competences and 5
Framework™ fundamental values are included in the framework.
South African The South African Qualifications Authority (SAQA) is a juristic person
Qualifications that recognises professional bodies and is mandated by the National
Authority (SAQA) Qualifications Framework (NQF) Act.
More information about the SAQA can be found at
http://www.saqa.org.za/docs/webcontent/2014/about.htm.
National Learner The NLRD, which has been in operation since November 1999, is the
Record Database electronic management information system that facilitates the
(NLRD)
Certified Director Handbook Reviewed January 2021 p.3management of the NQF and enables SAQA to report accurately on
most aspects of the education and training system of South Africa.
More information about the NLRD can be found at
http://www.saqa.org.za/docs/webcontent/2012/nqf-nlrd.html.
Director IoDSA defines a director as a person who is duly appointed to and is a
voting member of, a governing body, either in an executive or non-
executive capacity.
Organisation of An organisation of substance is defined by the IoDSA as an organisation
substance that:
has founding documents and governing body/committee
charters which details how the governing body and
committees operate;
publishes an annual report or an annual integrated report;
undergoes an annual financial audit;
has an established governing body that meets at least 4 times
a year;
has at least 2 of the following governing body committees that
meet at least 2 times a year, or committees that fulfil similar
roles:
o Audit and risk (combined or separate)
o Human resource or Remuneration committee
o Nominations committee
o Social and ethics committee
has a majority non-executive directors on the governing
body;
has appointed a company secretary or governance
professional advising the board;
has shareholders or members (if applicable)
holds an annual general meeting or annual
shareholder/stakeholder meeting (if applicable).
Where the company is a subsidiary of a bigger company, the subsidiary
company needs to meet the criteria.
Certified Director Handbook Reviewed January 2021 p.4COPYRIGHT, TRADEMARKS AND REGISTRATIONS
CD(SA)® or Chartered Director (SA)® Chartered Director (SA)® and CD(SA)® are trademarks
owned by the Institute of Directors in South Africa
(IoDSA). All rights reserved.
Director Competency Framework™ The framework is trademarked by the IoDSA and
cannot be used outside of this context without prior
written permission.
Certified Director® or Certified Certified Director® and Cert.Dir® are trademarks
Director ® owned by the IoDSA. All rights reserved.
King IVTM King IVTM Report on Corporate Governance for South
Africa 2016. IoDSA owns all copyright and titles in King
IV in its entirety, inclusive of all parts, sections,
chapters and supplements that make up the King IVTM
report
Certified Director Handbook Reviewed January 2021 p.51. INTRODUCTION
The Certified Director Handbook is aimed at providing a comprehensive guide and overview of
all the processes relating to the Certified Director designation. The Handbook is reviewed
annually and updated if necessary. It is the reader’s responsibility to ensure that the latest
version of the handbook is consulted.
The Certification policyi communicates the rules and governing principles on which the activities
related to the IoDSA certification processes are based and explains the certification
requirements that must be met to be awarded, and to retain, a professional designation offered
by the IoDSA.
In addition to this Certification Policy, prospective and current certificants are required to
adequately familiarise themselves with the content and provisions of the following:
Membership regulations
Code of Professional Conduct
Disciplinary Regulations
Continuous Professional Development (CPD) policy
Director Competency FrameworkTM
Examination policy
Appeal policy
The IoDSA reserves the right to seek any information it requires during, but not limited to, the
assessment process on a candidate’s current and former roles, education background and other
aspects of their application or portfolio as it sees fit. This includes inter alia regular reputational
scans.
The IoDSA may, at its discretion, refuse to accept any application which may place the IoDSA or
the profession at risk or withdraw the designation from any designee who breaches the Code of
Professional Conduct and/or the undertakings given to the IoDSA as member.
Policies can be found on the designations page of the IoDSA website.
Certified Director Handbook Reviewed January 2021 p.6The content of the Handbook is presented in relation to the Certified Director processes and
includes:
Overview of the IoDSA – as a Certified Director you need to be a member of the IoDSA.
