Displaying 1-34 of 34 results
No limit to the liability of company directors
- Aug 2024
- ICAEW Insights
Personal liability to the tune of £18m is the sobering outcome in a case against two former directors of BHS.
IoD code of conduct for directors needs teeth, ICAEW warns
- Jun 2024
- ICAEW Insights
ICAEW expresses concerns about the effectiveness of a voluntary code with no enforcement mechanism or register of signatories.
IAASB and IESBA seek candidates for board roles
- Jan 2024
- ICAEW Insights
The International Auditing and Assurance Standards Board and the International Ethics Standards Board for Accountants are looking for skilled applicants to fill board appointments.
Eyes wide open - directorship pitfalls
- Jun 2023
- Bloomsbury Professional Online
Mark McLaughlin, from the Bloomsbury Accounting and Tax Service, highlights the salutary tale of an accountant who accepted the role of company director in another individual’s business but later regretted it.
The role of boards in managing risk
- Feb 2023
- ICAEW Insights
The raft of risks facing a business are more complex, interrelated, and fast-moving than ever before. Good risk management, therefore, is key to helping organisations thrive – not just survive. We examine how boards can help their organisations manage risk more effectively and foster resilience in such uncertain times.
CHARITY COMMUNITY
The 10 distinct roles of the board member
- Feb 2023
- Stephen Cahill
- Charity Community Newsletter
What is the role of a charity trustee? There are at least several roles or archetypes that every board member will (or should!) encounter on their journey.
Supreme Court ruling clarifies creditor duty
- Oct 2022
- ICAEW Insights
Call for company directors’ creditor-duty claim to be implemented at first risk of insolvency is rejected by UK Supreme Court
Companies House campaign highlights directors’ responsibilities
- Sep 2022
- ICAEW Insights
A new campaign aims to educate company directors on their duties and responsibilities as the filing deadline approaches.
Ensuring the Section 172 statement is actually used
- Dec 2021
- ICAEW Insights
While the Section 172 statement is almost three years old, a lot of work remains to ensure it provides decision-useful information for stakeholders and guarantee its original aim of enhancing trust is met.
HMRC’s power to issue joint and several liability notices explained
- Dec 2021
- ICAEW
HMRC can issue notices to transfer tax liabilities of companies and limited liability partnerships to directors, shadow directors and other individuals connected with managing the business
Bridging the gap: the value of Section 172 statements
- Jul 2021
- ICAEW Insights
What information investors want to see in relation to reporting on stakeholders, and how key decisions take their perspectives into account, has been clarified by the FRC’s FR Lab. Its report highlights the value of the Section 172 statement.
Exclusive
CORPORATE GOVERNANCE COMMUNITY
Restoring trust in audit and corporate governance: what does the BEIS White Paper mean for company directors?
- May 2021
- Corporate Governance Community
A key dimension of the reform package is the wider impact it will have on boards and company directors.
BUSINESS AND MANAGEMENT FACULTY
Assessing the impact of COVID-19 on business strategy for company boards
- Feb 2021
- Business and Management Faculty
How do you assess the full impact of COVID on your business? ICAEW’s six questions for company boards suggest what you should consider. Make sure you’re prepared for 2020 and 2021 year-end reporting.
The small practice approach to the future of audit
- Jan 2021
- ICAEW
29 January 2021: Barry Au moved from big firm audit into a director role at small practice Wisteria Accountants. He explains how collaboration, technology and how audit can contribute to the greater good, as part of a series of articles based on themes from ICAEW’s Audit Manifesto.
How to improve your s172 statement
- Jan 2021
- Financial Reporting Faculty
22 January 2021: ICAEW’s Financial Reporting Faculty reflects on what preparers of large companies’ reports can do to make their Section 172 statements more meaningful and wide-reaching in the upcoming financial reporting period.
Exclusive
Uncertain times
- Jan 2021
- Phil Fitz-Gerald
- By All Accounts
Outlining key findings from the Financial Reporting Lab's reports on reporting in times of uncertainty and s172 disclosures.
Exclusive
Women’s journey to the board as finance professionals
- Dec 2020
- ICAEW Insights
In November 2020, ICAEW collaborated with The British Chamber of Commerce in Hong Kong to co-host a webinar with over a hundred attendees
Exclusive
CORPORATE GOVERNANCE COMMUNITY
Update on EU Directors duties
- Oct 2020
- Bea Araujo, Jo Hewitt, Josephine Lynch
- Corporate Governance Community Newsletter
The EU picks up on the shareholder primacy v stakeholder capitalism debate
What role can board members play in the recovery?
