Legal Obligations of Officers and Directors

All corporate governance practitioners need to understand the Australian governance framework and have a basic understanding of the Australian legal system. Although corporate governance has a broad meaning that covers various disciplines, including management, finance, accounting and law, the focus of corporate governance tends to be firstly on minimum compliance obligations and secondly on the structures, policies and procedures that go above and beyond the legal standard and instil a culture of compliance and good governance.

The aim of this course is to provide a working knowledge of the key principles and statutory requirements associated with being a director or officer of an organisation.

Learning objectives:

•        Recognise that good corporate governance requires more than mere minimum compliance and to be effective it must be embedded in an organisational governance culture.
•        Understand the Australian corporate governance framework and the different types of corporate structures.
•        Enable an understanding of the fundamental governance duties of directors and officers.
•        Consider the importance of due diligence and compliance programs in managing governance obligations.

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Capabilities : Reflection & Learning , Critical & Independent Thinking , Governance & Oversight , Collaborating & Influencing , Accountability & Compliance , Legislation & Policy