Accountability Of Financial Officers For Reporting System Controls

Mondaq Business BriefingUnited Kingdom Law Articles in English (2009)

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Accountability Of Financial Officers For Reporting System Controls

Legislation will be introduced in Finance Bill 2009 (expected on

30 April 2009) to ensure that accounting systems in operation

within large UK tax paying groups are adequate for the purposes of

accurate tax reporting (ie tax returns and supporting

computations).

The measure

Senior accounting officers (likely to be the Finance Director)

of ...

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