The role of Chartered Accountants who act as non-executive directors
On this page members of the Corporate Governance Community can find more information on the role of chartered accountants who act as non-executive directors
Non executive directors
Find out more about the role and responsibilities of a non-executive director
Need to know
In this section
Articles and features
Taking on the role of ‘Non-Executive Director’… boards do need You!
The role of the Non-Executive Director (‘NED’) can be both challenging and rewarding, but it is important to know what you are getting into.
Venture capitalists ready to support high-growth businesses
Dr Keith Arundale, Senior Visiting Fellow at the International Capital Market Association Centre and Non-Executive Director of Henley Business Angels, considers the prospects for venture capital firms
Why boards need to address the generation gap
As many governments have taken action to improve the gender diversity on boards, James McMillan, a Non-Executive Director of the Stockport Credit Union, believes that more needs to be done to attract younger people to these roles.
An interview with a NFL participant and their mentor
In this case study, Andrew Haven, Vice President - Equity Propriety Trading at Deutsche Bank gives his account on why he enrolled on NFL. His NFL Mentor, Philip Gregory, Independent Non-Executive Director at Hansard Global, also shares how he helped Andrew.
Guidance
Digital learning materials: A guide for all ICAEW students
Guidance on how to use ICAEW digital learning matierials.
10 questions NEDs should be asking about LIBOR transition
ICAEW’s Financial Services Faculty highlight 10 questions non-executive directors can ask to build a robust conversation around how their business is responding to the change. Therefore, the imminent change to LIBOR and its replacement with overnight rates will be far-reaching.
Answering questions from "The changing landscape of job hunting" webinar
Neil French and Dawn White answer questions raised in the recent webinar.
Avoiding information overload: banking
In our 2019 report Information overload: effective boards and committees in financial services we outlined what executives, management and non-executives can do to make board meetings and board packs more effective.
Webinars and other recordings
NED webinar series: Part VII - Good governance in the public sector and the role of accountants acting as NEDs – an international perspective
International perspective: Gain key insights into the role of good governance in the public sector and how you could contribute to that acting as a NED.
NED Series Part II - What does a Permanent Secretary in central government get from a NED
The purpose of this webinar is to hear directly from a permanent secretary and from a chartered accountant NED about their experiences about working with a NED and acting as a NED.
NEDs Part I - The appointments process demystified
Hear from the government teams about the public sector appointments process and get a better understanding of what the process involves and what skills a typical role might be looking for.
Thriving as a NED during the Covid 19 crisis
In this challenging time, good governance is more important than ever and the role of the non-executive director is a key part of that. This webinar explores the unique opportunities Covid-19 presents for NEDs.
Disclaimer: The opinions expressed by external guest speakers in interviews or other publications included on this website are, by their nature, those of the speaker. They are not necessarily fully endorsed by the ICAEW or purport to reflect the official policies and views of the ICAEW or its members.
Bloomsbury Core Accounting and Tax Service
Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising more than 60 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Core Accounting and Tax Service.
Do non-executive directors add value?
Chapter on the uniqueness of the non-executive director’s role and its impact on company performance.
The effective board
A chapter analysing what makes boards effective, including achieving boardroom diversity and the role of board reviews.
Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the Acceptable usage terms.
Ebooks
The Library & Information Service provides a collection of eBooks as a benefit of membership. Please note that ICSA publications are only available to ICAEW members and ACA students. Please log in to access these titles. If you are unable to access an eBook, please see our Help and support or contact library@icaew.com
Accounting principles for non-executive directors
Explains the key elements of a listed company's annual report and accounts.
Director's guide (5th edition)
The ICSA Director's Guide explains all the core duties and liabilities of being a director from appointment to resignation, including disclosures, shareholder relations and corporate governance.
Employment and self-employment
This chapter outlines UK employment taxation as it functions in the UK, with particular relevance to small businesses. It includes sections on the definition of self-employment, agency workers, non-executive directors (NEDs), national insurance contributions and the taxation of intermediaries.
Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.
Industry press
The Library & Information Service provides a collection of articles as a benefit of membership. Please log in to view these articles. If you are unable to access the articles, please see our Help and support page or contact library@icaew.com.
How to.. become a non-executive director
The article discusses role of a non-executive director to companies. Topics discussed include advantage of experience and independence of mind to challenge and improve the governance or direction of the business
Why law firms need non-executive directors
Patrick McKenna explains why NEDs can provide any law firm with a number of benefits.
Performance effects of appointing other firms executive directors
This paper studies the effect on company performance of appointing non-executive directors that are also executive directors in other firms.
5 ways to... get the most out of non-execs
Experienced NED Gerry Brown offers advice on how companies can best utilise their non-executive directors. Here's five areas NEDs should be focusing on.
Terms of use: You are permitted to access articles subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.
Useful links
The non executive director role
CIPD factsheet on the role, responsibilities and duties of a non-executive director, plus the liabilities a NED is likely to face. Requires free registration to view.
Sample non-executive director’s appointment letter
Revised guidance note from the Institute of Chartered Secretaries and Administrators (ICSA), which provides an initial checklist of elements a company may wish to cover in its non-executive director appointment letters. It has been updated to reflect the 2018 versions of the UK Corporate Governance Code and Guidance on Board Effectiveness.
What is the role of the non-executive director?
Guidance on the role of the non-executive director published by the Institute of Directors. Further publications on Corporate Governanceare available from their website.
UK Corporate Governance Code
An updated version of the UK Corporate Governance Code was published by the FRC in July 2018. The new Code applies to accounting periods beginning on or after 1 January 2019. The role of non executives is referred to throughout.
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