ABSTRACT
Pressures for more disclosure The 1948 Companies Act required group accounts; the 1967 Act required companies to disclose total turnover and to analyse sales and profits between different business segments and between geographical areas. The 1981 Act set out detailed EU format requirements for accounts; the 1985 Companies Act mainly consolidated earlier Acts; and the 1989 Act made changes in respect of group accounts. A new comprehensive review of company law is currently under way.
