Accountable Party

Shadow Director
A shadow director is an individual whose directions, typically, the board of directors of a company follow, although this individual is not officially appointed as a director. Certain legal provisions, particularly those under the Companies Act, hold shadow directors accountable in similar ways to formally appointed directors.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.