The 21st Century Director

Ethical and Legal Responsibilities of Board Members

The first years of the 21st century have seen unprecedented changes in the roles and demands on corporate and nonprofit directors. Board members now cope with ever-fuller agendas, greater potential liability and demands by shareholders, regulators, activists and the government.

This seminar discusses the legal and ethical responsibilities of directors and the special responsibilities of Audit Committee members.

Find upcoming dates for this seminar

Possibly the best CPE course I’ve taken. Interesting material. The instructor kept the class engaged all day.

-Bloomington, MN

Topics Discussed

  • The changing role of directors
  • The impact of constituent activism on ethical and legal responsibilities
  • The impact of recent business failures, Sarbanes-Oxley and Dodd-Frank
  • The meaning of “Fiduciary Duty” and its impact on responsibilities
  • The “Business Judgment Rule”
  • The importance of directors and officers insurance and what to look for in policies
  • Responsibilities of various committees
  • Audit committee qualifications
  • The Audit Committee “Financial Expert”
  • How to work with your organization’s board
  • How to be the best director you can be!

Cases and Group Discussion

This seminar includes group discussion of eight case studies.

Additional Information

Target Audience: This seminar is for those who serve, or aspire to serve, on a board of directors or finance professionals who work with boards of their organizations. The seminar discusses public, private and not-for-profit boards.

Level of Knowledge: Intermediate

CPE Credit: 8 hours group live

Areas of Study: 4 hours Ethics / 4 hours Management

Prerequisite: None

Adv. Preparation: None

Author: John F. Levy

Acronym: TCD

Scheduling: Schedule with one of our full day seminars, such as Acquisitions to Grow the Business, or Finance and Innovation to provide a 2-day series.