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Financial Accounting

C/L/508. Companies Act 2006 on statutory reserves, distribution of shares, and balance sheets

WORDS:
2250
DATE:
2010
PRICE:
29.99 GBP

The paper looks at statutory reserves required by state regulatory authorities reviewing the UK Companies Act (CA) 2006 and arguing whether a reserve arising from the reduction of capital may be treated as a realised profit. A case study of Webb Ltd is conducted analysing their redeemable shares and balance sheet in the context of the CA 2006

 

KEYWORDS: Companies Act 2006, statutory reserves, shares, balance sheet,

 
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