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Professional Development – UK ACI events


 The professional development of non-executive directors is becoming an area of increased importance and focus as corporate governance evolves. In response to the recent financial crisis the Walker Review has now issued its final recommendations for the governance of banks and the Financial Reporting Council has also issued its proposed changes to what is now called ‘The UK Corporate Governance Code which emphasises the ever increasing need for non-executive directors to keep up to date to ensure that they discharge their duties effectively. This message is also 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:

This message is also 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:


  • The BOFI Programme
  • The Public Sector Programmes
    see page 18 of the Professional Development Programme 2013
  • Audit Committee Institute technical update seminars
    See pages 6 and 7 of the Professional Development Programme 2013
  • Sector specific events
    See pages 8 and 9 of the Professional Development Programme 2013
  • Topic specific events
    See pages 10 to 13 of the Professional Development Programme 2013

    • Professional Development Programme 2013 (PDF 233KB)

 

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