sec.47IAccounts [SM, s 154 ]

### sec.47I Accounts [SM, s 154 ] The statement of accounts may be prepared on a cash or accrual basis. If the accounts are prepared on a cash basis, they must include disclosure of the following— the total amounts paid to the fund established under section 33 (1) (i) and the account established under section 33 (1) (k) ; total contributions in arrears; balances for all financial institution accounts and investments; all outstanding receipts and payments. If the accounts are prepared on an accrual basis, they must show the assets and liabilities of the principal body corporate at the end of the financial year for which the accounts are prepared. The statement of accounts must include— the corresponding figures for the previous financial year; and disclosure of all remuneration, allowances or expenses paid to members of the executive committee, identifying the total amounts paid to each member during the financial year under the following categories— remuneration or allowances; expenses, split up into travelling, accommodation, meal and other expenses. A copy of the statement of accounts must accompany the notice of the annual general meeting first happening after the end of the financial year for which the accounts are prepared. s 47I ins 2009 No. 26 s 86 (sec.47I-ssec.1) The statement of accounts may be prepared on a cash or accrual basis. (sec.47I-ssec.2) If the accounts are prepared on a cash basis, they must include disclosure of the following— the total amounts paid to the fund established under section 33 (1) (i) and the account established under section 33 (1) (k) ; total contributions in arrears; balances for all financial institution accounts and investments; all outstanding receipts and payments. (sec.47I-ssec.3) If the accounts are prepared on an accrual basis, they must show the assets and liabilities of the principal body corporate at the end of the financial year for which the accounts are prepared. (sec.47I-ssec.4) The statement of accounts must include— the corresponding figures for the previous financial year; and disclosure of all remuneration, allowances or expenses paid to members of the executive committee, identifying the total amounts paid to each member during the financial year under the following categories— remuneration or allowances; expenses, split up into travelling, accommodation, meal and other expenses. (sec.47I-ssec.5) A copy of the statement of accounts must accompany the notice of the annual general meeting first happening after the end of the financial year for which the accounts are prepared. - (a) the total amounts paid to the fund established under section 33 (1) (i) and the account established under section 33 (1) (k) ; - (b) total contributions in arrears; - (c) balances for all financial institution accounts and investments; - (d) all outstanding receipts and payments. - (a) the corresponding figures for the previous financial year; and - (b) disclosure of all remuneration, allowances or expenses paid to members of the executive committee, identifying the total amounts paid to each member during the financial year under the following categories— (i) remuneration or allowances; (ii) expenses, split up into travelling, accommodation, meal and other expenses. - (i) remuneration or allowances; - (ii) expenses, split up into travelling, accommodation, meal and other expenses. - (i) remuneration or allowances; - (ii) expenses, split up into travelling, accommodation, meal and other expenses.