What are the responsibilities of a newly appointed director?

Directors are legally responsible for running the company and ensuring that company accounts and reports are properly prepared. They must act in good faith, exercise reasonable care, skill, and diligence, and avoid conflicts of interest.

By Xact+ Accountants|2025-03-06T22:21:07+01:00March 6, 2025|Categories: Appoint a Director|0 Comments

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Xact+ Accountants a chartered accountancy firm in the UK, we offer a range of professional services to help businesses and individuals manage their financial affairs.