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[Music] understanding what a board Charter is and its importance is the first step towards achieving transparent effective and accountable governance practices for every organization at its core a board Charter is a pivotal document that details the roles responsibilities and processes of the board of directors of an organization this extends to each individual on a board and to the board as a whole think of a board Charter as a road map for directors it outlines composition duties the extent of authority and the necessary procedures of the board and its members enabling them to efficiently execute their tasks and guaranteeing accountability no two board Charters are the same as each company will require different things from their board there are however several key points that youre likely to find in most Charters this includes the board composition and the detailed responsibilities of the boards chair and other directors without the charter there are no official policies there is