accounts


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Related to accounts: accounts receivable, accounts payable, Accounting Principles, Accounting Concepts
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 ?
Lena gave me a cheerful account of Antonia and urged me to make her a visit.
This person--a gray-headed man, of quiet and most respectful deportment --found it necessary to explain that his master still remained in his study, or private apartment; on entering which, an hour before, he had expressed a wish on no account to be disturbed.
He came back presently and said his principal was charmed with the idea of brickbats at three-quarters of a mile, but must decline on account of the danger to disinterested parties passing between them.
Knightley; so far it was all of course and it was hardly less inevitable that poor little Harriet must be asked to make the eighth:but this invitation was not given with equal satisfaction, and on many accounts Emma was particularly pleased by Harriet's begging to be allowed to decline it.
Depend upon it that whatever unemployed sum may remain, when I make up my accounts in the spring, I would even rather lay it uselessly by than dispose of it in a manner so painful to you.
Since you have, perhaps, heard but confused accounts of my seven voyages, and the dangers and wonders that I have met with by sea and land, I will now give you a full and true account of them, which I think you will be well pleased to hear.
I am extremely glad that you have such pleasant accounts from our friends at Hunsford.
As the daughter of a president of accounts, she had brought a marriage portion of thirty thousand crowns to her husband, who was syndic of the goldsmiths.
The sad accident at Lyme was soon the prevailing topic, and on comparing their latest accounts of the invalid, it appeared that each lady dated her intelligence from the same hour of yestermorn; that Captain Wentworth had been in Kellynch yesterday (the first time since the accident), had brought Anne the last note, which she had not been able to trace the exact steps of; had staid a few hours and then returned again to Lyme, and without any present intention of quitting it any more.
Your majesty has not acquired the utilitarian habit of checking the public accounts.
The Emperor said that the fiscal system must be reorganized and the accounts published," recounted Bitski, emphasizing certain words and opening his eyes significantly.
The accounts having been examined, and found to be scrupulously correct, he declined accepting the balance of salary that was offered to him.