Flashcards in Accounting Principles Deck (6):
How do you analyse a companies financial standing?
Dun and Bradstreet
Gearing ratio (debt / equity)
How long it's been trading
What is a cash flow ?
This is the summary of the actual or anticipated ingoing and outgoing of cash in a company over the accounting period. A cashflow statement measures a company's ability to pay its short term debts.
Relevant legislation for company accounts?
Companies act 2006
Why are company accounts relevant
Assessing my company's strength or that of competitors
Management accounts vs. Company accounts
Management - internal, more detailed, no need to be published
Company - required by law