Course Details

B0426
Bus.Ops

 

How "Directors' and Officers' Duties" should impact the actions of every Manager and Supervisor every day

All

Key Topics:

·         What is the definition of a company Director & Company Officer

·         Who are the Directors and Officers of a company

·         What is the role of a Director

·         Who should be responsible for ensuring compliance

·         The core Directors duties, their meaning and what you should be aware of:

-      Duty to the company

-      Act in Good Faith

-      Act with Care and Diligence

-      Manage Conflicts of Interest

-      Insolvency requirements

·         How Directors duties impacts the management team

·         When does personal liability become enforceable

·         Breaches of Directors Duties – Penalties, consequences and your responsibilities

·         Deeds of Indemnity, Access and Insurance

Learning outcomes:

Participants will gain a fundamental understanding of Director’s duties, and how they impact the organisation. 

The participant will be able to:

-        Communicate Directors requirements to all relevant stakeholders within their organisation

-        Ensure systems and processes are in place to ensure compliance