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The Company Director's Role and Liabilities

What you must know to fulfil your role and duties as a Company Director.
As a Company Director, your responsibilities and legal obligations are critical – you owe it to yourself and your company to be adequately informed. Improve and update your knowledge in just 6 modules over 6 weeks.

There are no future dates for this course at present. However you can still take the course by receiving all the modules together and working through them in your own time, and at your own pace. For more details please contact us.

Course overview

Why you should choose ‘The Company Director’s Role and Liabilities’ distance learning course?

As a company director, you’re in the firing line.

Your personal exposure is growing all the time. The maze of legislation is getting denser with the implementation of the Companies Act 2006 and incurring penalties is a real possibility. There are now over 200 offences under company law, which can lead to company directors being fined – in serious cases a custodial sentence can result. It’s the shareholders’ liability, which is limited, not the directors’.

Finding the time to stay properly up-to-speed must sometimes seem impossible. However, there is a sensible way to get-to-grips with what you need to know without making life intolerable.
Falconbury have designed this course to give you expert, practical guidance on the duties, rights and obligations of this important role – all in just six modules.

What this distance learning course offers you:

1 FLEXIBILITY – learning at a pace and place of your own choosing
2 WELL-DESIGNED programme focused on practical relevance
3 MANAGEABLE weekly instalments and self-aid progress questions
4 NO NEED for time away from the office
5 REDUCED expenditure – no hotel or travel fees
6 ENJOY the flexibility of studying at work, home or on the move
7 ACCESS to professional advisors and authors of the course

This course will benefit you if:

  • You are a company director in any sort of organisation, small, medium or large
  • Or are part of the senior legal, accounting and administration support staff
  • Need to know what the law means and what you need to do
  • Want to minimise your risk of non-compliance with the law

Course modules

MODULE 1 GENERAL PRINCIPLES

  • Personal Liability
  • Companies Act 2006 implementation schedule
  • Defining the nature of Directors and their role
  • Defining the term
  • How did we get here?
  • What is a company
  • Appointment
  • Appraisal
  • Joining the throng
  • What is a Director?
  • A Director’s exposure
  • Aims and purpose
  • Rolling out the message
  • The variety of types of Directors and their responsibilities
  • A director is a director
  • Courtesy titles
  • Director’s expectations
  • Appointment and status
  • Eligibility for appointment
  • Appointment of a Director
  • Notification of interests
  • Status – officer or officer and employee?
  • The service contract
  • The twin relationship

MODULE 2 BOARD MEETINGSMAKING THEM EFFECTIVE

  • Procedures for effective board meetings
  • Determining the aims of board meetings
  • Dynamic agendas
  • Timetable and aims
  • Interested parties
  • The effective meeting
  • The chairman and secretary
  • Key players
  • General responsibilities of the Chairman
  • Progressing the meeting
  • Controlling the members
  • Motivating members
  • The role of the Company Secretary
  • Before and at board meetings
  • Preparation for and administration of board meetings
  • Preparing effective reports
  • Planning
  • Appointing subcommittees
  • Minutes – example and usage
  • Board meeting minutes

MODULE 3 AUDITORS, AGM’S AND SHAREHOLDERS

  • Access, authorities and auditors
  • General requirements to create and protect records
  • Controlling exercise of authority
  • Theft’s vicious circle
  • Director’s loans
  • Enhanced penalties
  • Shareholders’ meetings
  • The Annual General Meeting
  • Briefing the Chairman
  • Minutes
  • Extraordinary General Meetings
  • Resolutions
  • Aspects of the PLC requirements
  • Corporate registration
  • Public flotation and the implications
  • Application for Stock Exchange listing
  • Notification of major interests
  • Corporate governance
  • Payment of directors
  • Shareholder communication
  • The Annual Report
  • Determining the target audiences
  • Filing the document and range of content
  • A timetable for action
  • The Chairman’s statement
  • Corporate social responsibility
  • Human Capital Management

MODULE 4 LEADERSHIP, MANAGEMENT AND CORPORATE GOVERNANCE

  • Leadership and management
  • Maximising the human resource
  • Communication principles
  • Briefings
  • Directing now
  • The combined code
  • Corporate governance – a checklist for boards
  • Good Governance Code
  • Corporate governance in the 21st century
  • Relationships
  • Working time/personal time balance
  • A sting in the tail?
  • The public image
  • Who do we serve?
  • Devising and using media releases
  • Media interviews
  • Communication aspects of crisis reaction

