The Business Review and Directors Report - companies act 2006
All company accounts, with reporting periods beginning on or after 1st October 2007, will have to include a Business Review.
The review must be a fair review of the company’s business within the particular reporting period and:
- has to be balanced
- must show a comprehensive analysis of the development of the business and performance
- a description of the principal risks
This fortunately does not include small company accounts.
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