[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-162594-105":53,"doc-detail-162594-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","resolution-of-the-board-of-directors-approval-of-financial-statements-and-shareholderdirector-consents","RESOLUTION OF THE BOARD OF DIRECTORS - Approval of Financial Statements and Shareholder/Director Consents","","Board resolutions template for a medicine professional corporation covering approval of unaudited financial statements for the fiscal year, authorization for the sole director to sign the balance sheet, and submission to voting shareholders. Includes shareholder resolutions confirming corporate proceedings, electing a director by special resolution until the next annual meeting, and granting consent to exempt the corporation from audit under Ontario legislation for the ensuing and subsequent fiscal years until revoked. Also provides director consent requirements and officer designation with appointments such as president.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/resolution-of-the-board-of-directors-approval-of-financial-statements-and-shareholderdirector-consents/162594/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/resolution-of-the-board-of-directors-approval-of-financial-statements-and-shareholderdirector-consents/162594.png","ImageObject",442,249,{"name":88,"@type":89},"Fahsai","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-22","2026-08-30",true,{"@type":98,"interactionType":99,"userInteractionCount":47},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What financial statements does the board approve under these resolutions?","Question",{"text":108,"@type":109},"The resolutions approve the unaudited financial statements, consisting of a Statement of Profits and Loss and a Balance Sheet as of the period ending the financial year end, together with draft accountants’ comments.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What authority is granted to the sole director after approval of the financial statements?",{"text":113,"@type":109},"The sole director is authorized to sign the Balance Sheet to evidence approval, and the financial statements must be submitted to shareholders entitled to vote on matters of the corporation.",{"name":115,"@type":106,"acceptedAnswer":116},"What does the shareholder consent for exemption from audit cover?",{"text":117,"@type":109},"Shareholders consent to exemption from the audit provisions set out in Part XII of the Ontario Business Corporations Act for the ensuing fiscal year and each subsequent fiscal year until the consent is revoked.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},162594,1788127014,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":73,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":125,"read_time":73},549768702563,"https://ap-avatar.wpscdn.com/avatar/8000c4aa63b76e948b?x-image-process=image/resize,m_fixed,w_180,h_180&k=1786536092046926083","RESOLUTION OF THE BOARD OF DIRECTORS\nOF\n[INSERT NAME] Medicine Professional Corporation\n(the “Corporation”)\nAPPROVAL OF FINANCIAL STATEMENTS\nBE IT RESOLVED THAT the unaudited financial statements of the Corporation of the fiscal year ending ( , 2006 (the “Financial Year End”) which have been prepared by the accountants of the Corporation, consisting of a Statement of Profits and Loss and a Balance Sheet as of a period ending at the Financial Year End, together with a draft of the accountants’ comments theron be and the same are hereby approved, and the sole director is hereby authorized to sign the Balance Sheet to evidence such approval, and be further resolved that the said financial statements be submitted to the shareholders of the Corporation who are entitled to vote on matters of the Corporation.\nTHE FOREGOING RESOLUTIONS are hereby consented to by the sole director of the Corporation, as evidenced by his or her signature hereto in accordance with the provisions of section 129(1) of the Business Corporations Act (Ontario), on \u003Cdate stamp>.\n______________________________\nDr. [INSERT NAME]\n\u000f\nRESOLUTIONS OF THE VOTING SHAREHOLDERS\nOF\n[INSERT NAME] Medicine Professional Corporation\n(the “Corporation”)\nFINANCIAL STATEMENTS\nBE IT RESOLVED THAT the unaudited financial statements of the Corporation for the fiscal period ending ( , 2006 (the “Financial Year End”), which have been prepared by the accountants of he Corporation, consisting of a Statement of Profits and Loss and a Balance Sheet as of a period ending at the Financial Year End, together with the accountants’ comments theron be and the same are hereby approved.\nCONFIRMATION OF PROCEEDINGS\nBE IT RESOLVED THAT:\nall by-laws, resolutions, contracts, proceedings, elections and appointments, enacted, passed, made or taken by the shareholders, directors or officers of the Corporation, at any time since the incorporation of the Corporation (known collectively as the “Corporate Proceedings”) as the same are set forth or referred to in the minutes of the shareholders and directors for the Corporation and in the other records of the Corporate Proceedings, and all acts and proceedings taken by the directors, officers, agents or employees of the Corporation under the authority of or pursuant to any of the Corporate Proceedings be and the same are hereby ratified and confirmed with the effect stated in such Corporate Proceeding; and\ninsofar as any such Corporate Proceeding shall not have been validly enacted, passed, sanctioned, confirmed, authorized or made, the same is hereby for greater certainty enacted, passed, sanctioned, confirmed, authorized or made, with retroactive effect, and in all other respects with the effect stated in the minutes and records of the Corporation.\nELECTION OF DIRECTOR\nBE IT RESOLVED AS A SPECIAL RESOLUTION OF THE CORPORATION THAT Dr. [INSERT NAME] be and he or she is hereby elected director of the Corporation to hold office until the next annual meeting of the shareholders or annual resolutions of the shareholders of the Corporation or until his successor is duly elected, subject to the provisions of the by-laws of the Corporation and the provisions of the Business Corporations Act (Ontario).\nTHE FOREGOING RESOLUTIONS are hereby consented to by the sole director of the Corporation, as evidenced by his or her signature hereto in accordance with the provisions of section 129(1) of the Business Corporations Act (Ontario), on    [INSERT DATE ],2006.\nDr.\n\u000fCONSENT OF SHAREHOLDERS TO EXEMPTION FROM AUDIT\n[INSERT NAME] Medicine Professional Corporation\n(the “Corporation”)\nThe undersigned, being the shareholders of  the Corporation, hereby declares that the Corporation is not offering its securities to the public.\nPursuant to section 148 of the Business Corporations Act (Ontario), the undersigned shareholders hereby consent to the exemption of the Corporation from the audit provisions set out in Part XII of the said Act in respect of the ensuing fiscal year of th","cbCaibxV5DlB22Cp","https://ap.wps.com/l/cbCaibxV5DlB22Cp","docx",30863,6,"English","# Approval of Financial Statements\n## Director Authorization to Sign Balance Sheet\n# Resolutions of Voting Shareholders\n## Confirmation of Proceedings\n## Election of Director\n## Consent to Exemption From Audit\n# Consent to Act as Director\n# Designation of Offices and Appointment of Officers","[{\"question\":\"What financial statements does the board approve under these resolutions?\",\"answer\":\"The resolutions approve the unaudited financial statements, consisting of a Statement of Profits and Loss and a Balance Sheet as of the period ending the financial year end, together with draft accountants’ comments.\"},{\"question\":\"What authority is granted to the sole director after approval of the financial statements?\",\"answer\":\"The sole director is authorized to sign the Balance Sheet to evidence approval, and the financial statements must be submitted to shareholders entitled to vote on matters of the corporation.\"},{\"question\":\"What does the shareholder consent for exemption from audit cover?\",\"answer\":\"Shareholders consent to exemption from the audit provisions set out in Part XII of the Ontario Business Corporations Act for the ensuing fiscal year and each subsequent fiscal year until the consent is revoked.\"}]","RESOLUTION OF THE BOARD OF DIRECTORS - Approval of Financial Statements and Shareholder/Director Consents | DOCX"]