Understanding the role of the organisation and how the different structures relate to the
Certified Director processes is, therefore, key to understanding why membership is so
important.
Overview of the Certified Director – the benefits and purpose of the professional
designation, as well as how it is governed in terms of the structures, the Code of
Conduct, the assessment process and the maintenance of the status provide the
individual with a broader understanding of how to participate, as well as how to comply
with the CPD requirements.
Certified Director assessment process – this speaks to the training (Part 1) and
assessment (Part 2) that need to be passed in order to gain the designation. Guidance
and support are given in the form of guidelines – some of which can be found on the
IoDSA website. This section also makes reference to the appeals process related to each
of the assessment activities.
Maintaining the Certified Director designation – this details the criteria used to monitor
the ongoing maintenance of the Cert.Dir and includes continuing professional
development (CPD).
Disciplinary process – Certified Director’s – whether a candidate or designee – need to
familiarise themselves with the consequences of non-compliance.
Revocation – this section provides detail on the reasons why a Certified Director
designation could be revoked.
The handbook should be used by both aspiring Certified Directors as well as qualified individuals;
and can be found on the designations page of the IoDSA website at.
Certified Director Handbook Reviewed January 2021 p.72. OVERVIEW OF THE INSTITUTE OF DIRECTORS IN SOUTH AFRICA
(IoDSA)
The Institute of Directors in South Africa NPC (IoDSA) is a professional body recognised by the
South African Qualifications Authority (SAQA) and a non-profit company (NPC) that exists to
promote corporate governance and to maintain and enhance the credibility of directorship as a
profession (SAQA ID: 836).
2.1 IoDSA Vision
The IoDSA strives to contribute value and have a positive impact on our stakeholders. Our vision
is that directors and others charged with governance duties in all sectors are empowered to
discharge these duties effectively. For us our slogan “Better Directors. Better Boards. Better
Business.” is something that truly inspires all that we do and we believe that this will eventually
lead to a better South Africa for all its citizens.
2.2 Our Strategic Focus
The IoDSA’s objectives as stated in the Memorandum of Incorporation are:
promote good corporate governance in southern Africa by empowering those who are
charged with governance duties to effectively and legally discharge those duties;
safeguard the integrity and status of directorship as a profession by serving as the
professional body for directors and through offering a professional designation which
serves to assess and credit mastery as a director;
take a continuing and effective interest in legislative developments as this relates to
governance and directors’ duties in order as far as possible to ensure that the
Constitution of South Africa, 1996 is upheld and that a climate conducive to economic
growth is maintained;
uphold and maintain the concept of the corporate entity as a responsible corporate
citizen and its role in a free enterprise economy;
provide an effective voice for directors in public affairs;
maintain and strengthen the bonds and reciprocity between the IoDSA and professional
organisations with similar objectives within southern Africa and in other parts of the
world;
Certified Director Handbook Reviewed January 2021 p.8 undertake, provide and support or assist in research, thought leadership, guidance,
advice, opportunities for peer interaction, education and training which may assist in the
attainment or advancement of any of the objects of the IoDSA as set out above; and
do all such things as the Board determines would be in the furtherance of the objects set
out above.
Our strategic focus is aligned to these strategic objectives and presented in the figure below.
Figure 1: IoDSA Strategic Focus
Certified Director Handbook Reviewed January 2021 p.92.3 Membership of the IoDSA
Before applying for the Certified Director assessment, the candidate needs to have a valid, paid-
up membership of the IoDSA, More information about the member application process can be
accessed on the website at https://www.iodsa.co.za/page/why-join .
3. OVERVIEW OF CERTIFIED DIRECTOR DESIGNATION
The designation is awarded to individuals who have successfully completed the Certified
Director learning pathway. Part 1 consists of training and the online multiple-choice questions
(MCQs) linked to each of the training programmes, whereas Part 2: Assessment is the final
integrated examination. The entire programme is aligned with the knowledge components of
the IoDSA’s Director Competency Framework™.
