Vídeo palavras

Management and supervisory bodies In commercial companies

Limited Partnership

Limited Public Company

Limited Private Company

Partnership

Commercial Companies

Responsible for overseeing daily operations and setting strategic goals

Management Body

MAnagement

Management

Management

MAnagement

Information

Legal Duties

Skills

Administrator Duties

Management Bodies in Commercial Companies

Individual Management

Collective Management

Partnership

Responsible for managing the company, acting as its administrators

General Partners

Limited Partnership

The liability of the partners is limited to the value of their shares

Individual Management

Collective Management

Limited Private Company

It is possible to dismiss without just cause

German Model

Anglo-Saxon Model

Latin Model

Limited Public Company

SUPERVISORY BODIES IN COMMERCIAL COMPANIES

General and Supervisory Board

Single auditor

Audit Committe

Fiscal Board

Fiscal board or appoint a Certified Accountant

LIMITED PRIVATE COMPANIES

General Assembly

Average Number of Employees: 50

Total Balance Sheet: 1.5 million euros

Total sales and other income: 3 million euros

In public limited companies, supervision is mandatory

LIMITED PUBLIC COMPANIES

SINGLE AUDITOR or Fiscal Board

LATIN MODEL

AUDIT COMMITTEE AND Certified Public Accountant

AGLO- SAXON MODEL

Certified public accountant AnD General and Supervisory Board

GERMAN MODEL

Limited Partnerships

Partnerships

They may choose to have a Supervisory Board or a single auditor if Desired

tensions may arise due to strategiC disagreements or differing interpretations of the company's Objectives or financial reportS

These bodies must operate independently, Yet in harmonY

Well-defined Responsibilities

Effective Communication

independent audits

Thank you