Contents and Form of Accounts - Accounts and audit:
By s.149(1), every balance sheet shall give a true and fair view of the state of affairs of the company as at the end of its financial year, and each and every profit and loss of account shall give a true and fair view of the profit or loss of the company for the financial year.
By s.149(2), a company's balance sheet and profit and loss account shall comply with the requirements of the Sixth Schedule to the Act, (subject to such modifications as the registrar may, so at the application or with the consent of the company's directors probably allow).