The essentials of being a director

Aim: To provide company directors, and prospective directors, with a quick reference and overview of the legal requirements, ethical considerations and best practice areas relevant to the role of a director.

Outcome: Current directors, and those thinking of becoming a director, may have a better understanding of the expectations of the role of a director.

Abstract: The essential duties and responsibilities of a director are listed. Factors to consider before taking up a directorship are briefly discussed, along with how to compliantly and responsibly fulfil the role once appointed. This article is only a brief overview and links are provided to more detailed information on the areas discussed.