475 Requirement for audited accounts
Companies Act 2006 | Legislation

Part 16 Audit

Chapter 1
Requirement for Audited Accounts

Requirement for audited accounts

475  Requirement for audited accounts

(1)     A company's annual accounts for a financial year must be audited in accordance with this Part unless the company—

(a)     is exempt from audit under—

section 477 (small companies),

[section 479A (subsidiary companies)], or

section 480 (dormant companies);

or

(b)     is exempt from the requirements of this Part under section 482 (non-profit-making companies subject to public sector audit).

(2)     A company is not entitled to any such exemption unless its balance sheet contains a statement by the directors to that effect.

(3)     A company is not entitled

Popular documents