
Board Governance Compliance Assistant
Audit board compliance, governance practices, and fiduciary duty alignment
What You Can Do
Analyze your board's practices, policies, and documentation to identify governance compliance gaps and fiduciary duty risks. You receive expert-level legal review findings with prioritized recommendations for liability mitigation. The skill evaluates your governance framework against industry best practices and regulatory requirements.
Features
Comprehensive review of board structure, processes, and documentation against established governance standards and best practices
Assessment of director duties of care, loyalty, and good faith compliance with alignment recommendations
Detailed examination of bylaws, board charters, committee charters, and governance policies for completeness and compliance
Detection of governance gaps, process failures, and compliance deficiencies that create organizational liability exposure
Verification of compliance with applicable federal, state, and industry-specific governance regulations
Review of board meeting minutes and decision documentation to ensure proper deliberation and authorization
Actionable compliance improvements ranked by risk level and implementation complexity
Example Output
Board Compliance Audit Summary
- Overall Governance Score: 78/100
- Critical Gaps: 2 (board independence, conflict of interest policy)
- Moderate Gaps: 4 (committee charters incomplete)
- Compliance Status: Regulatory requirements 85% met
Fiduciary Duty Risk Assessment
- Duty of Care: ✓ Adequate with documentation improvements needed
- Duty of Loyalty: ⚠️ Conflict of interest policy outdated
- Duty of Good Faith: ✓ Compliant
- Recommended Actions: Update board charter, establish conflicts register
Policy Gap Analysis
- Missing: Executive session protocols, indemnification procedures
- Incomplete: Committee charters (finance, audit)
- Outdated: D&O insurance provisions (3 years old)
What's Included
- Board Compliance Assessment Checklist: Structured framework covering board composition, independence, committee structure, and meeting procedures
- Fiduciary Duty Evaluation Matrix: Assessment tool for evaluating care, loyalty, and good faith duties with evidence requirements
- Governance Best Practices Reference: Standards from NACD, IIA, and leading corporate governance frameworks for benchmarking
- Risk Rating Methodology: Framework for categorizing compliance gaps by severity (critical, moderate, minor) and business impact
- Action Item Prioritization System: Tool for ranking recommendations by risk reduction benefit and implementation feasibility
- Documentation Templates: Sample board policies, charters, and procedures for addressing identified gaps
Who It's For
- Board Directors and Trustees
- General Counsel and Corporate Counsel
- Board Secretaries and Corporate Secretaries
- Compliance Officers
- Risk Management and Internal Audit Leaders
Best For
- Annual board governance compliance audits
- Board policy review and updates
- Fiduciary duty risk assessments
- Pre-regulatory inspection preparation
- New director onboarding and governance education






