FINANCIAL REPORTING COUNCIL OF NIGERIA ACT, 2011 (AS AMENDED)
Section 58: Monitoring of financial statements and reports .
(1) Where any public interest entity is required under any enactment to file its financial statements and reports with a government department or authority, the Council or any officer authorised by it in writing, may review the financial statements and reports of an entity filed with the government department or authority to determine whether the financial statements and reports are in compliance with this Act
(2) The Council, or any officer authorised by it, in writing may seek further information or clarification from-
(a) any director of any public interest entity;
(b) an employee of a public interest entity;
(c) any professional accountant responsible for the audit of the financial statements of that public interest entity; and
(d) any other person or institution with relevant information and such director, employee, professional accountant, institution or other person shall comply.
(3) Where a public interest entity files any financial statements and report with any government department or authority, the entity shall also file a copy of the financial statements and reports with the Council within 30 days, in such manner as may be set out in the rules of the Council.
Cite this section
Section 58, FINANCIAL REPORTING COUNCIL OF NIGERIA ACT, 2011 (AS AMENDED) (2011).
https://repo.podus.ai/laws/financial-reporting-council-of-nigeria-act-2011-as-amended/section/58/