Consultation Paper P50-001 Audit & GAAP Orders 2009 .01.14 FINAL

CONSULTATION PAPER NO. 1 2010 COMPANIES (AUDIT) (JERSEY) ORDER 201- COMPANIES (GAAP) (JERSEY) ORDER 201- Orders to be made under the revised Part 16 of the Companies (Jersey) Law 1991 ISSUED JANUARY 2010 CONSULTATION PAPER The Jersey Financial Services Commission (the “Commission”) invites comments on this consultation paper. Responses should be sent directly to the Commission by 15 February 2010. If you require any assistance, clarification or wish to discuss any aspect of the proposal prior to formulating a response, it is of course appropriate to contact the Commission. Responses should be sent to: Andrew Le Brun Director – International & Policy Division Jersey Financial Services Commission PO Box 267 14-18 Castle Street St Helier Jersey JE4 8TP Telephone: +44 (0)1534 822065 Facsimile: +44 (0)1534 822001 Email: a.lebrun@jerseyfsc.org It is the policy of the Commission to make the content of all responses available for public inspection unless specifically requested otherwise. 2 of 26 ISSUED JANUARY 2010 Glossary of terms GAAP means generally accepted accounting principles IFRS means International Financial Reporting Standards IOSCO means the International Organisation of Securities Commissions JSCCA means the Jersey Society of Chartered and Certified Accountants 1market traded company means a Jersey company whose securities are admitted to trading on a ...