Financial management of Articles of Association as per law includes provisions for:

Financial Reporting and Disclosure

1. Annual audited financial statements
2. Quarterly financial reports
3. Dividend distribution procedures
4. Financial statement disclosure requirements
5. Independent audit requirements

Capital Structure and Management

1. Authorized share capital
2. Issued share capital
3. Share classification (ordinary, preference)
4. Share transfer restrictions
5. Capitalization issues (share issuances, conversions)

Financial Administration

1. Financial officer appointment and duties
2. Accounting procedures
3. Budgeting and forecasting
4. Risk management and internal controls
5. Financial record-keeping and storage

Accounting Standards and Framework

1. Compliance with Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS)
2. Accounting standard-setting bodies (e.g., Financial Accounting Standards Board (FASB))
3. Financial reporting framework (e.g., Financial Reporting Council (FRC))

Financial Governance

1. Audit committee establishment
2. Audit committee duties
3. Internal audit functions
4. Whistleblower protection
5. Compliance with regulatory requirements

Regulatory Compliance

1. Securities laws and regulations (e.g., Securities Act 1933, Securities Exchange Act 1934)
2. Financial industry regulations (e.g., FINRA, NYSE)
3. Tax laws and regulations (e.g., income tax, value-added tax (VAT))
4. Anti-money laundering (AML) and know-your-customer (KYC) regulations
5. Compliance with industry-specific regulations

Best Practices

1. Regular financial review and analysis
2. Financial planning and forecasting
3. Risk management and mitigation
4. Transparency and accountability
5. Compliance with regulatory requirements

Consequences of Non-Compliance

1. Penalties and fines
2. Legal action
3. Reputation damage
4. Loss of licenses or permits
5. Criminal liability

Key Laws and Regulations

1. Securities Act 1933 (US)
2. Securities Exchange Act 1934 (US)
3. Companies Act 2006 (UK)
4. Canada Business Corporations Act (Canada)
5. European Union’s Prospectus Directive

Industry-Specific Regulations

1. Financial Industry Regulatory Authority (FINRA)
2. New York Stock Exchange (NYSE)
3. London Stock Exchange (LSE)
4. Toronto Stock Exchange (TSX)
5. Industry-specific codes and standards.