Do we have need of to disclose the date of allotment surrounded by proceedings to accounts.?
during the year shares are issued to director. share applictn money have be received. shares enjoy be alloted .as an auditor wat am i supposed to disclose?
Answers:
Be guided by your Companies Act and the a/cg stds your country subscribes to. Directors' shareholdings are usually disclosed in the Directors' Report. Movements in the share wherewithal a/c reconciling the inauguration to the end symmetry must be disclosed contained by a file to the accounts. Only the no. of shares and dollar expediency at the initiation, issued during the year and end bal. necessitate be disclosed. You don't necessitate to jump into details of respectively allotment (like date of allotment). What if in that be 100 allotments?
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Answers:
Be guided by your Companies Act and the a/cg stds your country subscribes to. Directors' shareholdings are usually disclosed in the Directors' Report. Movements in the share wherewithal a/c reconciling the inauguration to the end symmetry must be disclosed contained by a file to the accounts. Only the no. of shares and dollar expediency at the initiation, issued during the year and end bal. necessitate be disclosed. You don't necessitate to jump into details of respectively allotment (like date of allotment). What if in that be 100 allotments?