Director
A director is a person holding a director’s role in an organisation’s governance framework, with responsibilities determined by applicable law and arrangements. Company directors usually participate in collective board decisions and oversight, and may be executive or non-executive. A job title alone does not establish every legal consequence: the jurisdiction may also recognise people acting as directors or exercising relevant influence in specified circumstances.
Worked example
A finance director participates in board decisions about the company’s strategy as well as managing finance. Her director role carries wider responsibilities than preparing departmental budgets.
Common mistake
Do not assume every employee called a director is legally a company director, or that non-executive status removes directors’ responsibilities. Check the relevant role and framework.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | BT | Supporting | September 2026–June 2027 |
| ACCA | SBL | Direct | September 2026–June 2027 |
| FIA | FBT | Supporting | September 2026–June 2027 |