Business News of Friday, 10 January 2020Source: classfmonline.comSEC gives auditors, accountants new registration guidelinesSecurities and Exchange CommissionThe Securities and Exchange Commission (SEC) has issued guidelines on the registrations of auditors of public companies and SEC licence as well as the registration of accountants reporting for public companies. In addition, the reporting Accountant may be barred from performing any further work in the securities market. Where there is a breach of any provision stipulated in these guidelines by a reporting Accountant, SEC may take any action(s) specified under section 209 or any other relevant provision applicable under the Securities Industry Act 2016. The regulator also reserves the right to cancel the registration of the reporting Accountant from its register. This is pursuant to Section 122 (2) of the Securities Industry Act, 2016 (Act 929).

Source: GhanaWeb January 10, 2020 12:33 UTC