Group account form - accounts and audit, Business Law and Ethics

Assignment Help:

Group Accounts' form:

S.151(1) provides that the group accounts laid before a holding company shall be consolidated accounts comprising-

(a)   like with a consolidated balance sheet dealing with the state of affairs of the company and all the subsidiaries to be dealt with in group accounts;

(b)   and like with a consolidated profit and loss account dealing with the profit or loss of the company and those subsidiaries.

Moreover there the group accounts need not be prepared in this form if the directors are of the view that they could be prepared in another form which would be readily appreciated by the company's members.


Related Discussions:- Group account form - accounts and audit

Evaluate anti-discrimination law, As you think about the rights of workers ...

As you think about the rights of workers enhanced by anti-discrimination laws, have society and organizations become more tolerant and competitive due to less discrimination in the

Civil remedies by a copyright owner, QUESTION 1 (a) List down the remed...

QUESTION 1 (a) List down the remedies that are available for breach of contract (b) Elaborate on two of them QUESTION 2 What are the duties of seller and buyer under

What is the common law, Question 1: (a) What is "The Common Law"? (...

Question 1: (a) What is "The Common Law"? (b) What are the virtues of the Common Law? Question 2: (a) Name the three facets of "the concept of justice". (b) E

What is a contract?, QUESTION The Web has made it extremely attractive ...

QUESTION The Web has made it extremely attractive to conduct commercial activities online. Companies such as Amazon.com and eBay are e-commerce powerhouses that sell all sorts

Oppression of minorities, OPPRESSION OF  MINORITIES:                  ...

OPPRESSION OF  MINORITIES:                    7.3.1 Section 211 of the Act provides that any member of a company who complains that the affairs of the company are being conduc

Legal procedures - winding up , Legal Procedures: The court may order ...

Legal Procedures: The court may order the examination in private or public (ie. open court) of an officer of a company in liquidation or of any person known or suspected to ha

Examine the criminal liability of amin, Question : In July 2007 Amin se...

Question : In July 2007 Amin sent a brochure of a hotel he was running and managing to Sam, a travel agent and included the following statement: "The hotel provides a range of

Directors to perform the duties, Directors to perform the duties: Ther...

Directors to perform the duties: Therefore it cannot be that the auditors  are to be at the expense and trouble not merely of sending their report through the post but of deli

Types of transaction - reconstructions , Types of transaction - reconstruct...

Types of transaction - reconstructions: It will be seen that methods (a) and (b) relate to specific types of transaction.  They can only be used in those transactions.  The fl

Legal profession - judges, Legal Profession - Judges However in genera...

Legal Profession - Judges However in general speaking that judges of the High Court of Kenya are appointed from among advocates of in case of seven years' standing as like i.e

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd