accounts


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See: budget, finance, ledger

accounts (of limited companies)

annual accounts for circulation to members. Normally the accounts must include: a profit and loss account (or income and expenditure account if the company is not trading for profit); a balance sheet signed by a director; an auditor's report signed by the auditor (if appropriate); a director's report signed by a director or the secretary of the company; notes to the accounts; and group accounts (if appropriate). For financial years beginning on or after 1 April 2005, the directors of a quoted company are also required to prepare an operating and financial review signed by a director or secretary. In this case, the auditor's report must give an opinion on the information in the report. For financial years beginning on or after 1 January 2005, the accounts may be prepared in accordance with international accounting standards. The accounts must be lodged with Companies House.
References in classic literature ?
Well, these thirteen millions are wanting to balance the total of the account.
Nails, staples, hinges, hammers, chisels, knives, scissors, and all sorts of ironwork, they had without reserve, as they required; for no man would take more than he wanted, and he must be a fool that would waste or spoil them on any account whatever; and for the use of the smith I left two tons of unwrought iron for a supply.
It is true this man was a Roman, and perhaps it may give offence to some hereafter if I leave anything extraordinary upon record of a man whom, before I begin, I must (to set him out in just colours) represent in terms very much to his disadvantage, in the account of Protestants; as, first, that he was a Papist; secondly, a Popish priest; and thirdly, a French Popish priest.
He gave me a most diverting account of his life, and of the many extraordinary events of it; of many adventures which had befallen him in the few years that he had been abroad in the world; and particularly, it was very remarkable, that in the voyage he was now engaged in he had had the misfortune to be five times shipped and unshipped, and never to go to the place whither any of the ships he was in were at first designed.
He told me that was true; but that as there was no proof of my being dead, he could not act as executor until some certain account should come of my death; and, besides, he was not willing to intermeddle with a thing so remote: that it was true he had registered my will, and put in his claim; and could he have given any account of my being dead or alive, he would have acted by procuration, and taken possession of the ingenio (so they call the sugar-house), and have given his son, who was now at the Brazils, orders to do it.
After a few days' further conference with this ancient friend, he brought me an account of the first six years' income of my plantation, signed by my partner and the merchant-trustees, being always delivered in goods, viz.
This being regularly attested by a notary, and a procuration affixed, he directed me to send it, with a letter of his writing, to a merchant of his acquaintance at the place; and then proposed my staying with him till an account came of the return.
Never was anything more honourable than the proceedings upon this procuration; for in less than seven months I received a large packet from the survivors of my trustees, the merchants, for whose account I went to sea, in which were the following, particular letters and papers enclosed:-
Secondly, there was the account of four years more, while they kept the effects in their hands, before the government claimed the administration, as being the effects of a person not to be found, which they called civil death; and the balance of this, the value of the plantation increasing, amounted to nineteen thousand four hundred and forty-six crusadoes, being about three thousand two hundred and forty moidores.
I shall not trouble the reader with the particular account of my reception at this court, which was suitable to the generosity of so great a prince; nor of the difficulties I was in for want of a house and bed, being forced to lie on the ground, wrapped up in my coverlet.
She says, she had forgiven many faults on account of youth; but expressed such detestation of the character of a libertine, that she absolutely silenced me.
I account for it, sir,' she pursued after an awkward silence on Mr Dorrit's part, 'by having no doubt that he is travelling somewhere, or hiding somewhere.