Print Options

(1) A non-bank financial institution licensed under this Act shall keep account- ing records in a manner that gives an accurate and reliable account of its transactions and the accounts prepared from the records shall give a true and fair view of the state of affairs of the institution and its results for the accounting periods.

(2) The books of account and other accounting records to which this section applies shall be kept in Ghana and shall comply with the requirements of

(a) the Companies Act 1963 (Act 179),

(b) International Financial Reporting Standards, and

(c) other requirements that the Bank may prescribe in writing.

(3) A non-bank financial institution shall preserve the books of account and other accounting records referred to in this section for a period of not less than ten years.