ICSA: The Governance Institute have published a guidance note on the electronic signatures and what companies and directors should consider when they are required to sign documentation on behalf of the company. The guidance note gives practical guidance on electronic signatures including: • Execution of Documents Electronically • Signing under the company seal • Minutes
Every January we set out ten points to consider from a company law and company secretarial practice perspective. These are practical points for all firms to consider that may bring some benefit to the services you provide. As always if we can be of any help please feel free to contact any one of the
A fear many directors and presenters have is missing the Annual Return Date (“ARD”) for a company. This is because the penalties are severe particularly for SME companies.
Every company is required to comply with the Companies Act and on an annual basis prepare and file financial statements and hold an AGM. Typically this is a service provided to companies by the Company Secretarial Advisors such as CLS Chartered Secretaries or the accountant or solicitors.
After a number of significant proposals in the committee stages, the Companies (Statutory Audits) Act 2018 has not changed the ability of companies who are late in filing an annual return to apply to the District Court to retain the audit exemption and avoid paying late filing penalties. When the Bill was introduced, it was
CRO got a reaction they were probably hoping for when they sent out their email on 12th October 2017 announcing “CRIMINAL PROSECUTIONS HAVE BEEN COMMENCED “. A lot of directors and presenters started asking “what was the chances of them or their companies being prosecuted by the CRO?” Even the title of the email was
The introduction of mandatory electronic filing forced all presenters and companies to electronically file annual returns. Most people have had experience in electronic filing but like any process there are challenges and issued to be aware of. This article will attempt to highlight some of the important areas to consider in advance of the deadline
We finally have clarity on what the definition of a designated unlimited company and what private unlimited companies (“ULC”) will have to file financial statements with the Companies Registration Office. The new definition is bad news for many unlimited companies that were previously exempt from filing financial statements. The new definition applies to financial years
The Companies (Accounting) Act 2017 was signed by the President on 17th May 2017 and will come into operation on 9th June 2017. The Act will apply to financial periods beginning on or after 1 January 2017 for financial statements and other reports. Section 14 of the Act provides for early adoption by the directors
The ODCE and the professional accountancy bodies have developed a technical release TR 03/2016 on Reporting Company Law Offences: Information for Statutory Auditors. This has been updated in accordance with the Companies Act 2014. Download the ODCE TECHNICAL RELEASE TR 03/2016 The purpose of this Technical Release is to assist the statutory auditor in applying