Auditing Accounts Under The Companies Act 2006
Companies with a calendar year-end may currently be preparing their end of year accounts and considering the audit process and whether they can and should take advantage of the audit exemptions available under the Companies Act 2006.
The requirement to audit accounts as well as how to appoint and remove auditors are questions all companies need to consider. We have therefore reviewed our Accounts & Audit sub-folder of templates and added new templates specifically relating to the private company audit process under the Companies Act 2006.
The new material added includes:
- a section 476 Companies Act 2006 audit request letter from shareholders to the company requesting an audit of the company’s accounts notwithstanding any audit exemption that may apply to the company;
- special notice of a resolution to remove the auditors;
- notice of a general meeting to remove the auditors; and
- minutes of a general meeting to remove the auditors.
Also included within this sub-folder are other template documents, including a guidance note, board minutes, shareholder resolutions and a Companies House form for use when preparing accounts and managing the audit process.
The contents of this Newsletter are for reference purposes only and do not constitute legal advice. Independent legal advice should be sought in relation to any specific legal matter.