Sometimes policy is policy because it is dictated by the law. It has to be company policy because to do anything else is against the law. This is an interesting policy statement. This company secretary has gone through the
and analysed what the Act dictates in relation to financial records and financial reports for her LARGE PTY LTD company, and then prepared the policy statement to show it to the other directors. This then becomes her policy statement regarding financial records and financial reports. Some of this will not be relevant to her company but she chooses to leave it in the policy statement and simply write against it NOT APPLICABLE, as it might become applicable further down the track if circumstances change. You need to check it against the Act and you can refine it to suit your own circumstances, but a good place to start. Australian corporate law.
Policy statement showing list of financial records and financial reports required for LARGE PTY LTD company.