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Topic: Business
Number of pages / Number of words: 2 / 533
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The Panel can ask directors to explain apparent departures from the requirements. If the Panel is not satisfied by the directors’ explanations it aims to persuade the directors to adopt a more appropriate accounting treatment. The directors may then voluntarily withdraw their accounts and replace them with revised accounts that correct the matters in error...


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The directors may then voluntarily withdraw their accounts and replace them with revised accounts that correct the matters in error.

Accountancy and Actuarial Discipline Board (AADB)

The Accountancy Investigation and Discipline Board is the independent, investigative and disciplinary body for accountants in the UK...


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