Chartered Management Institute Recognised Director Training Courses and Workshops

Professional Directors Association Authorised Courses

Institute of Leadership and Management Approved Training Centre

The 2-day Director Roles and Responsibilities course is also a Chartered Management Institute, CMI, Recognised Training Course

The first day covers: the director requirements within the latest Companies Act (Companies Act 2006), including the 7 Statutory Duties of Directors and the legal limitations on the powers of directors; Director Liabilities, the 2018 UK Corporate Governance Code; the latest Memorandum and Articles of Association, topical board level issues; Companies House requirements, the avoidance of potential breaches of the Insolvency Act, which could lead to  personal liabilities and possible disqualification under the Director Disqualification Act.

The second day covers: Effective and Efficient Boards, Risk Management, UK Corporate Governance Reform Drivers, laws and trends on Director Pay, EU Corporate Governance applicability within the UK; International Board Structures; Major Corporate Governance Failures and their early warning indicators. It covers board level offence specific legislation such as; the Bribery Act, the 2017 Criminal Finances Act, the Corporate Manslaughter Act, Pitfalls and Errors arising from the UK Data Protection Act & UK GDPR and the Health & Safety at Work Act. All of these are dealt with at board level. The second day also covers Board Strategic Financial Management elements. These elements include at Board level; Acquisitions, Disposals and Goodwill; Budgeting & Pension Issues, Maximising Shareholder Value and Company Valuations.

The 2-day Finance for Non-Finance Director  course is a Chartered Management Institute, CMI, Recognised Training Course

The Finance for Non-Finance Directors course will enable Directors to satisfy all of their legal financial duties and be able to analyse and interpret any Balance Sheet, Profit & Loss Account or Cash Flow statement. They will learn to recognise and understand the impact of the Fundamental Accounting Concepts and Generally Accepted Accounting Principles, GAAP, on any company’s Financial Statements. They will be able to understand and use P/E Ratios, ROCE, ROI, Gearing, Current Ratio, Quick Ratio, Stock Days, Debtor Days and Creditor Days. You will become familiar with techniques such as NPV, Net Present Value, DCF, Discounted Cashflow, Net Asset Value, Enterprise Value and EBITDA. There is a formal “Statement of Directors Responsibilities”, which is a description of the legal responsibilities of Directors for all financial matters, including their Annual Accounts.

Legal Duties of Directors under The Companies Acts 2006

The legal duties and potential liabilities of Non-Executive Directors contained in the Companies Act 2006 are identical to those of the Executive Directors. No matter how little or how much time they spend on Board Matters, Non-Executive Directors are subject to the same legal duties and responsibilities as the Executive Directors.

Please click here for more information about the General Duties of Directors under the Companies Acts.
Please click here for more information about the Statement of Directors Responsibilities. These are the Financial Responsibilities under the Companies Acts.
Please Click Here to explore running these as In-House Courses  Scottish versions are available for the Director coures.

UK legislation deems all Board Directors to be equal and to share equally in the legal responsibilities of running a company.

Ofsted Related Courses – The Course Leaders

All of of the Course Leaders on our Ofsted related courses are highly experienced and either currently carry out work as Ofsted Inspectors and as Senior Governors, or have recently done so. They have in depth experience of the current Ofsted inspection arrangements and have completed a significant number of college, provider and adult Ofsted inspections, both short and long. The Ofsted related courses are detailed in the later sections of the scheduled course list below.

Director Course Numbers are limited to a maximum of 8 Director Delegates

All of our Director Courses are limited to a maximum of 8 Director Delegates to ensure that the Directors attending will achieve the maximum possible benefit from the course.

2024 Corporate Governance Code Revisions – Effective From 2025 and 2026

Annual Declaration of Effectiveness of Internal Controls

The 2024 Corporate Governance Code changes focus on a few key issues. It is applicable to financial years beginning on or after 1 January 2025. The main one being the effectiveness of the internal controls of the company, which is covered by Provision 29 of the 2024 Corporate Governance Code. Provision 29 is quite radical and full compliance may be difficult to achieve. It requires an annual <strong>Declaration of Effectiveness </strong> of the  internal controls.

However, Provision 29 of the 2024 Corporate Governance Code will only apply to financial years beginning on or after 1 January 2026. The 2018 Corporate Governance Code will continue to apply to all financial years beginning on or after 1 January 2025.. For more information, please click  2024 Corporate Governance Code

CPD – Formal Certificates of Professional Development will be issued to all delegates. These certificates will be accepted as evidence for CPD purposes by most professional Institutes and Associations. Our clients, who are mainly Directors, regularly award an “Excellent” overall rating to our training courses and workshops.

Professional Directors Association Authorised Courses.

Institute of Leadership and Management Approved Training. Chartered Management Institute Recognised Director Training Courses.