Like previous editions, the 2003 edition of Directors’ Responsibilities will serve to focus Directors’ attention on how they can perform their duties in accordance with New Zealand’s legal requirements and the Institute of Directors’ standards. This is achieved by prompting Directors to ask questions about themselves and the role and activities they perform, or intend to perform, in their companies.
For 2003, PwC has extended the publication’s scope to include additional guidance for audit committees following international developments.
Contents
Who is a director?
Why do directors need guidance?
Before accepting final appointment
After accepting final appointment
Involvement in the audit committee
Warning signs
Tax considerations
Institute of Directors’ Code of Proper Practice for directors.
Accompanying Directors’ Responsibilities is guidance on what to look out for when an annual report for a company is being prepared in order to comply with the Companies Act 1993 and the Financial Reporting Act 1993.
