As one of his conditions of membership, he is required to have voted for an examination in accounting and allied fields of study.  The recognised ballet company must too as have the power to prohibit as of membership those persons found guilty of negligence in the performance of their duties otherwise of conduct that is ignominious to their profession.
The accounting officer is compulsory to: verify whether the pecuniary account are in accordance with the accounting records, resolve the accounting policies useful in the preparation of the monetary record and report to members on the above matters.
When the accounting officer is a member otherwise employee of a corporation, he must state this fact in his report.  In the stage his duties the accounting officer has, in accordance with the Devoted Corporations Act, acceptably of access to the accounting records and additional in rank of the corporation and is unrestricted to acquire some indispensable explanations from members.  If, in the performance of his duties, an accounting officer becomes experienced taking place one contravention of a provision of the Devoted Corporations Proceed, he essential describe the nature of the contravention in his report, irrespective of whether the contravention is material.
If the accounting officer becomes discerning in the course of the performance of his duties that any adjustment in the particulars of the founding statement have not been registered, before that the monetary statements indicate that as on the end of the pecuniary day apprehensive the corporation’s liabilities exceed its assets he essential report at once, by registered place of duty to the Registrar.  If the accounting officer next to any schedule knows, before has reason to consider, that the corporation is not shipping on affair and has no target of resuming operations in the foreseeable outlook, he must immediately details similar to the Registrar.
An accounting officer who resigns before who is indifferent as of office must immediately tell all member of the corporation thereof in inscription and must propel a copy of his letter to the registered staff of the corporation.  An accounting officer who is indifferent commencing office essential consider the reasons for his removal.  If he considers that he was unconcerned representing unfounded reasons, he must immediately put in the picture the Registrar and transmit a copy of his letter to all member in the corporation.
At the end of the day it is the responsibility of the members to ensure that the accounting officer has arranged the pecuniary statements to positively be the affairs of the corporation and that are arranged in accordance with commonly customary accounting observe apt to the business of the corporation.  If the members and before the accounting officer go bankrupt to comply with this responsibility, they can be real guilty of mismanagement.