Contents of group accounts, Business Law and Ethics

Contents of Group Accounts:

By s.152(1), the group accounts laid before a company shall give a true and fair view of the state of affairs and profit or loss of the company and the subsidiaries dealt with in that way as a whole, thus far as concerns members of the company.

S.153(1) further provides that the group accounts, whether as  prepared as consolidated accounts, therefore shall comply according the requirements of the Sixth Schedule to the Act, so far as applicable thereto, and if not so prepared, shall offer the  equivalent or same information.

Posted Date: 1/15/2013 2:22:18 AM | Location : United States







Related Discussions:- Contents of group accounts, Assignment Help, Ask Question on Contents of group accounts, Get Answer, Expert's Help, Contents of group accounts Discussions

Write discussion on Contents of group accounts
Your posts are moderated
Related Questions
Limited Partnerships Through virtue of the Limited Partnerships Act, such the liability of certain partners that may be limited to a certain extent. Further the chief provisions

Question 1 A contract comprises od reciprocal promises. In the contract of sale who is an unpaid seller? Describe the remedies for breach of contract under Sale of Goods Act, 1930

Create a Poster The summative assessment for the module is a poster session. The poster must take a theoretical perspective, supported by appropriate applied examples The p

INTERNATIONAL TRADE LAWS The laws controlling and regulating International trade have become one of the fastest growing areas of international law. International trade laws conce

Q. Indicator based definition of phoenix activity? Many stakeholders emphasised the importance of educating the community about the signs or indicators of phoenix activity. A d

PROTECTION OF CREDITORS: Where the reduction of capital involves diminution of unpaid capital or repayment to shareholders of paid-up capital, creditors have a statutory right

Contractual Capacity of Persons of Unsound Mind Furthermore a contract entered into through a person of unsound mind is voidable on his option whether it is proved that the ot

Mary has just graduated from LIM College and is in an interview with ABC Design Firm.  ABC employees several talented designers that work with ABC retail clients to design lines of

Q. Name based definition of phoenix activity? The approach taken in New Zealand has been to define phoenix activity in terms of the re-use of the name, or a name similar, to th

VOIDABLE ALLOTMENTS: An allotment of shares is voidable if it is made in breach of- a)      Section 49 (1): by having been made before the minimum subscription was raised o