The ORC canceled the need for small enterprises to have an auditor review their financial accounts.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Office of the Registrar of Companies (ORC), has waived the requirement for small businesses to have their financial statements audited by an auditor in accordance with Section 137 of the Companies Act, 2019 (Act 992).

In accordance with the same Section 137 of the Companies Act, the requirement for small businesses to ensure the publication of an auditor’s report has also been waived by the ORC.

Source: newsthemegh.com