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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › SP in relation to share capital
maam what is the purpose of carrying out the following SP in relation to share capital:
“agree the authorised share capital and nominal value disclosures to underlying shareholding agreements.”
Ignore – the notion of authorised share capital as opposed to issued share capital was a UK-specific Companies Act requirement that was abolished in 2009.