3.1 Purpose of the Certified Director Designation
Anyone can be appointed as a director of a company. The Certified Director Designation is
aimed at signalling to the market place that individuals who attain this designation have the
knowledge to serve as a director. However, it does not indicate that the individual is an
experienced director because the candidate’s experience is not evaluated as part of the
Certified Director assessment process
The main benefits of attaining the designation can be divided into the 5 C’s:
Commitment – by volunteering to participate in the assessments required to attain the
designation, individuals are signalling their commitment to the professionalization of
directorship in South Africa;
Compliance – individuals attaining the Certified Director (Certified Director) also signal their
compliance with the requirements of the King IV Report on Corporate Governance™ in South
Africa, 2016;
Competence – the successful completion of the MCQs, as well as the examination, demonstrate
an in-depth understanding of the knowledge underpinning a director’s roles and responsibilities
and corporate governance in general;
Code – all individuals who attain the designation are required to sign annually adherence to the
Code of Conduct and can be disciplined in terms of this code; and,
Certified Director Handbook Reviewed January 2021 p.10Continuing Professional Development (CPD) – to retain the designation, commitment to
meeting the annual CPD requirement forms part of the maintenance requirements.
3.2 Governance Structures
There are a few structures involved in the oversight and management of all the process related
to the designations.
Figure 2: IoDSA Governance structures for designation purposes
3.2.1 IoDSA Board
The IoDSA Board constitutes and approves the mandate for the IoDSA Certification committee.
This includes the approval of the qualifying criteria. For more information on IoDSA board
members, visit www.iodsa.co.za.
3.2.2 IoDSA Certification Committee
This committee was constituted in 2018. The responsibility of this committee is to provide
oversight of all policies, processes and activities relating to the two professional designations
offered by the IoDSA, namely the Chartered Director (SA) and the Certified Director
designations.
Certified Director Handbook Reviewed January 2021 p.11The IoDSA Certification Committee is charged with the oversight role in relation to the
awarding, revoking and maintenance of the professional designations.
3.2.3 Administration of the Certified Director processes
Two departments are involved in the administration of the programme:
Part 1 – Individual Director Development manages the delivery of the training and MCQs.
Part 2 - Director Certification manages the delivery of the Cert. Dir. Assessment, as well
as the monitoring of continuing professional development (CPD).
The organogram below presents the different people that are involved in each department.
Parmi Natesan
CEO
Sherma Malan
Executive: Certification
and member services
Londeka Thabethe Fanny Grobler
Senior Manager: Manager: Individual
Certification Director Development
Lulama Gobo
Administrator:
Certification
Figure 3. Organogram
Certified Director Handbook Reviewed January 2021 p.123.3 Code of Conduct
As from 1 May 2019, all members of the IoDSA, regardless of membership type or designation,
are bound to the IoDSA Code of Professional Conduct.
4 CERTIFIED DIRECTOR ASSESSMENT PROCESS
The process of qualifying as a Certified Director is divided into 2 parts:
Part 1: Online Training and MCQs (Multiple Choice Questions)
Part 2: Assessment
Once the designation has been gained, the candidate is required to maintain their status
through continuing professional development (CPD) and other requirements. These
requirements are detailed in section 6 of this Handbook.
Certified Director Handbook Reviewed January 2021 p.13Figure 4: How to become a Certified Director
Certified Director Handbook Reviewed January 2021 p.144.2 Duration
The duration to complete Part 1 is dependent on the candidate’s availability to attend all the
required online training programmes and complete the MCQ’s. Part 1 Training is available
throughout the year on the Director Development Calendar, however, these programmes tend
to fill up fast which may mean that the candidate has to register for a later training programme.
There are four Part 2 Assessment dates scheduled per year. Part 1 must be completed before a
candidate can proceed to Part 2.
4.3 Fees
The full costing for the Certified Director process, including both Part 1 and Part 2, is
summarized in the table below, please note these fees exclude VAT and are applicable for 2021
only and are subject to change.
Online Non Fellow
Member (Excl.
booking Fees Member (Excl. Member (Excl.
