Often individuals accept appointment as a company director without completely understanding of the duties the role involves. Such ignorance can be costly, because the penalties on a director for failing to meet their responsibilities can be severe.
This briefing is designed to be a general guide to the potential pitfalls you face as a company director and how to avoid them. By its very nature, this booklet cannot be comprehensive, but it does highlight the main areas of risk and where advice is necessary.Last Updated
Contents
Directors responsibilities
Directors responsibilities
- 01: Introduction
- 02: Are you a director?
- 03: Common law and statutory duties of directors
- 04: Accounting responsibilities
- 05: Financial responsibilities
- 06: Corporate governance
- 07: Liability
- 08: Responsibility under insolvency legislation
- 09: Protective action
- 10: Disqualification
- 11: How we can help
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Directors responsibilities
