The Companies Act 2019 (Act 992) and its Financial Reporting Implications has been saved
The Companies Act 2019 (Act 992) and its Financial Reporting Implications
A new Companies Act, 2019 (Act 992) was assented by the president on 2nd August 2019 to replace Act 1963. Financial Statements prepared on and after this date are to comply with the presentation and disclosure requirements as provided in the new Companies Act. This accounting update provides a summary of these requirements.