MODULE 5 CORPORATE RESPONSIBILITYTRAPS AND PITFALLS

  • Liabilities and protections
  • Our litigious society
  • Personal liability for statements
  • Safety obligations
  • Employment obligations
  • Commercial requirements
  • The Enterprise Act 2002
  • The Insolvency Act
  • Operating in – and saving – the environment
  • The requirement to take risk
  • Contingency planning
  • Risk prevention planning
  • Contingency plan
  • Credit risk
  • Safety
  • Stress
  • Risk transference
  • Behaviour and approach
  • Confidentiality undertaking
  • Non-competition clauses
  • Electronic transmissions
  • Controlling other risks
  • Insider dealing rules
  • Share trading

MODULE 6 EMPLOYMENT OPTIONSFINDING YOUR WAY THROUGH THE MAZE

  • Employment considerations
  • The 4 key employment ‘abilities’ for the 21st century
  • Pro-active recruitment
  • The ‘family friendly’ regime
  • Public duties
  • Avoiding age discrimination
  • The challenge of retirement – post October 2006
  • Comparability and consultation
  • Part-time employees
  • Fixed term contract personnel
  • Temporary personnel
  • Homeworking
  • Transferring employees
  • Consultability
  • Retention ability

Course contributor

David Martin FCIS, FCIPD, FioD as a Director & Secretary of one of the top 250 listed PLC’s for nearly 10 years David was responsible for a range of disciplines – including personnel, property and insurance as well as statutory and legal requirements and corporate/internal communications (three of his annual reports won national awards). Following a takeover, he founded his own business consultancy – Buddenbrook – which this year celebrates 20 years in business. Buddenbrook Consultancy has carried out various projects for a range of clients, large and small. David is an employer’s representative for the panel of members for the Employment Tribunals and a member of one of the Registrar of Companies committees. He is a regular seminar/conference speaker and is author of around 40 books including two international best sellers Tough Talking and Manipulating Meetings. He is a series editor for the institute of Chartered Secretaries One Stop (OS) series.

Client portfolio

Our client portfolio for this course includes the following companies:

BUPAEason LawNG Bailey & Co Ltd
Barbados National Terminal Company Limited (BNTCL)Formula One Management LtdOld Mutual
Bell & WebsterHeliodynamics LtdSTILL Materials Handling Ltd
Bucks Music GroupIItac LtdSaia Burgess Ltd
DaimlerChrysler Financial Services UK LtdInterGlobal LtdShephard Homes LTD
Diamond Resorts Europe LtdL&C Pensions

More information

The following documents are available for this course:

Academy of Distance Learning in Business

ADLiB

ADLiB logoFalconbury’s distance learning programmes have been certified by the Academy of Distance Learning (ADLiB). ADLiB supplies an unbiased authentication of, and quality assurance for, distance learning programme providers.

Upon course completion, distance learning participants are invited to undertake a final external assessment in the form of an online multiple-choice paper.

Participants are required to achieve a pass rate of 80% and above to ensure that a high level of competence has been achieved within the subject area and to receive the advanced ‘Certificate of Excellence’. The final external assessment can be taken up to three times, thereafter the ‘General Certificate of Course Completion’ will be issued.

NB: The final external assessment is an optional appraisal and those participants not wishing to undertake it will automatically receive the ‘General Certificate of Completion’ for their personal development/training profile.

Find out more about ADLIB here.

International Association of Distance Learning

The International Association for Distance Learning (IADL) promotes excellence in open, distance, and online learning worldwide, and provides a benchmark through which global consumers can gauge the quality of courses offered by their members.

 

The IADL is an independent, non-profit organisation with its principal administrative offices in London in the United Kingdom. Find out more.

 

Falconbury are an Approved Member of the International Association for Distance Learning. Please see our IADL membership certificate

Please follow the steps below to get your download distance-learning programme.

CHOOSE YOUR PROGRAMME: Select the distance-learning course you wish to download and click the download tab and click Book now online.

GO TO MY BASKET: Now go to your basket in the grey band at the top of the screen and click View basket.

5 STEP BOOKING PROCESS

Step 1: Choose what currency you would like to pay in and how you would like to pay (NB: Don’t forget to click your acceptance of the T&Cs).

If you have an Account with Falconbury already, then Log in, then click Proceed.

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CREATE AN ACCOUNT: Click on Log in, then click the blue Register here button and then follow the instructions. Once you have filled in your details, click the Register button.

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Upon booking

PAYMENT & DOWNLOADING…

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  • If payment is made via credit card when the booking is placed, the files will be available to download immediately from your account.

  • Click on My Account in the grey band at the top of the page. Then click on My Bookings where you will see your booking listsed.

  • Click on full details on the right hand side of your booking listing.

  • Your download modules will now be listed. The password for each module will be listed on the right-hand side of each listing.

NB: If you are paying via invoice then the files will be available to download from your account as soon as cleared payment has been received.

  • Please be aware all download files are encrypted, your password to access the files will also be displayed in your account when your download is available.