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Professional Development

The professional development of non-executive directors is becoming an area of increased importance and focus as corporate governance evolves. Both the Higgs Report and the Smith Guidance recommend regular updates particularly for audit committee members, given their additional roles and responsibilities. This message is reflected in the revised Combined Code.

The code recommends that all directors should regularly update and refresh their skills and knowledge. One of the related supporting principles states the following:

"The chairman should ensure that the directors continually update their skills and knowledge and familiarity with the company required to fulfil their role both on the board and on board committees. The company should provide the necessary resources for developing and updating its directors' knowledge and capabilities."

In order to assist audit committee members in their professional development, the ACI has developed several programmes:

• Audit Committee Institute technical update seminars
• Audit Committee Institute breakfast programme
• Audit Committee Institute roundtable series
• Sector specific events
• Topic specific events

For further information, contact the ACI on 020 7694 8855 or refer to our events programme contained in the PDF booklet available to download from the link below:

Professional Development Programme for Audit Committee Members 2008 (PDF 880Kb)