• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

directors duties

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › directors duties

  • This topic has 3 replies, 3 voices, and was last updated 11 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • October 30, 2013 at 5:00 pm #144165
    bik123
    Member
    • Topics: 57
    • Replies: 81
    • ☆☆

    Hi,

    I have question if every duty of director is fiduciary duty?

    October 31, 2013 at 1:39 pm #144211
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    No, not every duty.

    Reasonable skill, care and diligence
    No secret profits
    Full disclosure of interest in transactions and activities
    are the three main fiduciary duties.

    But statute has extended these to include :
    Act within their powers
    Perform with skill, care and diligence
    Promote the success of the company
    Independent attitude in all their actions
    Avoid conflicts of interest
    No benefits or bribes to be received
    Disclosure of interest in transactions and activities

    OK?

    November 2, 2013 at 6:55 pm #144396
    diannel2012
    Member
    • Topics: 18
    • Replies: 37
    • ☆☆

    Is there an easy way to remember this or memorizing is the only option…?
    🙁

    November 3, 2013 at 8:39 am #144413
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    Do you know the fifth line of the British national anthem?

    ‘Appi and glorious

    The seven statutory duties of the directors are appiand

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • zan13898 on Sources of Finance – Islamic Finance – ACCA Financial Management (FM)
  • hana256 on Corporate Reorganisation and Capital Reconstruction Schemes (part 2) – ACCA (AFM) lectures
  • rustamdiamond on FA Chapter 9 Questions – Inventory and IAS 2
  • kingkong on Accounting for Management – ACCA Management Accounting (MA)
  • Ken Garrett on Strategy : real life examples – ACCA Strategic Business Leader (SBL)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in