Accounting Principles and Procedures Flashcards by Ollie Cook | Brainscape

Q

What is a balance sheet now called?

A

Statement of financial position.

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Q

What is a profit and loss statement called?

A

Income statement

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Q

What are the main components of public limited accoutns?

A

Chairman statement
Independent auditors report
Income statement
-Statement of financial position
Corporate governance report
Remuneration report
Other statutory info

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Q

A

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