Director Training and Certification Program Offered at UCLA Anderson School of Management

    LOS ANGELES, May 11 /PRNewswire/ -- The UCLA Anderson School of Management
 and the Office of Executive Education Programs hosted the Seventh and Eighth
 Director Training & and Certification Programs for directors of private and
 public companies on May 12-14, 2004.  This extensive program will again be
 offered October 20-22, 2004, at UCLA Anderson School.
     Conducted through the Harold Price Center for Entrepreneurial Studies at
 UCLA Anderson, this intensive three-day director-level program rapidly
 educates corporate directors and senior executives on Securities and Exchange
 Commission (SEC) regulations, Exchange rules, Financial Accounting Standards
 Board (FASB) guidelines, best board practices and the latest pronouncements
 concerning the Sarbanes-Oxley legislation.
     "This program was the first and may still be the only program in the US
 giving an entrance exam and a rigorous exit exam to corporate directors and
 officers seeking certification," offered Duke K. Bristow, Ph.D., an Economist
 at UCLA Anderson School and Program Chairman for the Director Training and
 Certification Program.  Dr. Bristow added, "While there are many excellent
 director programs in the US our D&Os tend to be ones that want an examination
 to demonstrate that they have mastered the material and concepts underpining
 great governance."
     The program consisted of three board committee modules held before the
 Opening Reception and Director's Networking Dinner on May 12th.  The board
 committee modules and two-day intensive director-level educational events were
 sponsored by the Nasdaq Stock Market, the National Venture Capital Association
 (NVCA), American Entrepreneurs for Economic Growth (AEEG), AIG, Clifford
 Chance US LLP, Ernst & Young LLP, Gray Cary Ware & Freidenrich LLP, Latham &
 Watkins LLP, Marsh Inc., Morgan Lewis & Bockius LLP, and Sibson Consulting.
     Over the course of three days, world-class subject matter experts on each
 of a dozen board-level issues shared insights, state-of-the-art practices and
 lessons learned.
     This year the program focused on important issues facing Directors and
 officers -- what is working and what is not working with corporate boards,
 audit committees, securities laws, shareholder actions, exchange rules, D&O
 liabilities/policies, fiduciary duties, obtaining liquidity, and equity
 issuance.
     The Director Training and Certification Program at UCLA Anderson School
 was developed for directors and executive officers of established, newly
 public companies and leading private firms who seek a world-class corporate
 governance environment for their organizations.  The program also benefits
 venture capital partners and corporate officers who work closely with their
 boards.
 
      Program topics include:
      *  Building and Leveraging an Effective Board of Directors
      *  SEC Considerations for Directors
      *  Sarbanes-Oxley: Does it Matter?
      *  Disclosure Issues in a Challenging Environment
      *  D & O Insurance: What Directors Need to Know
      *  Creative Accounting
      *  Building and Leveraging an Effective Board of Directors
 
     This year's programs feature stand-alone modules focused on the special
 needs of Audit, Compensation, Governance and Nominating Committee members.
 For more information on the Director Training and Certification Program and
 the three new committee modules, please visit http://www.directors.org.
 
     About UCLA Anderson School of Management
     UCLA Anderson School of Management is perennially ranked among the top-
 tier business schools in the world.  Award-winning faculty renowned for their
 research and teaching, highly selective admissions, successful alumni and
 world-class facilities combine to provide an extraordinary learning
 environment.  Established in 1935, UCLA Anderson provides management education
 to more than 1,400 students enrolled in full-time, part-time and executive MBA
 programs and doctoral programs.
     UCLA Anderson's faculty includes outstanding educators and researchers who
 share their scholarship and expertise in such fundamental areas as finance,
 marketing, accounting, business economics, decision sciences, operations and
 technology management, human resources and organizational behavior,
 information systems, strategy and policy.
     Recognizing that the school offers unparalleled expertise in management
 education, the world's business community turns to UCLA Anderson School of
 Management as a center of influence for the ideas, innovations, strategies and
 talent that will shape the future.
 
 

SOURCE  UCLA Anderson School of Management