Section 406 Companies and Allied Matters Act (CAMA) 2020
Section 406 CAMA 2020 Section 406 Companies and Allied Matters Act is about Improper influence on conduct of audit. It is under Chapter 15 (Audit) of the Act. (1) It shall be an offence for any officer, insider, director of a company, or any other person acting under the direction of such officer, insider or […]
Section 405 Companies and Allied Matters Act (CAMA) 2020
Section 405 CAMA 2020 Section 405 Companies and Allied Matters Act is about Corporate responsibility for financial reports. It is under Chapter 15 (Audit) of the Act. (1) The chief executive officer and chief financial officer of a company other than a small company or persons performing similar functions shall certify in each audited financial […]
Section 404 Companies and Allied Matters Act (CAMA) 2020
Section 404 CAMA 2020 Section 404 Companies and Allied Matters Act is about Auditors’ report and audit committee. It is under Chapter 15 (Audit) of the Act. (1) The auditors of a company shall make a report to its members on the accounts examined by them, and on every balance sheet and profit and loss […]
Section 403 Companies and Allied Matters Act (CAMA) 2020
Section 403 CAMA 2020 Section 403 Companies and Allied Matters Act is about Qualification of Auditors. It is under Chapter 15 (Audit) of the Act. (1) The provisions of any Act establishing a body of accountants shall have effect in relation to any investigation or audit for the purpose of this Act and none of […]
Section 402 Companies and Allied Matters Act (CAMA) 2020
Section 402 CAMA 2020 Section 402 Companies and Allied Matters Act is about Exemption from audit requirement. It is under Chapter 15 (Audit) of the Act. (1) A company is exempt from the requirements of this Act relating to the audit of accounts in respect of a financial year if— (a) it has not carried […]
Section 401 Companies and Allied Matters Act (CAMA) 2020
Section 401 CAMA 2020 Section 401 Companies and Allied Matters Act is about Appointment of auditors. It is under Chapter 15 (Audit) of the Act. (1) Every company shall at each annual general meeting appoint an auditor or auditors to audit the financial statements of the company, and to hold office from the conclusion of […]
Section 400 Companies and Allied Matters Act (CAMA) 2020
Section 400 CAMA 2020 Section 400 Companies and Allied Matters Act is about Power to alter accounting requirements. It is under Chapter 14 (Financial statements, audit and accounting records) of the Act. The Minister may after consultation with the Financial Reporting Council of Nigeria by regulations in a statutory instrument— (a) add to the classes […]
Section 399 Companies and Allied Matters Act (CAMA) 2020
Section 399 CAMA 2020 Section 399 Companies and Allied Matters Act is about Publication of a bridged financial statements. It is under Chapter 14 (Financial statements, audit and accounting records) of the Act. (1) This section applies to the publication by a company of abridged financial statements, that is to say, any balance sheet or […]
Section 398 Companies and Allied Matters Act (CAMA) 2020
Section 398 CAMA 2020 Section 398 Companies and Allied Matters Act is about Publication by a company of full individual or group financial statements.Fourth Schedule. It is under Chapter 14 (Financial statements, audit and accounting records) of the Act. (1) This section applies to the publication by a company of full individual or group financial […]
Section 397 Companies and Allied Matters Act (CAMA) 2020
Section 397 CAMA 2020 Section 397 Companies and Allied Matters Act is about Modified financial statements of holding company. It is under Chapter 14 (Financial statements, audit and accounting records) of the Act. (1) This section applies to a holding company where in respect of a year section 379 requires the preparation of group financial […]