I have a small business, and not really clued up about the new companies Act (i so far out all efforts in running the business than Acts)
So, my accountant (out-sourced service) just informed me that they will be doing a Public Interest Score on the company and I may have to appoint Audit Committe & Non Exec Directors in the company.
I do not understand this. The accountat told me a long story about "points for employees & liabilities"
Honestly, I do not get the story on the matter. And I do not want to bring in strangers into my business so they can dictate to me what to do (I worked very hard to develop the business)
Please help and clarify this new beast