What to keep in mind
The review identifies mandatory books, authorization status, gaps and supporting records, followed by legally appropriate steps to bring records up to date.
Late or unsupported entries can impair the reliability of company records and complicate disputes or audits.
Distinctions often confused
Keeping tax records does not eliminate duties concerning corporate minutes, shareholder registers or properly authorized books.
Frequently asked questions
Can missing records simply be copied into a new book?
Only through procedures consistent with the legal and factual situation; backdated fictitious entries are inappropriate.
Must a company use physical books?
This depends on its legal form, jurisdiction and the availability of authorized digital-book systems.
Informational content. It is not a substitute for professional advice.