VAT)
link VAT) VAT)
Being a Director Click here In- R 16 216.10 R 20 270.13 R 13 514.09
Package Deal Part 1- to Book person
4 now Digital R 12 608.70 R 16 695.65 R 9 913.04
Click here In- R 3 861.05 R 4 826.31 R 3 217.70
Being a Director Part
to Book person
5*
now Digital R 3 127.45 R 3 909.31 R 2 606.34
Click here In- R 2 703.89 R 3 379.86 R 2 253.36
Governance of
to Book person
Ethics*
now Digital R 2 086.96 R 2 782.61 R 1 652.17
Financial insights for Click here In- R 4 504.47 R 5 630.59 R 3 753.91
non-financial to Book person
directors* now Digital R 3 521.74 R 4 652.17 R 2 782.61
Note: The full journey to Cert.Dir cost indicated above cannot be purchased as a full package.
The above is just an indication of the full cost for all of the programmes and MCQ’s
together. All programmes need to be purchased individually via our website
https://www.iodsa.co.za/page/training-individuals.
Certified Director Handbook Reviewed January 2021 p.15* Should you qualify for an exemption for Being a Director Part 5, Financial insights for non-
financial Directors or The Governance of Ethics module then the cost of Part 1will reduce
accordingly.
4.4 Part 1: Training and MCQs
The IoDSA’s Director Development department offers the training programmes and multiple-
choice questions (MCQs) that are required to qualify to write the Certified Director (Cert.Dir.)
assessment.
The training that needs to be completed includes:
Being a Director Part 1 – 4 (4 days of training);
Being a Director Part 5 – Boardroom theory into practice (1 day of training);
Financial insights for non-financial directors (1 day); and,
Governance of Ethics (1/2 day).
For more information on focus areas for each of these programmes, refer to Annexure G.
Once the training is complete, individuals are then required to complete the multiple-choice
questions (MCQs) for the following training programmes:
Being a Director Part 1 – 4;
Finance for non-financial directors; and,
Governance of Ethics.
Please note:
Training programmes attended remains valid for 36 months. If a candidate wants to
pursue the Certified Director designation, they must write the Certified Director
assessment (exam) within this specified time period.
The IoDSA will verify that the individual attended the programme.
Individuals cannot write the MCQs without having attended the training.
Certified Director Handbook Reviewed January 2021 p.16 Registration for all Director Development programmes is completed online.
Invoices are raised during the online registration process.
The MCQs are completed online. Once payment is made, a password and login details are
provided and login can be effected through the internet from any location.
A pass mark of 70% is required for each set of MCQs and candidates get two
opportunities to pass the test.
There is no limit to how many times an individual can rewrite the MCQs, but an additional
fee is payable for attempts 3 and onwards. Candidates who do not pass on the second
attempt, need to apply and pay for another MCQ login.
The MCQ results are immediate and automated by the online MCQ portal. The results
received are final and no discussion or correspondence will be entered into regarding the
results.
The individual completing the online MCQ's is not permitted to sharing questions with
other delegates.
By accepting the terms of use, you confirm that you will complete the online MCQ's as an
individual and not with the help of any other person.
4.4.1 How do I register for Part 1: Training and MCQs?
Registration for training is completed online, as for any of the training offered by Director
Development. Similarly, registration for the MCQs is also completed online.
Invoices are raised during the online registration process.
4.4.2 Exemptions
Individuals can apply for exemption from “Being a Director Part 5”, “Financial insights for non-
financial directors” and “Governance of ethics” training and MCQ modules should they meet the
following criteria:
Financial insights for non-financial directors – individuals that work in a senior financial
role or have completed a qualification at NQF 6 or higher that includes a finance module,
are able to apply for exemption from this training and MCQ’s. Please visit the website to
access the application form.
Certified Director Handbook Reviewed January 2021 p.17 Governance of Ethics – individuals that have completed the Ethics Officer Certification
Programme (EOCP) through The Ethics Institute of South Africa can apply for exemption
from this training and MCQ’s. Please visit the website to access the application form.
