Question

When the audit of company accounts was made compulsory in England ?
a) 1802
b) 1840
c) 1844
d) 1850​

Answer 1

Answer:

1990

Answer. Answer: In addition, the act provided the appointment of auditors to check the accounts of the company. However, the annual presentation of the balance sheet to the shareholders and the requirement of a statutory audit were only made compulsory in 1990 under the Companies Act, 1862 (UK) ( Leung et al.,2007).

Answer 2

Answer:

1990

In addition,the act provided the appointment of auditors to check the accounts of the company. however,the annual presentation of the balance sheet to the shareholders and the requirement of a statutory audit were only made compulsory in 1990 under the Companies Act,1862 (Uk) (Leung et al.,2007).

Explanation:

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