8.Name any 5 matters which must be included in the annual report in terms of Co’s Act, s211?9.Explain briefly what the term ‘FMC reporting entity’ means?
10.How long do directors of active companies have to prepare financial statements? 11.Which entities must be audited in terms of: a.The Companies Act, S206? (1) (a) every large company unless subsection (2) applies; and (b) every company that is a public entity; and (c) every large overseas company; and (d) every company with 10 or more shareholders unless the company has opted out of compliance with that section in accordance with section 207I; and (e) every company with fewer than 10 shareholders if the company has opted into compliance with the section in accordance with section 207K(2) Subsection (1)(a) does not apply to a large company (A) if—. ; b.The FMC Act (S461D)? 12.What are the maximum penalties for an auditor who knowingly issues a false or misleading audit report? 13.Which auditors are affected by the Auditor Regulation Act 2011 and what are the two main requirements imposed on them?