A Practical Guide for Company Directors

1st December 2017

Posted In: WMB Advice

Deciding to become a company director is a step that should be considered carefully before taking on the role and responsibilities. Under Irish company law, a director’s duties and the scope of what a director needs to know have increased enormously. In addition, the public now have much higher expectations of the standards of behaviour of directors serving on boards.

Chartered Accountants Ireland have published a new book, A Practical Guide for Company Directors, by corporate governance expert David W. Duffy, which will be an invaluable resource for those who need to know more about what it means to be an effective company director in Ireland. Key topics covered include:

  • The value of due diligence before deciding to accept a directorship
  • Company law, regulatory environment and corporate governance guidance
  • Differences between the role of non-executive and executive directors
  • Conflicts of interest and restricted activities
  • Financial matters, including financial difficulty
  • Risk tolerance and risk management
  • Personal guarantees and indemnities.

“This book should be on every director’s required reading list. Its practicality, coupled with its clarity on the role and responsibilities of directors will enable them to perform their role with much greater insight and confidence.”

Anne Heraty, CEO Cpl Resources plc

A Practical Guide for Company Directors by David W. Duffy is published by Chartered Accountants Ireland and retails at €40.00. It is available in all good book shops nationwide and from Chartered Accountants Ireland online shop here.