Comments

  1. avatar says

    Mike Little,I just love these lectures, smashing sense of humour, very informative…you make everything seem so easy and appear to be common sense…which by the way doesn’t seem to be so common these days….! I did really well in F4 all because of the lectures and i think i will pass this paper as well. Thank you so much for this resource that your company has made available to us free of charge.

  2. avatar says

    Hi Mike Little,
    thank you for all your video lectures, they are a helpful alternative to studying from the text book which can be mind dulling! just one question if you don’t mind please Mike. In the P1 syllabus it states that the structure of the board should not be dominated by any individual or any group. However, a common characteristic of a single tier board is that control and management are in the hands of a single group of directors. Is this a contradiction between the two points or have I just misinterpreted the info! thanks again Mike you are brilliant at what you do and your lectures are actually quite entertaining!

    • Profile photo of MikeLittle says

      Only “quite” entertaining! Now I’m upset

      :-)

      The unified board is – as you suggest – a single group of people. But within that board there are the execs and the non-execs. In addition, the Chair and the CEO are both present on that unitary board.

      So the Chair is not able to dominate because the CEO is there as a balance. Equally, the CEO cannot dominate because the Chair is there to balance.

      And the same comments go for the execs (because the non-execs are a balance) and the non-execs (because the execs balance them)

      OK?

Leave a Reply