This podcast is relevant to F4 (LSO). The Companies Act (CA) 2011 defines a ‘promoter’ to mean any person who applies for incorporation of a company. This podcast considers the definition of a promoter, preliminary contracts made by promoters and the duties and liabilities of a promoter.
This podcast is relevant to candidates preparing for P6 (MYS) and the laws referred to are those in force at 31 March 2016. It discusses only the provisions in the Income Tax Act 1967 (the Act). While listening to this podcast, candidates are encouraged to make concurrent references to the relevant provisions of the Act, as amended.
In recent years, the International Auditing and Assurance Standards Board (IAASB) has considered the issue of auditing disclosures in financial statements, prompted by a number of factors including developments in IFRS requirements and the increased level of complexity and subjectivity involved in the preparation of information to be disclosed in financial statements. This podcasts examines this issue, and reminds candidates to review the examinable documents list for guidance.