This document supersedes the previous impact assessment published with the government response to the consultation on audit exemptions for small companies.
It covers changes made in 2012 to:
align audit exemptions with accounting exemptions for small companies exempt subsidiaries from mandatory audit where their debts are guaranteed by a parent company in the EU exempt dormant subsidiaries with parent company guarantees from preparation and filing and / or filing of accountsThis final impact assessment was approved by the Regulatory Policy Committee in May 2014.
https://www.gov.uk/government/publications/audit-exemptions-revised-final-stage-impact-assessment
seen at 16:31, 29 August in Publications on GOV.UK.Email this to a friend.