Audit Exempt Limited Company/Own accounts

yes main thing is filed on time now assuming you meet all other conditions. If you file late for companies office you lose exempition and would have to get current year and following year audited before becoming exempt again
 
You firstly need to decide whether to submit full or abridged accounts.
You also need to ensure that the accounts fulfil the presentation requirements of the Companies Acts 1963-2006 and that all relevant other Companies Acts requirements regarding meetings, the company register etc. have been complied with.

The above would of course be separate to any Revenue requirements regarding returns.

If you are unsure of your abilities to do all of this correctly, then appropriate professional assistance would be recommended.
 
If you are audit exempt do you have to return a Profit and Loss account or just the abridged balance sheet with the "Audit Exempt Statement".

Also is there any rules governing the selection of the final account formats in the companies ammendment act (CAA 86), or do you just pick the format you want?
 
PeterSellers said:
If you are audit exempt do you have to return a Profit and Loss account or just the abridged balance sheet with the "Audit Exempt Statement".

Also is there any rules governing the selection of the final account formats in the companies ammendment act (CAA 86), or do you just pick the format you want?
Click to expand...

The CRO has comprehensive [broken link removed] (No.10)on the audit exempt program with requirements for submissions.

However as I mentioned in my earlier post - If you are unsure of your abilities to do all of this correctly, then appropriate professional assistance would be recommended. Errors in CRO submissions can have costly results.
 
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