Business Accounts Basics

This guide will help you understand the business accounts. More specifically it clarifies:

•How annual accounts are put together
•The fundamental Accounting Principles
•Difference between direct and indirect expenses
•Profit & Loss Accounts
•Balance Sheet
•Control Accounts
•Various methods of depreciation
•The significance of accurate Cash-flow Statements.

In a nutshell, Business Accounts Basics covers the fundamentals you need to know in order to recognise any danger signs.

Based on UK accounting principles.