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Group companies and the impact of proposed changes to audit exemption

Paul Skinner, Corporate Services Manager discusses the impact of proposed changes to audit exemption on Group companies

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Group Companies and the impact of recent changes to audit exemption

Following on from my initial Blog in May regarding the proposed changes to the level of audit exemption available in the UK, Government responses have now been published and I therefore set out the impact of these changes below. These changes came into force for accounting periods ending on or after 1 October 2012.

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