This know-how guide for directors is intended to reassure directors that they have identified all relevant considerations for themselves and for their companies, covering internal governance, transactions between a company and its directors or shareholders, and corporate administration. It also covers directors’ responsibilities in relation to insolvent or financially challenged companies.
Directors are responsible for assessing whether the business is a going concern, ie, whether it can continue for the foreseeable future. Our guidance outlines directors responsibilities in relation to going concern and for the viability of the business more broadly. Our guidance also offers practical advice on strategic finance and resilience planning.For further resources, visit our directors’ duties hub.
This know-how guide for directors highlights the variety of sanctions for breach of their duties.
This know-how guide explains why it’s important to assess the viability of your business for the purposes of your accounts and outline some factors to consider when making this assessment.
This know-how guide provides an overview of the various laws that directors need to consider in determining whether they can lawfully, or ought to, pay a dividend. It explains that they are not limited to laws based on the balance of realised profits in the latest set of accounts.
This know-how guide shares practical guidance for directors on the importance of whistleblowing during the continually evolving COVID-19 crisis.
This guide provides insight on how directors could start using social media to engage with all stakeholders and yield benefits. Social media attracts an enormous number of users, including company employees, suppliers, and existing and new customers.
This know-how guide outlines why appointing an employee director and directors’ use of social media have particular relevance during COVID-19.
Turnaround specialist Dr Philip Smith and Rick Payne from ICAEW’s Business and Management Faculty share their thoughts on how CFOs can help their organisations emerge from the coronavirus pandemic.