ICAEW publishes a guide to directors’ responsibilities
30 Nov, 2018
The Institute of Chartered Accountants in England and Wales (ICAEW) has published a guide to directors’ responsibilities.
The guide, which is written for directors of private companies limited by shares with more than one director, provides an overview of directors' responsibilities and duties, including on internal governance, transactions between a company and its directors or shareholders, and corporate administration. It also covers responsibilities in relation to insolvent or financially challenged companies, as well as penalties for breach of directors' responsibilities.
The guide is available on the ICAEW website.