Having attended a seminar on the new companies bill; nope, I'm definitely not up to scratch with the disclosure requirements.
I've requested info from my auditors regarding the FA register.
1 of the items mentioned was fixed asset registers; we like most companies have the basic FA register. date, item, cost, depreciation, acc depr and NBV.
It was advised we extend the registers (stop being lazy) to include..........
Our auditors are very happy with our FA register, and have no knowledge of the "full" register.
Please could someone advise me what the "full" register consists of?
The interesting part of this is, we've got until April 2009 to get financials in order - and our auditors (not a small company) have no idea of the requirements.
any comments would be appreciated and helpful.