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The Role and Responsibilities of Company Directors

WHO SHOULD ATTEND

Directors, or those hoping to move into directorship or executive management. The course will also be suitable for directors who want a refresher in company day-to-day official business or are new to this role.

Learning Objectives

If you are a ‘Company Director’ or have the title of Director within an organisation, this course will bring clarity to the roles and responsibilities of the position, focusing on the company and the public appointment and termination of officers of the company.

This one-day course is a highly interactive course which also includes many practical tips throughout.

Course Content

  • Different types of director
  • What does it mean to be an Officer of the Company?
  • Duties, legal responsibilities and governance
  • What to expect from the finance function
  • The “fit and proper” concept – competence and integrity requirements of directors
  • Directors’ responsibilities for internal financial control and risk management and the role of the Audit Committee
  • Introduction and understanding accounting concepts, including the Companies Act and Accounting Standards
  • The seven general duties specified by the Companies Act
  • Board Meetings and duties
  • Information that must be made available
  • Appointment and termination
  • Conflicts of interest and third party benefits
  • The Bribery Act 2010 – directors’ responsibilities , the new offence of “failure to prevent” and implications for corporate criminal liability
  • Company Secretary and Directors
  • Companies House filings
  • Articles of Association – construction and importance
  • Disclosures and the consequences of failing to notify
  • Insolvency obligations
  • Rights of shareholders

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