Who signs the financial statements of a company?

The financial statements should also be signed by Managing Director, CEO, CFO, and the Company Secretary wherever such functionaries are mandated, whether or not they are present at the Board meeting at which the accounts are adopted.

Who can sign off financial statements?

If a company is required to be audited, then it’s financial statements must be signed off by a registered auditor (External auditors).

Who is responsible for presentation of financial reporting?

Management
Management is responsible for the preparation and fair presentation of these financial statements in accordance with the [state basis of accounting].

Do auditors sign financial statements?

The auditors sign the auditor’s report and also sign copies of all the financial statements. The auditors provide these documents to the board of directors of the company.

Who may be appointed as director?

Who may be appointed as a Director? Section 149 of the Companies Act provides that only an individual can be appointed as director. Thus, no body corporate, association or firm can be appointed director of a company.

Does the directors report need to be signed?

(1)The directors’ report must be approved by the board of directors and signed on behalf of the board by a director or the secretary of the company.

Can one director sign financial statements?

A. HOW MANY DIRECTORS MUST SIGN THE FINANCIAL STATEMENT? “Signing of financial statements by two directors out of which one shall be managing director, if any”. If there is no Managing Director in the Company, then atleast 2 directors shall sign the Financial Statement.

Who can sign accountants report?

Identity and qualification of the reporting accountant The report must be prepared and signed by an accountant who is a member of one of the chartered accountancy bodies and who is, or works for, a registered auditor.

Who are the preparers of financial statements?

The preparers of the financial statement by this paper are the accountants of the reporting entity (representing management) and accounting firm (serving as auditors). The role of accountant in producing accounting information is vital and significant.

Who is the signatory of the statement of management responsibility?

(iii) The Chairman of the Board, Chief Executive Officer and Chief Finance Officer shall all sign the Statement of Management’s Responsibility (SMR) as prescribed by this Rule. If provided in the company’s by-laws, persons holding equivalent position as that of the aforementioned signatories shall sign the statement.

Who signs an audit report?

The actual audit report may or may not include a signature sign-off from the auditor or audit team members. If an audit organization is not involved, then it would be the responsibility of the lead or principal auditor to sign the cover letter or audit report to approve its content.

Who prepares audited financial statements?

Who Prepares a Company’s Financial Statements? A company’s management has the responsibility for preparing the company’s financial statements and related disclosures. The company’s outside, independent auditor then subjects the financial statements and disclosures to an audit.