Directors’ Duties – Part 2 (Solvency, Financial Benefits, Advice and Delegation) (AU)
A key duty of directors’ is to prevent a company trading whilst insolvent. A company is insolvent if it’s unable to pay its due debts. This Directors’ Duties course aims to educate directors on their responsibilities and the consequences when they breach a duty. It focuses on certain regulations around insolvent trading, relying on others, delegation of duties, and receiving financial benefits.
This course is the second in a microlearning series that contain informative videos from real directors, as well as case studies that are based on factual breaches.
- Preventing insolvent trading
- Recognising transactions with potential financial benefits
- When to rely on advice and information provided by others
- Remaining ultimately responsible even when delegating