Being a Director Part 5 – individuals who are able to prove that they have served on a
board of an organisation of substance for 12 months or more, can apply for an
exemption. Please visit the website to access the application form.
Individuals who are granted exemption from the “Financial insights for non-financial
directors” or “Governance of Ethics” need not write the MCQ for this programme, but
must be aware that the exam will contain questions on these programmes. Learning
material will not be provided to the exempted candidate.
4.4.3 Letter of Completion
Once Part 1: Training and MCQs are complete, the candidate needs to apply for a
Letter of Completion from Director Development. If you are uncertain whether you
have met all the Part 1 requirements, a checklist has been developed for you to check
your progress in Part 1: Training and MCQ’s (Multiple Choice Questions). See
Annexure F for the Checklist.
Address your request, via the online form under Certifications - Application for letter of
completion on the IoDSA website
5 Part 2: Assessment
Once Director Development has issued the Letter of Completion, the individual is
able to apply for the Certified Director (Cert.Dir.) exam, also referred to as Part 2:
Assessment. (Refer to Annexure L – Exam policy)
This takes the form of a 3 hour closed book exam that is written at the IoDSA offices in Sandton
on set dates. Exams can also be hosted in Cape Town if a minimum of 5 delegates is registered
for the exam. IoDSA reserves the right to cancel an exam if there are not enough candidates
registered to host the exam cost-effectively. Candidates will be notified 5 working days before
Certified Director Handbook Reviewed January 2021 p.18the exam if the particular exam is cancelled, whereupon the candidate may decide to travel to
Johannesburg at their own cost to write the exam, or to defer the exam to the next date.
Exam dates are made available on the IoDSA website under the relevant Certified Director page.
All registrations need to be completed online and registrations close 5 working days prior to the
exam date. No late registrations will be considered.
5.1 Who qualifies to write the Certified Director Assessment?
Individuals who have successfully completed Part 1: Training with Director Development and
have received their Letter of Completion, are legible to apply for the Certified Director
assessment.
An individual must be an ordinary member of the IoDSA before they can apply for the Certified
Director Assessment. Future Leader members do not qualify for designations.
5.2 How do I register for Part 2: Assessment?
Complete the online Certified Director registration, attaching the Director
Development Letter of Completion, a certified copy of your ID, Candidate Code of
conduct declaration.
The individual applies for a specific assessment date online. If for some reason, the individual is
not able to write on this date, then she/he needs to notify Director Certification in writing at
least 7 working days before the assessment. Terms and conditions (as set out in the registration
form) apply.
Please note:
The assessment can be hand-written or typed and the candidate must indicate his/her
preference at registration.
Candidates typing the assessment need to supply their own computers and computer
cable.
A pass mark of 50% is required to pass the assessment.
The outcome of the exam is either pass (50% or more), fail (less than 50%), or distinction
(75% or more).
Candidates are not issued with a specific mark.
Marked scripts and exam papers are not shown to the candidates
Certified Director Handbook Reviewed January 2021 p.19 Candidates are able to request a re-mark or appeal to the outcome of the assessment.
5.3 Assessment Results
Once the examination is assessed, the results are approved by the IoDSA Executive before
being released. A pass result does not automatically result in the candidate being certified. The
Certification Committee will be presented with the successful candidates for certification
consideration. Results are sent to the individual candidates via email by Director Certification.
5.4 Rewriting of the Assessment
A candidate that does not pass the assessment is able to rewrite the assessment once in a 2-
year cycle at no additional cost. However, should a candidate wish to rewrite the assessment a
third time, then this will be at an additional cost. A candidate that has failed 3 assessments
within a 2-year cycle must attend Part 1: Training and MCQ’s again before being able to register
for the exam again.
5.5 Special needs requests
You are able to apply for assistance during the assessment, but only for medical reasons.
Typical requests include:
An oral exam when the candidate is not able to write/type the exam
A transcriber when the candidate is not able to write/type the exam. The transcriber will
be appointed by the IoDSA and the expense will be for the account of the candidate.
Longer time allocation where the candidate is diagnosed with a relevant learning
disability.
The application for assistance must be submitted at least 2 weeks before the assessment.