- Sep 2020
- Tim Stafford
- Quarterly
We talk to three experienced board members in the US, Europe and Asia about COVID-19, and their predictions for the future. Interviews by Tim Stafford.
CORPORATE GOVERNANCE COMMUNITY
New tools for directors of financial distressed companies
- Jul 2020
- Priyanka Usmani
- Corporate Governance Community Newsletter
A focus on the Moratorium and Restructuring Plan introduced by the Corporate Insolvency and Governance Act 2020.
Exclusive
Sustainable corporate governance and socially responsible investors
- Jul 2020
- Carlos Torneros
- Investment Management Focus
Carlos Torneros looks at how sustainable corporate governance evolved up to the present day.
Co-ordinated s172(1) reporting
- Jun 2020
- Mei Ashelford
- By All Accounts
Good reporting starts with good content, gathered from sources right across the business.
Exclusive
SME directors: making the most of virtual board meetings
- May 2020
- Clive Bawden
28 May 2020: with boards of SMEs and charities facing the prospect of meeting virtually for months, perhaps years, Clive Bawden offers practical tips for members to make virtual board meetings a success.
Exclusive
CORPORATE GOVERNANCE COMMUNITY
The stakeholder imperative: an urgent priority for boards
- May 2020
- Hanif Barma
- Corporate Governance Community Newsletter
How have boards responded to the ongoing coronavirus crisis in light of the wide range of stakeholders they have to consider, and what should they be doing to plan for the future?
Exclusive
CORPORATE GOVERNANCE COMMUNITY
Section 172 Revisited: will directors need to take a radical new approach to compliance?
- Dec 2018
- Beatriz Araujo, Jo Hewitt, Laura Bentham
- Corporate Governance Community Newsletter
Many will be familiar with the duty in s172 of the Companies Act 2006 which requires directors of UK companies to consider the principle of "enlightened shareholder value" when making decisions.
Exclusive
CORPORATE GOVERNANCE COMMUNITY
Directors' duties in the zone of insolvency
- Feb 2018
- Ian Jack, Geoff O'Dea
- Corporate Governance Community Newsletter
This article looks at the principles that divide culpability and responsibility and how the directors should address potential liability.
CORPORATE GOVERNANCE COMMUNITY
Corporate Governance in a multi-national organisation
- Sep 2017
- Beatriz Araujo, Joanna Hewitt, Isabel Carty
- Corporate Governance Community Newsletter
A practical look at the questions NEDs operating in multi-national organisations should be asking about how decisions are made and how authority is delegated at the subsidiary level.
Exclusive
CORPORATE GOVERNANCE COMMUNITY
Shadow directors must face up to risks
- Sep 2017
- David Parsley
- Corporate Governance Community Newsletter
The UK government has signalled its intention to crack down on the roles played by shadow or de facto directors in companies under investigation. David Parsley discusses the risks involved in those making board level decisions while not being a formal director of an organisation.
BUSINESS LAW
Other changes to company law
- Mar 2016
- Business Law
SBEE introduced other significant changes to company law, with the following implementation dates.
Exclusive
BUSINESS DEPARTMENT
The dangers of acting as a de facto or shadow director
- Jul 2015
- Business Department
This article identifies the vulnerabilities for ICAEW members who act as a shadow or de-facto director.
Exclusive
Excess remuneration
- Jun 2015
- Andrew Strickland
- Valuation Community Newsletter
Section 994 Companies Act 2006 deals with conduct that is prejudicial to one or more shareholders. A relatively unusual circumstance for it is a claim that shareholders involved in management have been awarding themselves excessive remuneration.
Getting women on boards
- Mar 2015
- Helen Roxburgh
- Economia
Helen Roxburgh looks at its merits, and which countries are doing it best
Companies Act 2006: issues for the FD
- Sep 2007
- Kathryn Cearns | Carol Shutkever
- Business and Management
Although the Companies Act 2006 (2006 Act) will impact on all aspects of corporate governance and reporting, below we focus on the principal areas which will be of interest to finance directors.
BUSINESS LAW
Companies Act 2006: a summary
- Feb 2007
- Liz Coles
- Business and Management
After much widely publicised controversy over some of its key provisions, the Companies Act (originally the Company Law Reform Bill) was finally passed by parliament on 8 November 2006.
Displaying 1-34 of 34 results