The Companies Act 2006

• • Thursday 18 March 2010 14:00 - 17:30
    Angel Hotel, 37 High Street, Market Harborough, LE16 7AF (map)
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Do we know what’s changed? How does it affect us?

The Companies Act 2006 has been said to be the most radical rethink of company law since the 19th century, is it? The Act received Royal Assent in November 2006, but the final group of provisions came into force only on 1 October 2009.

Why you should attend

The course will:

• cover all the major areas of change introduced by the Companies Act 2006, and the dates from which they are effective. 
• Explain why they have happened.
• Consider their effect on the day-to-day running of a company.

Who will benefit:
Everyone who works in a company or deals with companies and who is therefore affected in some way by company law and by the changes made in the 2006 Act.

David Duvall MA, FCA, Training Manager, Chantrey Vellacott DFK, will guide delegates through: 

• The reasons for change. 
• The government’s objectives in reforming company law: enhancing value for shareholders; the need to ‘think small first`; making it easier to set up and run a company; flexibility for the future. 
• Starting a company: incorporation and formation of a company; memorandum and articles; raising capital – shares and debentures; written resolutions and the exemptions for removal of an auditor or director. 
• Running a company: directors – appointment and vacation of office; directors’ duties, and controlling a breach of duty; indemnity to cover directors’ liabilities; meetings and resolutions; minority protection; capital – maintenance of capital and protection of members and creditors; meeting appropriate professional standards. 
• Accounts: updated requirements of the Companies Act 2006. 
• Audit: audit threshold; links with International Auditing Standards; updated requirements of the Companies Act 2006; auditors’ liability