Recognised Supervisory Bodies - Company Formation - UK Registration Services

These bodies are deemed to have sufficient rules and guidelines in place to promote best practice with in the auditing profession. In addition adequate disciplinary measures are in place to deal with instances where an auditor may fail to comply with the rules relating to professional conduct and skill during his work.

The relevant bodies are:

• The ICAEW
  
• The ICAS
  
• The ICAI
  
• The ACCA
  
• The AAPA

Although auditors may be hired to satisfy the primary purpose of of carrying out an audit, they are frequently called upon to perform other tasks. These tasks may include:

• Management accounts preparation
  
• Due diligence work
  
• Payroll services
  
• Corporate valuations
  
• Bookkeeping services
  
• Business start-up advice
  
• Company secretarial duties
  
• Forensic accounting services
  
• Corporate tax planning
  
• Estate planning
  
• Personal tax planning
  
• Retirement strategies
  
• Self assessment
  
• Trusts & executorships
  
• VAT

1. Forming A Company Just Became Easier

2. Statutory Requirements For New Companies

• Issue and Allotment of Shares
• Transfer of Shares
• Dividends
• Company Meetings
• Company Notices
• Directors Meetings
• Single Member Companies

3. Non Profit Organisations

• Options for incorporated not-for-profit organisations
• Companies House Coding System
• Non s30 companies
• Royal Charter
• Charitable Companies

4. Company Directors and Secretaries

• An introduction to limited companies
• Role and duties of a company director
• Role and duties of a company secretary
• What you have to send to Companies House
• Quality of company documents
• Further information

5. Annual Returns

• Completing an annual return
• Completing the shuttle annual return Form 363s

6. Accounts and Accounting Reference Dates

• Accounting reference dates
• Submitting accounts to Companies House
• What if the accounts are delivered late?
• Small and medium sized companies accounts submission
• Very small company audit exemptions
• Audit exemptions and accounts to shareholders
• Exemption from audits for dormant companies
• What happens if my company starts trading again?
• Partnership accounts

7. Company Auditors

• Appointment of auditors
• Dormant company audit exemption
• What and who are recognised supervisory bodies?
• Removal of auditors

8. Share Capital and Prospectuses

• Share capital
• What is issued capital?
• Non-cash payments?
• Are there different types of shares?
• Can class rights be amended?
• Redemption and purchase of own shares?
• Prospectuses and listing particulars

9. Late Filing Penalties

• Late filing penalties
• Late filing penalties need not be necessary
• Once a late filing penalty has been imposed
• Further information

10. The Costs and Benefits of Company Registration

• Company Formation Introduction
• Costs and benefits of limited liability
• Restrictions and costs of setting up a company I
• Restrictions and costs of setting up a company II
• Restrictions and costs of setting up a company III
• Restrictions and costs of setting up a company IV
• The registration of company names
• The company’s constitution and the ultra vires rule
• Summary and conclusions