Accounts and audit, Business Law and Ethics

Assignment Help:

ACCOUNTS AND AUDIT:

By s.147(1) every company shall cause to be kept in the English language "proper books of account" with respect to -

(a) all sums of money received and expended through the company and the matters in respect of which the receipt and expenditure takes place;

(b) here all sales and purchases of goods by the company;

(c) here the assets and liabilities of the company.

S.147(2) provides like "proper books of account" shall be deemed not to have been kept with regarding to the matters aforesaid whether there are not kept such books as are basically to give a true and fair view of the state of the company's affairs and to explain its transactions.

with s.147(3) (a) the books of account are to be kept at the registered office of the company or, by the consent of the registrar and subject to such conditions as he may impose, at there such other place as the directors think fit, so and shall at all times be open to inspection through the directors.


Related Discussions:- Accounts and audit

Business Ethics, As organisations affect many people, they have obligations...

As organisations affect many people, they have obligations to their employees, consumers, community and the world. They have a responsibility to conduct business in a way that is n

How would you ensure that the code is effective, QUESTION 1 You are giv...

QUESTION 1 You are given the task to make a Code of Ethics for your organization (a) Describe a Code of Ethics (b) What are the different aspects/issues that you might in

What sort of bailment, Houghland, a passenger in one of McAnn's buses, had ...

Houghland, a passenger in one of McAnn's buses, had his suitcase stored in a luggage comp of the bus for a trip from Brisbane to Cairns. The suitcase was lost during the course of

Four step process to defence - law , Duomo Pty Ltd manufactures engineering...

Duomo Pty Ltd manufactures engineering equipment and is a leading industry supplier in Australia and New Zealand. The 'Duomo Drill Press' (Duomo) is a very popular product that has

Termination of arbitral proceeding, Termination of Arbitral Proceeding ...

Termination of Arbitral Proceeding Although the Arbitral proceedings may be terminated in any of the giving ways as; Through the final award of the arbitrator Whether

When was international atomic energy agency established, Explain Internatio...

Explain International Atomic Energy Agency The  NPT  also  creates  rights and  obligations on  the  members of  NPT  to  comply  with  the provisions of the treaty and to ensu

Determine the central feature of politics, Determine the central feature of...

Determine the central feature of politics Indeed this manipulation is a central feature of politics: "Problem definition is the active manipulation of images of conditions by c

State article 29 of international law, State Article 29 of international la...

State Article 29 of international law Article 29 states that a member of a diplomatic mission enjoys immunity from arrest or prosecution.

State the international policy coordination, State the International policy...

State the International policy coordination In an international context governments can, in theory, offset adverse spillover effects originating from other nations. With fewer

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