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CPAs are often asked by clients to be directors and/or officers. It is anticipated that with the new financial expert disclosure requirement of the Public Company Accounting Reform and Investor Protection Act of 20D2 (also known as the Sarbanes-Oxley Act), CPAs could receive even more requests to serve on corporate hoards. Under Section 407 of the Act, publicly traded companies are not required to have a financial expert on the audit committee, but must say if such an expert is present, and if not, why not, Thus, in the current litigious climate, it behooves public companies to adopt the best practice of including a ...
These resolutions are to be used in conjunction with the approval of various items during the annual meeting. The form specifically provides for the election of officers and the approval of financial statements. This form includes special formatting features to assist you in completing the agreement. This form can be used in the following provinces: Alberta, British Columbia , Manitoba, New Brunswick , Newfoundland and Labrador , Northwest Territories , Nova Scotia , Nunavut, Ontario, Prince Edward Island , Saskatchewan and Yukon. Category : Resolutions, Consents, Minutes & ... Read More
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