Audit

View Corporate by content type:

Latest Corporate News

Featured Corporate content

Practice notes
Co-operative and community benefit societiesWhat is a co-operative or community benefit society?A co-operative society or community benefit society...
Read More >
19th May
Practice notes
A guide to cash box placingsThis Practice Note explains the cash box structure and the principles behind its use in connection with a proposed placing...
Read More >
Produced in partnership with Danette Antao of Hogan Lovells and Maegen Morrison of Hogan Lovells 19th May
Precedents
Clause 1.1 —Add the following definition: PIK Notes means Payment in Kind Notes; [Loan note...
Read More >
19th May
Practice notes
Returning capital to shareholders—B share schemesWhat is a B share scheme and why is it used?A B share scheme is one method used by UK companies to...
Read More >
Produced in partnership with Glafkos Tombolis 19th May
Practice notes
Directors’ decision-making—written resolutions and decisions by sole directorsThis Practice Note outlines the written resolution method directors may...
Read More >
19th May
Practice notes
Disclosure Guidance and Transparency Rules trackerLast updated March 2021Tracker overviewThis Disclosure Guidance and Transparency Rules (DTR) tracker...
Read More >
19th May
Practice notes
Takeover Code—Rule 34—Right of withdrawalThis Resource Note outlines the main provisions of Rule 34 of The City Code on Takeovers and Mergers (Code),...
Read More >
19th May
Practice notes
The Duomatic principleThe principle definedCompany decisions are made by way of resolutions of the shareholders. There are three ways in which a...
Read More >
Produced in partnership with Philip Hinks of 3 Verulam Buildings (3VB) 19th May
Practice notes
Acting in concertProduced with input from Rebecca Cousin of Slaughter and May on market practice.This Practice Note summarises the rules and guidance...
Read More >
19th May
Practice notes
Tailoring a shelf companyA person wishing to set up a new company has the following options:•they can incorporate a new company in accordance with the...
Read More >
19th May
Q&As
Will a redesignation of shares constitute a variation of class rights?A redesignation of shares involves a change in the name of some or all of a...
Read More >
Produced in partnership with Julian Henwood of Gowling WLG 19th May
Practice notes
Takeover Code—Rule 3—Independent adviceThis Resource Note outlines the main provisions of Rule 3 of The City Code on Takeovers and Mergers (Code),...
Read More >
19th May
Practice notes
Quasi-loans to directors, connected persons and related arrangements—requirement to obtain members’ approvalThe Companies Act 2006 (CA 2006) contains...
Read More >
19th May
Practice notes
Break fees—share purchaseThe nature and purpose of break feesBreak fees are generally designed to compensate one party’s legal and professional costs...
Read More >
19th May
Practice notes
Class rights and variation of class rightsA company having a share capital may have separate classes of shares. As a general rule, a type of share...
Read More >
19th May
Practice notes
Matters reserved for the boardThe UK Corporate Governance Code (UKCG Code) of the Financial Reporting Council (FRC) sets out standards of good...
Read More >
19th May

Most recent Audit content

Practice notes
Auditors and liability limitation agreementsThere are statutory provisions relating to the liability of an auditor of a company and the limits that...
Read More >
26th Jul
Practice notes
An auditor’s liability and its limitsThere are statutory provisions relating to the liability of an auditor of a company and the limits that may be...
Read More >
26th Jul
Practice notes
Audit legislation and consultations trackerContentsAudit—UK and EU legislationAudit—regulatory guidanceAudit—consultations and reviewsAccounts,...
Read More >
23rd Jul
Precedents
Auditor’s resignation letterThe Directors[Insert company name] [LTD OR PLC][Insert company address][Insert date]Dear [Directors OR Secretary][Insert...
Read More >
19th Jul
Precedents
Auditor’s statement of reasons—public interest companyTo:The Directors[insert company name] [LTD OR PLC][insert address][insert date]Dear [Directors...
Read More >
19th Jul
Practice notes
An auditor’s duties and rightsThere are statutory provisions relating to an auditor’s duties and rights.There may be other rules relating to a...
Read More >
19th Jul
Q&As
Can a third party restrict a company’s choice of auditor to one of the Big 4 accountancy firms?In April 2014, the EU issued Regulation 537/2014/EU (EU...
Read More >
5th Jun
Q&As
Do you have any archived content in relation to the statutory provisions that applied in relation to auditors before 1 October 2015?Section...
Read More >
5th Jun
Q&As
Can a dormant company which holds shares in another company receive a distribution and remain dormant?A dormant company will only remain dormant...
Read More >
5th Jun
Q&As
What is the process to change a dormant public company to a private limited company?Re-registration of companiesPart 7 of the Companies Act 2006 (CA...
Read More >
5th Jun
Q&As
What are the implications for a company's directors who have wrongly relied on an audit exemption and filed unaudited accounts?Companies are required...
Read More >
5th Jun
Q&As
Can a company which is dormant, but is part of a group which is trading, rely on the audit exemption for dormant companies under s 480 of the...
Read More >
5th Jun
Q&As
Does a specific provision in the articles requiring the appointment of an auditor override the ability of a small company to take advantage of the...
Read More >
5th Jun
Q&As
From what date do the requirements of the EU Audit Regulation and Statutory Audit Amending Directive apply?In April 2014, the EU issued Regulation...
Read More >
5th Jun
Practice notes
The Chartered Governance Institute guidance on terms of reference for the audit committeeThis guidance, dated March 2017 and updated in January 2020,...
Read More >
5th Jun
Practice notes
Contents of the auditor's report—LLPsThis Practice Note looks at the statutory requirements in Part 16 of the Companies Act 2006 (CA 2006) relating to...
Read More >
5th Jun
Practice notes
Audit authority and accounting authority notifications on an auditor ceasing to hold office—financial years beginning before 1 October 2015—quoted...
Read More >
5th Jun
Practice notes
An auditor’s terms of appointment and remunerationBackgroundThere are statutory provisions relating to the terms of an auditor’s appointment and an...
Read More >
5th Jun
Practice notes
Contents of the auditor's report—companiesThere are statutory provisions relating to the content of the auditor's report on the accounts and reports...
Read More >
5th Jun
Practice notes
Company and Companies House notifications on an auditor ceasing to hold office—public interest companyBackgroundThere are statutory provisions...
Read More >
5th Jun

Popular documents