The Non-executive Director's Handbook is an indispensable guide that deals with the changing role and responsibilities of the Non-Executive Director in companies today. It recognises the increasing importance of the position, the growing pressures on Non-Executive Directors and the need for full compliance with the latest legislation and regulation in order to avoid heavy fines and penalties. This book provides practical information and guidance on all aspects of the role. Written specially for and about non-executive directors the book incorporates useful checklists and summaries.
This book provides best practice guidelines on all the duties and responsibilities of non-executive directors, and in this second edition has been fully revised and updated in-line with the new 2006/07 UK Company Law Reform Bill.
Coverage includes: corporate stategy; risk management; ethics (especially in line with Global Reporting Initiative (GRI) guidelines); governance (updated to cover the current version of the Combined Code); how to improve a companys efficiency and effectiveness; UK Auditing Standards moving to International Standards on Auditing (ISAs); updates for recent developments, including revision of Turnbull Guidance and impact of Sarbanes-Oxley Act, along with updates in recent developments in Pension Arrangements, especially in connection with the UK Pensions Act 2004.
On Audit Matters, among many changes over the first edition the book now covers new Ethical Standards for Auditors ? especially those on independence and the provision of non-audit services to an audit client. The move from UK Auditing Standards to International Standards on Auditing (ISAs) now covered. New companylaw requirement for directors to disclose all relevant information to the auditors and new reporting responsibilities of auditors in respect of the Directors? Report. On Directors Duties and Liabilities: new coverage of changes to company law provisions on indemnities and defence costs along with the latest Company Law Reform Bill proposals on directors duties and recent changes to Listing Rules and Model Code. On Directors Remuneration and Benefits - (Disclosure, remuneration report, service contracts and appendix) have been updated alongwith the Implementation of FRS 20 ?Share-based payment? and coverage of the Proposals in the Company Law Reform Bill on directors? service contracts. On Financial Reporting: the UK framework for the adoption of International Accounting Standards (IASs) is now covered: changes to the role of the ASB, UITF and FRRP; impact of IASs on the true and fair requirement; new requirements on statement of directors? responsibilities; impact of the EC Fair Value Directive and related UK accounting standards; new rules on form and content of Directors Report; latest ASB recommendations on the Operating & Financial Review (OFR); changes to the form and content of summary financial statements; changes to interim reporting under IASs; new APB requirements on internet reporting. On Fraud and Illegal Acts: this section of the book has been updated for recent developments, new guidance etc, as has the section on "Going Concern." On Internal Control: recent developments now covered, including revision of Turnbull Guidance and impact of Sarbanes-Oxley Act. Pension Arrangements; updated for recent developments, including Pensions Act 2004 and related regulations ASBproposals to change pension disclosures in company accounts; Pensions Regulator's proposals for changes to the accounts of pension schemes; More wide-ranging ASB review of pensions accounting. On Remuneration Committee: changes to Combined Code on membership of remuneration committee, and on Risk Management: updates for recent developments, and new guidance.
* best practice guidelines on all the duties and responsibilities of non-executive directors, revised and updated in-line with the new 2006/07 UK Company Law Reform Bill
* full coverage of corporate stategy, risk management, ethics (especially in line with Global Reporting Initiative (GRI) guidelines), governance (now covers the current version of the Combined Code)
* shows how to improve a companys efficiency and effectiveness
* new coverage of UK Auditing Standards moving to International Standards on Auditing (ISAs)
* updated for recent developments, including revision of Turnbull Guidance and impact of Sarbanes-Oxley Act
* updates in recent developments in Pension Arrangements, espcially in connection with the UK Pensions Act 2004

Financial reporting is becoming more onerous and complex, particularly for listed companies. Accounting scandals have led to a greater regulatory focus on the role of audit committees, non-executive directors, risk management and internal control which put the Finance Director under new and more stringent pressures.
This quick reference manual provides extensive information on recent changes and authoritative coverage of all the financial operations a busy Finance Director has now to undertake. All the key business critical information is here in one book everything a busy Finance Director needs access to. Written by professionals for professionals so that key information is easily accessed, assimilated and used. Detailed sections are devoted to audit, cash flow management, corporate transactions, financial reporting, management accounting, taxation and treasury and risk management.
* the vast range of business critical issues is constantly changing - to help you stay up to date, included in the price of the book are free regular on-line downloads of updates to legislation/standards
* packed with over 1000 pages, on key areas such as audit, company law, corporate governance, financial reporting, investor relations - you'll never be stuck for an answer again
* stay on top of the waves of legislation and standards as they roll in with the help of specialists in the field"