Board of Directors Training and Certification

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 29, 2009 -- The International Association of Potential, New and Sitting Members of the Board of Directors is offering two distance learning and online certification programs.

1. Certified Member of the Board of Directors (CMBD)

The Cost:
US$ 997

What is included in this price:


A. The official presentations we use in our instructor-led classes (1400 slides)

We will send you:

A1. Governance, Risk, Compliance and the role of the Board of Directors - 150 slides

A2. The Sarbanes Oxley Act and the responsibilities of the Board of Directors - 250 slides

A3. Understanding the European Union: What every Board must know (European Union - 500 million people, unique legal and regulatory environment) - 150 slides

A4. Understanding the European Sarbanes Oxley - the 8th Company Law Directive, the Market Abuse Directive and the Transparency Directive of the European Union - 350 slides

A5. The Basel ii Accord and the new international standards in credit, market and operational risk. After the current market crisis, the Basel ii rules become more important - 500 slides

B. Up to 3 Online Exams
You have to pass one exam. If you fail, you must study the official presentations and try again, but you do not need to spend money. Up to 3 exams are included in the price.

To learn more you may visit:
www.members-of-the-board-association.com/IAMBD_Certification_Steps.pdf


C. Personalized Membership Certificate printed in full colour.
Processing, printing, packing and posting to your office or home.



2.Certified Member of the Risk Committee of the Board of Directors (CMRBD)

The Cost:
US$ 997

What is included in this price:

A. The official presentations we use in our instructor-led classes (760 slides)

We will send you:
A1. The Risk Committee of the Board of Directors: The risk and compliance management challenges around the world - 200 slides

A2. The Sarbanes Oxley Implementation: What you have to know about the Auditing Standards of the Public Company Accounting Oversight Board - 110 slides

A3. Understanding the Frameworks for Risk and Compliance Management: COSO and COSO ERM - 110 slides

A4. Understanding the Frameworks for Risk and Compliance Management: COBIT - 200 slides

A5. Stress testing: The best practice and the international standard - 50 slides

A6. Information Security, Network Security and Computer Security Awareness - 90 slides


B. Up to 3 Online Exams
You have to pass one exam. If you fail, you must study the official presentations and try again, but you do not need to spend money. Up to 3 exams are included in the price.

To learn more you may visit:

www.members-of-the-board-association.com/IAMBD_Certification_Steps.pdf


C. Personalized Membership Certificate printed in full colour.
Processing, printing, packing and posting to your office or home.


Frequently Asked Questions

1. How comprehensive are the slides? Are they just bullet points?

Answer: The slides are not just bullet points, you can read them, understand and learn. But, they are not a book. These are the official slides we use in our instructor led classes.


2. Do I need to buy books to pass the exam?

Answer: No. If you study the slides carefully, you can pass the exam. If you fail the first time, it is not a failure, it is an opportunity to study more. Print the slides and use Post-it to attach notes like "COSO" "Operational Risk" etc. to know where to find the answer of the material you do not remember.


3. Is it an open book exam? Why?

Answer: Yes, it is an open book exam. Risk and compliance management is not something you have to memorize, it is something you have to understand.


4. Do I have to sit for the exam soon after receiving the presentations?

Answer: No. You can sit for the exam from your office or home any time in the future. We will create an online account that never expires.

5. Do I have to spend more money in the future to remain certified? Does the certification lose its value after some time?

Answer: No. Your certificate never expires. It will be valid without the need to spend money or to sit for another exam in the future.


6. Ok, the certificate never expires, but things change...

Answer: If a university degree never expires, why should our certificate expire? Yes, things change, and exactly this is the reason you need to become a member of the Association. Membership is free. You will receive a monthly newsletter with updates, alerts and opportunities to remain current. There is no cost for that.

7. How many hours do I need to study in order to pass the exam?

Answer: It depends on your knowledge and experience. You must study the presentations carefully. You must go through the slides another time, and ensure you have learned the details. It will take 30 - 50 hours.


8. I want to learn more about the online exam.

Answer: You will be given 90 minutes to complete a 35 question multiple-choice exam. You must score 70% or higher.


9. Why should I be certified?

Answer: After the failures of so many organizations during the current market crisis, and the risk that shareholders may sue senior management and the board of directors for gross negligence, there is a need for a much better understanding in risk and compliance management.

Organizations need assurance that the board has the knowledge and skills to mitigate risks and to accept more responsibility. Supervisors and auditors ask for independent evidence that the board is exercising oversight.
It is important to be certified and to belong to professional associations. You prove that you are somebody who cares, learns, and belongs to a global community of professionals.


11. Why should I choose your certification program?

Answer: It is always wise to investigate first. You may search for other programs first.

If you choose our distance learning and online certification program:
1. You receive the training material (the official presentations of the instructor-led class).
2. You can pass the exam. There are 3 exams that are included in the price, so you do not have to pay again if you fail.
3. You do not need to spend money or to sit for another exam again in the future to remain certified.
Your certificate never expires.
4. You become member to the Association and receive monthly updates, news and alerts.
5. You become known to 15+ of the best headhunters of the world, as they add all certified professionals in their database.

12. I have more questions.

Answer: You will find more at: www.members-of-the-board-association.com/IAMBD_Certification_Steps.pdf


13. I have questions and I did not find the answers.

Answer: This is good, it means that you are really interested in this certification program. You may send an email Lyn Spooner or George Lekatis. They will email you the answers, so you will have a clear written answer to your questions

Lyn Spooner - Email: lyn@members-of-the-board-association.com or

George Lekatis - Email: lekatis@members-of-the-board-association.com

To learn more:
www.members-of-the-board-association.com/Distance_Learning_and_Certification.htm

More information can be found online at http://www.members-of-the-board-association.com/Distance_Learning_and_Certification.htm

Board development     board of directors development     board of directors training     board training