However, approval is at the discretion of the IoDSA Certification Manager.
Requests should be directed in writing to Director Certification at certification@iodsa.co.za and
accompanied by a signed letter from a registered medical practitioner verifying your condition
and outlining the type of support required during the assessment. Support may not be requested
on the day of the Assessment and is not a substitute for inadequate preparation.
Certified Director Handbook Reviewed January 2021 p.205.6 Certification
The candidate that has successfully completed both parts of the Certified Director
process will be recommended for certification to the Certification Committee.
Once the candidate has attained the Certified Director designation, she/he:
has their name listed on the Certified Director National Register on the IoDSA website;
is issued with a Certified Director pin,
is able to insert the PrivySeal into their email signature and on their websites;
is able to use the post-nominal on their business cards and in their email signature and
other correspondence; and
needs to maintain their status as Certified Director by complying with the CPD
requirements.
5.7 Use of Certified Director post-nominal
The certificate confers the candidate the right to append the letters “Certified Director®” or
“Cert.Dir®” after his or her name subject to the maintenance of the Certified Director status
requirements.
It is important that the letters and trademark be used correctly.
It is, however, important to note that should the Certified Director status be revoked, you are no
longer licenced to use it and it must be removed from all documents and business collateral with
immediate effect.
Business Cards
The post-nominal is used after the name on the business card. If you have more than one post-
nominal, it is displayed next to each other, separated by a comma.
Figure 4: Example of how to use the post-nominal on a business card
Certified Director Handbook Reviewed January 2021 p.21Email Signature
The post-nominal is used directly after the name on the email signature:
Figure 5: Example of how to use the post-nominal in an email signature
PrivySeal
The IoDSA encourages all Certified Director’s to register with
PrivySeal and use their PrivySeal in all their email and online profiles as
it increases clients’ awareness around the professional designations
the member holds and to provide real-time confirmation of a member’s standing with the
Institute
By using your PrivySeal in your communications, you make your key designations and ongoing
compliance highly visible. The PrivySeal also removes any possible doubt as to your professional
competence and assures those who deal with you that you can be trusted.
PrivySeals and linked Verification Certificates:
are always genuine, current and accessible, unlike paper-based certifications;
provide constantly updated information;
allow you to showcase your expertise and compliance; and
protect the public by distinguishing between real and bogus Certified Directors and
compliant and non-compliant Certified Directors.
Certified Director Handbook Reviewed January 2021 p.22How do I upload proof of my CPD activities on my IoDSA member record?
In order to upload proof of your CPD activities, you will need to log onto your profile on the
IoDSA website.
Now click on “Manage Profile”. You will land on the following page:
Scroll down to “Content & Features”. You will see the heading “Professional Development”.
Click on to start recording your CPD activity
Certified Director Handbook Reviewed January 2021 p.23ANNEXURES Certified Director Handbook Reviewed January 2021 p.24
25
Annexure A Certified Director pathway programmes
Part 1: Training and MCQs - Outline of the Director Development programmes
Programme Overview Key Focus Area Duration
Being a Director Part This one day programme is aimed Overview and evolution of corporate governance One full day
1: An introduction to at equipping aspiring and new Corporate Governance and Ethics (08h30-
Corporate governing body members with an The business case for corporate governance 16h00)
Governance overview of the principles and Governance models
concepts underpinning corporate Governance frameworks
governance. Governing body members and their duties
Other key governance role players
Being a Director Part This one day programme is aimed Ethics One full day
2: The governing at equipping aspiring and new Leadership, ethics and corporate citizenship (08h30-
body’s role in ethics, governing body members with an Stakeholder inclusivity 16h00)
strategy & understanding of their role in
performance and Ethics, Strategy & Performance Strategy and Performance
integrated reporting and Integrated Reporting. Considerations, drivers and process
Link to sustainable development
Certified Director Handbook Reviewed January 2021 p.2526
Programme Overview Key Focus Area Duration
Business case for sustainability
Engagement on and implementation of strategy
Integrated Reporting
