A-Levels Accounting A2 Unit 3 (5 Published Accounts of Limited Companies) Flashcards on Published Accounts of Limited Companies - FLASH CARDS, created by Harshad Karia on 05/18/2014.
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Created by Harshad Karia
almost 10 years ago
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Created by Harshad Karia
almost 10 years ago
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Do Published Accounts of Limited Companies require notes for their financial statements?
Which IAS says the notes are required with Financial statements?
Why are notes required with financial statements?
What is the accounting policy on when there are changes in accounting
policies?
What is the accounting policy on accounting methods?
What is the main accounting policy?
What is the accounting policy if there's a IAS and IFRS?
Why are accounting policies important to the user?
What has to be shown in the Balance Sheet of Limited Companies?
Is Share Capital to be on Balance sheet?
What is required to be shown in the Share Capital?
What are the current assets that need to be included in the balance sheet of Limited Companies?
What are the current Liabilities that need to be included in the balance sheet of Limited Companies?
What Published Accounts are required to be produced by a Limited Company?
What are Statutory Accounts?
What are the Annual Report and accounts?
What does the Statement of Changes in Equity show?
Is the Statement of Changes in Equity classes as one of the financial statements?
What does the Cash Flow Statements show?
How should Expense be analysed for manufacturing companies and trading companies?
What is classed as Distribution expenses?
What is classed as Sales and marketing expenses?
what is classed as Administrative Expenses?
Who are the The Corporate Report: User Groups?
Who are interested in the Corporate Reports?
What are Internal Use Accounts used for?
What does the term 'Regulatory framework of accounting' mean?
How is the 'Regulatory framework of accounting' useful?
What are the Limitations of Published Accounts?
What are the Responsibilities of Directors in terms of the Company Act 2006?
What are the Responsibilities of Directors in terms of financial statements?
What are the Responsibilities of Directors in terms of statutory accounts, Annual accounts & Directors' Report?
What are the Main Provisions of the Acts in terms of the company’s accounting records?
What are the Main Provisions of the Acts in terms of the content of the company’s accounting records?
What are the Main Provisions of the Acts in terms of the company’s Financial statements?
What is the Main Provisions of the Acts for the director?
What must the Director's report include?
How is Dividends dealt with in the Financial Statements?
When is dividends paid?
How are the dividends values decided?
Where is the Auditors' Report report found?
When is an auditor appointed to check the accounts?
What is the 3 main sections of the Auditors' report?
When is the opinion of the auditor 'unqualified'?
