KRG 200B
Accounting
records
Unit 5
, Requirements of the companie
1. All companies must continuously maintain at least 1 office in
6. Annual Financial statements MUS
SA & the dress of the office must be registered
within 6 months after financial ye
2. Every company must maintain the following records: ‣ The AFS must include:
i. Copy of their MOI & all amendments a. An auditors report ( if they
ii. Record of all its current & past directors b. Directors report - pertainin
iii. Copies of: affairs of the business
a. All reports presented at AGM’s ‣ The AFS must be approved by
b. Annual financial statements & accounting by an authorised director
records ‣ The AGM notice must contain
c. Notice & minutes of all shareholders meetings AFS & steps on how to obtain
d. Any written communications sent by the ‣ Any person who has a benefic
company to its shareholders company is entitled to receive
e. Minutes of all meetings & resolutions of director AFS
and audit committee meetings *Note: if every shareholder of a priva
*NOTE: any person with a beneficial interest in the director - the AFS do not need to be
company has a right to inspect & copy any of the records AGM
above mentioned - EXCEPT the accounting records &
minutes of directors meetings 7. Every profit company must maint
register
3. Annual Financial statements MUST indicate on their first page:
Accounting
records
Unit 5
, Requirements of the companie
1. All companies must continuously maintain at least 1 office in
6. Annual Financial statements MUS
SA & the dress of the office must be registered
within 6 months after financial ye
2. Every company must maintain the following records: ‣ The AFS must include:
i. Copy of their MOI & all amendments a. An auditors report ( if they
ii. Record of all its current & past directors b. Directors report - pertainin
iii. Copies of: affairs of the business
a. All reports presented at AGM’s ‣ The AFS must be approved by
b. Annual financial statements & accounting by an authorised director
records ‣ The AGM notice must contain
c. Notice & minutes of all shareholders meetings AFS & steps on how to obtain
d. Any written communications sent by the ‣ Any person who has a benefic
company to its shareholders company is entitled to receive
e. Minutes of all meetings & resolutions of director AFS
and audit committee meetings *Note: if every shareholder of a priva
*NOTE: any person with a beneficial interest in the director - the AFS do not need to be
company has a right to inspect & copy any of the records AGM
above mentioned - EXCEPT the accounting records &
minutes of directors meetings 7. Every profit company must maint
register
3. Annual Financial statements MUST indicate on their first page:
