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A guide to directors’ responsibilities under the Companies ...

A guide to directors responsibilities under the Companies Act 2006 PAGE 3A guide to directors responsibilities under the Companies Act 2006 John Davies Head of Business Law, ACCAC ertified Accountants Educational Trust, July 2007 PAGE 4 About ACCAACCA (the Association of Chartered Certified Accountants) is the largest and fastest-growing global professional accountancy body with 296,000 students and 115,000 members in 170 countries. We aim to offer first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and deliver our qualifications in partnership with many organisations. We operate 18 joint examination schemes with national bodies around the world and work closely with 470 registered tuition providers and nearly 8,500 employers of accountants and finance professionals. We aim to support our students and members throughout their careers, delivering services through a network of nearly 80 offices and use our expertise and experience to work with governments, donor agencies and professional bodies to develop the accounting profession.

1.1 The enactment of the Companies Act 2006 in November of that year was the culmination of a nine-year project which amounted to the biggest official review of UK company law for over 40 years. The project comprised a three-year in-depth investigation by a Government-appointed expert group – …

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