Quick poll! | AccountingWEB

Quick poll!

How many accountants out there think you still need to disclose directors' interests in share capital in the Directors' report?

Just having a whinge really - have had two sets of accounts from previous accountants in the last few weeks with several out of date disclosures, including directors interest in shares, dividends on the face of the P&L as a deduction from profit for the year, close company note, authorised share capital.

At least they did refer to CA2006 not 1985 - I had one at the back end of last year that still referred to CA 1985, oh, and a note in the directors report that the accountants were deemed to be appointed as accountants (yes, not auditors - it was audit exempt) under s386 of CA 1985?!? To be fair, that one was a complete pile of ****  - it didn't even have any accounting policy or P&L notes - the first note was fixed assets.

Problem is, if they aren't up to date on accounts disclosures, are they up to date with tax etc???

Thanks for 'listening' to my whinge - I work on my own, so its good to vent my frustrations ;)

There are 18 comments. Login or register to view them.

rolling forward data

James Hellyer |
James Hellyer's picture

Dividends on face of P&L a/c is excellent

DMGbus |
DMGbus's picture

A personal whinge

davidwinch |
davidwinch's picture

A further whinge...

DMGbus |
DMGbus's picture

Or maybe,

paulwakefield1 |

what does the client want?

Howell James |
Howell James's picture


Paul Scholes |
Paul Scholes's picture

Correct disclosure

Euan MacLennan |
Euan MacLennan's picture

Occasional request to file full accounts & transparency

rockallj |
rockallj's picture

Post credit crunch

colinhigginson |

Breach of client confidentiality

Roland195 |

I wouldn't mind accountants

Cath Walker |

Or maybe

Flash Gordon |

Not in my experience!  They

Cath Walker |


thomas34 |

Dividends in P&L definitely lawful (and good)

DMGbus |
DMGbus's picture

Full accounts at Companies House

DMGbus |
DMGbus's picture

But, as you say, only lawful if done right!

Cath Walker |