ABSTRACT
As the Report of the Working Party on the Harmonisation of Company Law in the Caribbean Community has noted, the imposition of mandatory requirements upon companies with respect to the keeping and disclosure of proper accounts in which the company’s assets and liabilities are set out has always been a feature of regional company legislation. 1 The objective of these requirements is to ensure that full and accurate financial information which is essential to assessing the success or otherwise of the company is disclosed publicly. In this way, the law aims to protect the interests of shareholders, those who manage the company, creditors and those wishing to invest in the company.
