AUE1601 Legal Aspects in Accountancy
University of South Africa
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Exam (elaborations)
AUE1601 REVISION PACK
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---26November 20212021/2022A+
- May/ June 2012 
Suggested Exam Solution 
1) MOI requirements regarding the issue of shares (private and 
shareholders’ rights) 
 The Board of the Company may resolve to issue shares of the Company at 
any time, but only within the classes, and to the extent that the shares have 
been authorized by or in terms of the Memorandum of Incorporation. 
 and without prejudice to any rights previously conferred on the holders of any 
shares or class of shares . 
 In the event of the Company is...
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ExellentStudyResources
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Exam (elaborations)
AUE1601_study_pack.
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---33November 20212021/2022A+
- QUESTION 1 15 marks 
REQUIRED 
a Which one of the following situations is in compliance with the requirements of the 
Companies Act 71 of 2008, as amended? (Topics 2 & 4) 
1 Lilly and Rose are going to register a new company, namely Flowers Limited. They are 
going to be the only directors of the company. 
2 Carnation Limited will have a shareholders meeting on 30 June 2013. The notice 
of the shareholders meeting was delivered on 20 June 2013 to each shareholder. 
3 The shareholders meeting of ...
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ExellentStudyResources
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Exam (elaborations)
EXAMPACK _ AUE1601
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---50October 20212021/2022A+
- Reference sec. 36 sec 38 (1) 
Board may shares of a company to the extent and within classes that have been 
authorized by the memorandum of corporation. 
The memorandum of incorporation sets out classes of shares and number of shares that 
the company is authorized to issue. 
Also specifies for each class distinguishing designation for that class and preference 
rights and limitations. 
The memorandum of incorporation may authorize a stated number of unclassified 
shares which are budget to cla...
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DoctorReinhad
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Exam (elaborations)
AUE1601 - Legal Aspects In Accountancy Study Notes And Revision Questions..
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--255October 20212021/2022A+
- AUE1601 - Legal Aspects In Accountancy Study Notes. Which one of the following statements is false in terms of the Companies Act? 
(a) A Memorandum of Incorporation and a record of the company directors form part 
of the company records that every company must maintain. 
(b) A private company does not have to be audited at all. 
(c) The annual financial statements of a public company must be audited. 
(d) A public company must appoint a company secretary who must be a permanent 
resident of the ...
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ExcelAcademia2026
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Exam (elaborations)
AUE 1601 Exam pack 2018- 2021.
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--127October 20212021/2022A+
- AUE 1601 Exam pack 2018- 2021. AUE1601 - Legal Aspects In Accountancy. Circumstances when an individual will be related to a juristic person include the following, 
 If the individual indirectly controls the juristic person 
 If the individual directly controls the juristic person 
Relationship between AAA and XYZ; 
Mr Xolani (the marketing director of AAA Hospitals Ltd) has a son who owns XYZ Motors. 
1.2) 
Public Companies Private Companies 
1 Listed on the Johnsonburg stock of Exchange ...
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ExcelAcademia2026
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Exam (elaborations)
AUE1601 EXAM PACK.
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--150October 20212021/2022A+
- AUE1601 EXAM PACK. Auditing. As the MO1 of the company states that the company is to be audited. The company has 
to be on compliance with its standards and rules set out in the memorandum of 
incorporation. 
 The company also has to comply with the companies act. In terms of regulations a 
company is to be externally audited if it has a public interest score of at least 100 and its 
financial statements were internally computed. 
 The memorandum of incorporation and the companies’ regul...
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ExcelAcademia2026
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Summary
AUE1601 EXAM PACK WITH SHORT _NOTES_F.pdf
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---55October 20212021/2022
- Legal aspects in Accountancy AUE1601 
OBJECTIVE 
The aim of this module is to enable learners to gain insight into aspects of the 
Companies Act 71 of 2008, as amended by the Companies Amendment Act 3 of 2011, 
the Companies Regulations, 2011, Close Corporations Act 69 of 1984, as amended, 
and other legislation of importance to accountants. 
THE COMPANIES ACT 
Questions in the examination will require application of knowledge. 
The majority of the marks will be awarded for the application of kn...
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lectdenis
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Exam (elaborations)
XAMINATION PACK AUE 1601 Exam pack PAST PAPER SOLUTIONS
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---27October 20212021/2022A
- XAMINATION PACK 
AUE 1601 Exam pack 
PAST PAPER SOLUTIONS 
AUE 1601 Exam pack 
MAY/JUNE 2018 
Question One 
1.1) Circumstances when an individual will be related to a juristic person include the following, 
 If the individual indirectly controls the juristic person 
 If the individual directly controls the juristic person 
Relationship between AAA and XYZ; 
Mr Xolani (the marketing director of AAA Hospitals Ltd) has a son who owns XYZ Motors. 
1.2) 
Public Companies Private Companies 
1 Li...
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$3.99 More Info
lectdenis