Blogger
Share this content
0
0
3519

Group audit thresholds

'Dormant' holding company (other than potentially dividend being received from subsidiary) with trading subsidiary.

Subsidiary individually breaches the £3.26m gross asset threshold for audit purporses but, the group does not breach the £3.90m gross asset rule.

Turnover and employees are below the audit threshold.

Does the subsidiary require an audit? and does the holding company?

Replies

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.