What are the company financial reporting requirements in your country?

[Min George]

In most countries, companies are expected to report their financial transactions by publishing them publicly. For some countries, it is required once a year. For other countries, it is required bi-yearly.

What is the financial reporting requirements for your country?

 

[Augusta]

I think a company in my country is published their balance sheet at the end of a fiscal year

 

[Suba]

Company financial reporting or financial statements consisting of balance sheets, income statements and retained earnings must be audited by an accountant before being published, and this rule only applies to companies that have issued shares, for tax reporting, etc. In general, financial statements are published once a year, but some are twice a year, all depending on the company, not government regulations.

 

[Kera]

The annual account statements must be accurate. It should tally with the externally audited account.

 

[Springtime]

For public listed companies, they need to publish audited financial statements once a year. For private companies, they still need to do auditing. Their audited statements must be submitted to the shareholders during the Annual General Meeting. In addition, when the company file the tax return, they need to submit the audited statements as supporting documents.