Focus on Finance

Engage in stimulating conversation revolving around finance.

  • 220 Papua New Guinean kina
  • Grand Papua Hotel

Service Description

Companies around the globe have been working to create high-performance boards made up of directors with diverse backgrounds, not necessarily in finance. However, since accounting and finance drive a significant portion of the strategic decisions that boards make, directors need, and are expected to have, a strong grip on finance and accounting to be effective. Directors who are well versed in finance are better able to understand what drives a company’s performance, obtain the most from its value drivers and foresee the likely strategic outcomes of board decisions. They also find it easier to resist management fads such as financial and accounting engineering and excessive borrowing as well as avoiding M&A pitfalls that could destroy the company’s value. Instead, they are better equipped to make wise decisions that create long-term value. Join us as we discuss the essential skills directors need to possess and how the IDAPNG can assist in the acquisition of said skills over high tea on the 15th Floor at the Grand Papua Hotel. Guest speaker: David McCosker

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