| 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:
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)
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