Topic: Duties and responsibilities

Understanding all your duties and responsibilities as a director isn't always easy. AICD can help you develop a thorough list

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Recap: AICD's 10 most popular articles for 2020

14 December 2020

As the year draws to a close, we bring you the 10 most read articles of 2020. Covering the events that happened in the world around us through to the challenges taking place inside boardrooms, this ye...

Directors' duties under scrutiny with Tennis Australia legal judgement

1 October 2020 | Professor Pamela Hanrahan

The ASIC v Tennis Australia judgement raises important lessons for directors around the role of the chair and directors' duties, writes Professor Pamela Hanrahan.

Duties and responsibilities

Emergency continuous disclosure relief - what directors need to know

23 September 2020 | Sally Linwood GAICD

The Government has announced temporary amendments to the Corporations Act to provide that companies and officers will only be liable for continuous disclosure breaches if there has been knowledge, rec...

Financial considerations for NFP survival

11 June 2020 | Javier Dopico GAICD

In her AICD webinar COVID-19: Financial considerations for NFP survival, Roslyn Jackson FAICD spoke about the urgent cashflow challenges currently facing NFPs, five immediate actions that can be put ...

The COVID-19 leadership test: How effectively is your board chaired?

10 June 2020 | Jessi Towns GAICD

The chair of the board has two key responsibilities – to ensure the effectiveness of the processes the board oversees, and to create a cohesive board. To perform this role effectively, what skills an...

EOFY checklist for directors

25 May 2020

From reporting deadlines to D&O insurance, this checklist has been designed to ensure directors don't miss a thing as the end of the financial year draws closer.

COVID-19: Accounting bodies publish important guidance on Going Concern

22 May 2020 | David McElrea

The Australian Accounting Standards Board (AASB) and the Auditing and Assurance Board (AUASB) have published a joint guidance on assessing going concern and solvency declarations entitled “The I...

Cool fashion school joins frontline virus fight

7 May 2020 | Shelley Dempsey

The Social Studio, a fashion school in Melbourne that teaches clothing design to migrants and refugees, is continuing to change lives, though now through a different business model, one garment at a t...

Using ethical frameworks to make good COVID-19 decisions

6 May 2020

COVID-19 may well be the greatest ethical challenge of our time, it asks of all of us – can we make sacrifices for the greater good? Can we make good decisions under pressure using ethical frameworks?

Financial reporting during the COVID-19 crisis: what do you do when you have to sign off the account...

14 April 2020 | David McElrea

Organisations will soon be preparing their financial reports and directors will be asked to sign off the end-of-year financial statement. With many organisations struggling to stay afloat and little c...

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