Accounts: Difference between revisions
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imported>Doug Williamson (Link with Abridged accounts page, instead of Abbreviated accounts.) |
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2. The internal financial summaries used by an organisation. | The externally reported financial statements of an organisation. | ||
These include summaries, in conventional and prescribed formats, of the organisation's assets, liabilities, income, expenditure and cash flows. | |||
2. | |||
The internal financial summaries used by an organisation. Also known as management accounts. | |||
3. | |||
The fully detailed internal financial records of an organisation, from which summary financial statements or management accounts may be prepared. | |||
== See also == | == See also == | ||
* [[Abridged accounts]] | * [[Abridged accounts]] | ||
* [[Account]] | |||
* [[Accounting]] | * [[Accounting]] | ||
* [[Financial statements]] | * [[Financial statements]] | ||
Revision as of 09:50, 11 May 2016
1.
The externally reported financial statements of an organisation.
These include summaries, in conventional and prescribed formats, of the organisation's assets, liabilities, income, expenditure and cash flows.
2.
The internal financial summaries used by an organisation. Also known as management accounts.
3.
The fully detailed internal financial records of an organisation, from which summary financial statements or management accounts may be prepared.
