Off-balance sheet finance and Period of account: Difference between pages

Latest revision as of 14:28, 6 July 2022

Financial reporting.

A period for which a company prepares a set of statutory accounts.

Also known as accounting period.

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-Any form of finance that does not result in a corresponding liability appearing on the entity's published balance sheet.
+''Financial reporting''.
+A period for which a company prepares a set of statutory accounts.
-On double-entry principles the asset being financed cannot appear either.
+Also known as ''accounting period.''
-The effect of such financing and accounting methods is to show the company's borrowings and financial risk at a lower level than they really are.
 == See also ==
-* [[Balance sheet]]
+* [[Account]]
-* [[Double entry]]
+* [[Accounting reference date]]
-* [[ED 2010/9]]
+* [[Chargeable accounting period]]
-* [[Finance lease]]
+* [[Financial reporting]]
-* [[Gearing]]
-* [[IAS 17]]
+[[Category:Accounting,_tax_and_regulation]]
-* [[Liabilities]]
-* [[Off balance sheet]]