Link to sustainability reporting and GRI reporting
Benefits of
Content elements
Capitals and value creation
Being a Director Part This one day programme is aimed Risk One full day
3: at equipping aspiring and new Understanding the board’s role in Risk (08h30-
The governing body’s governing body members with an Risk appetite and tolerance 16h00)
role in risk, understanding of their role in Risk, Risk role players
compliance, Compliance, Technology & Evolution of risk
technology & Information and Assurance. Risk management process
information and
assurance Compliance
Understanding the board’s role in Compliance
Certified Director Handbook Reviewed January 2021 p.2627
Programme Overview Key Focus Area Duration
Technology & information
Understanding the board’s role in Technology &
Information
Assurance
Understanding the board’s role in Assurance
Being a Director Part This one day programme is aimed Governing body effectiveness One full day
4: at equipping aspiring and new Composition of governing bodies (08h30-
Increasing governing governing body members with the Remuneration of members of governing bodies 16h00)
body effectiveness knowledge of how effective Meeting procedures
and adding value governing bodies should operate. Committees of the governing body
Evaluation of the governing body
Delegation to management
Certified Director Handbook Reviewed January 2021 p.2728
Programme Overview Key Focus Area Duration
Being a Director Part This one-day board simulation is Key issues that directors need to identify in board One full day
5: aimed at equipping prospective meetings (08h30-
Boardroom theory and newly appointed directors for Verbal and non-verbal communication in board 13h30)
into practice board meetings and challenges meetings
that may be faced within the Ethical behaviour
boardroom. The simulation will Financial skills
demonstrate the application of Findings and reflection on running effective
learnings from Being a Director board meetings
Part 1-4. Application of basic governance practices
Governance of Ethics* This half-day programme is aimed The role of leadership in governing ethics Half-day
(in collaboration with at equipping aspiring and new performance (08h30-
The Ethics Institute) directors with the knowledge on Ethics governance structures 12h00)
the Aspects of effective ethics management
importance of good governance. A Ethics risk assessment
company’s ethics strategy will be Ethics strategy
explored, there will also be a focus Codes and policies
on implementing ethical standards. Internal and external ethics reporting
Being ethical "when nobody is looking”
Certified Director Handbook Reviewed January 2021 p.2829
Programme Overview Key Focus Area Duration
Financial insights for This session is designed to assist Our responsibility as a director with regard to the One full day
non-financial directors that do not have a financial statements (08h30-
directors* financial background to a well- The conceptual framework - 16h00)
grounded understanding of the * Objectives
financial concepts that underpin * Assumptions
the preparation and presentation * Characteristics
of financial statements. The * Elements of financial statements
session specifically focuses on Understanding the various components of
analysing and interpreting the financial statements, namely the income
financial information presented to statement, balance sheet, cash flow statement
directors, and the financial accounting policy and other notes
statements in particular, in order The requirements of certain accounting
to assess the company’s financial standards that directors should be aware of
position, performance and cash Ratio analysis - who is to relate the various
flow. components of the financial statements with
each other
This session is not designed for Interpretation of financial ratios through a case
delegates with in-depth financial study
qualifications or experience.
Certified Director Handbook Reviewed January 2021 p.2930
Programme Overview Key Focus Area Duration
Online Multiple Choice Online MCQ’s for the following More details: Estimated at 1
Questions (MCQ’s) modules will be available for The MCQ’s are completed online, once the module hour per
completion: has been paid for the delegate will receive their login module
Module 1: Being a Director details to complete the MCQ’s via the online portal.
Part 1 MCQ’s can be accessed through the internet from
Module 2: Being a Director any location.
Part 2
Module 3: Being a Director A pass rate of 70% is required in order to obtain
Part 3 your certificate of completion for each module.
Module 4: Being a Director
Part 4
Module 5: Governance of
Ethics*
Module 6: Financial insights
for non-financial directors*
These modules will assess your
knowledge gained through the face
to face programmes attended.
Certified Director Handbook Reviewed January 2021 p.3031 Certified Director Handbook Reviewed January 2021 p.31
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