New Accountant Signature Model Requirement
The Registrar of Companies has announced that all limited companies are now required to submit the name and specimen signature of the accountant responsible for preparing their financial statements, as part of measures to combat fraudulent financial reporting.
Companies must provide an accountant specimen signature to the registry. The signature will be cross-referenced against all submitted accounts to verify authenticity.
WHAT COMPANIES MUST DO
- The accountant’s name and specimen signature must be filed with the Companies Registry.
- Signatures will be verified against all future account submissions.
- Companies that previously submitted accounts with endorsement letters must also comply.
- The measure directly targets falsified financial reporting.