This overview explains in simple terms who does what in the financial reporting system for UK companies with full main market listings, providing context for the current inquiry into audit, including the Brydon, Kingman, CMA and BEIS reviews.
Non-executive directors guidance
Guidance and reports from the ICAEW on the role and responsibilities of a non-executive
This report provides practical recommendations to improve the provision of information in board packs within financial services.
ICAEW provides practical recommendations to reduce the size of board packs and make them more effective for boards. Our proposals will enable board chairs, management, executives and non-executives to improve their own papers, ensure that responsibilities are clearly defined and make sure that non-executives do not have to deal with information overload. The proposals we provide work in the context of three overarching principles.
Directors have seven general duties under the Companies Act 2006.
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
Helpsheet outlining the background to the development of the wrongful trading charge; explains the basic principles established by court action; and identifies those who may be liable in the event of a company insolvency.
Letter of appointment
This helpsheet considers the principles concerning letters of appointment for NEDs of UK companies and other incorporated bodies. It is written for members who are contemplating taking up such an appointment.
Aimed at non-executive directors who must exercise independent judgement.
Report reviewing commonly held views and practices among shareholder activists and related groups of actors.
This publication presents the views of a sample of members of ICAEW on a range of issues relating to the external financial audit (a survey was carried out in late 2000).