Corporate Organization And Management Electronic Resource

Cover Corporate Organization And Management Electronic Resource
Corporate Organization And Management Electronic Resource
Thomas Conyngton
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"Campbell Milk Co. V. U. S. Fidelity & G. Co. , 161 App. Div. (N. Y. ) 738 (1914).
CHAPTER XLVII THE TREASURER'S REPORTS § 354- The Report to Directors In the smaller corporations the directors usually keep in close touch with both the corporate business and its records, and a formal report from the treasurer will hardly be required more than once a year.
In the larger corporations monthly reports showing the condition of the corporate affairs are usually required, the details and scope of thes
...e reports depending somewhat on the nature of the corporate business. An annual report is also made at the end of the corporate year, usually similar in form to the monthly reports but covering the operations of the entire year.
There should be no reservations in the treasurer's report to the directors. The directors are responsible for the man- agement of the business and should be fully informed on every detail of the corporate operations that will assist them in the intelligent and capable discharge of this responsibility.


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