Annual report and accounts

Annual report and accounts are the report from the directors on the company’s financial situation at the end of a year, together with the balance sheet, profit and loss account, statement of source and application of funds, and the auditor’s report, all prepared for the shareholders of the company each year

Category: Economics
Share it:  Cite

More from this Section

  • Asymmetric information
    Asymmetric information is a situation which exists in all countries where all the consumers, ...
  • Classical Economics
    Classical Economics are the tradition of economics that began with Adam Smith, and continued ...
  • Automatic Stabilizers
    Automatic Stabilizers is government fiscal policies which have the effect of automaticallymoderating ...
  • Rational expectations
    Rational expectations is the expectations that reflect optimal forecasts (the best guess ...
  • Aggregate concentration
    Aggregate concentration is the proportion of production which is in the hands of a few ...