Accounting and auditing requirements of the Sudan Companies Act 1925: time for change

Abstract

The Sudan Companies Act 1925 is outdated. There is a need for substantial revision to the Act either in accordance with, for example, current UK legislation, or a framework more directly suited to the economic and legal environment of the Sudan. At a general level this should include the preparation of a profit and loss account, specific formats for the profit and loss account and balance sheet, notes to the accounts and an auditor’s report stating whether or not the accounts give a true and fair view of the state of a company’s affairs.

Citation

Brierley, J.A., El‐Nafabi, H.M. and Gwilliam, D.R. (2002), "Accounting and auditing requirements of the Sudan Companies Act 1925: time for change", Managerial Auditing Journal, Vol. 17 No. 3, pp. 113-116. https://doi.org/10.1108/02686900210419886