News
Western Selection P.L.C.’s response to the FRC’s consultation: Improving the Quality of Reporting by Smaller Listed and AIM Quoted Companies
13 Aug 2015
Key concerns: The FRC should make it clear that good governance normally requires that the company secretary is not the FD, and that accounts preparation can only benefit from having a separation of these roles and a second qualified person involved in the preparation of accounts. Companies need feedback to improve. The best form of …
Changes to Companies Act 2006 affecting all Company Accounts from 1 July 2015
20 Jul 2015
CHANGES TO COMPANIES ACT 2006 AFFECTING ALL COMPANY ACCOUNTS FROM 1 JULY 2015 Section 409 Companies Act (the ‘Act’) requires that the notes to a company’s accounts include information on its related undertakings. Prior to 1 July 2015, section 410 of the Act allowed companies to limit these disclosures in their accounts to principal subsidiaries …