ADVOKS GLOBAL · KENYA
Companies Act
676. Requirements in connection with publication of statutory financial statement
Edition: 2024-12-27 · In force
676. Requirements in connection with publication of statutory financial statement
(1)When publishing its statutory financial statement, a company shall enclose with or annex to the statement a copy of the auditor’s report on that financial statement, unless the company is exempt from audit and the directors have taken advantage of that exemption.(2)A company that prepares a statutory group financial statement for a financial year shall also publish with it its statutory individual financial statement for that year.(3)A company's statutory financial statement is its financial statement for a financial year as required to be lodged with the Registrar under section 686.(4)If a company fails to comply with subsection (1) or (2), the company, and each officer of the company who is in default, commit an offence and are liable on conviction to a fine not exceeding five hundred thousand shillings.(5)This section does not apply in relation to the provision by a company of a summary financial statement under section 665.