finance
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Title: finance

Essay Details:

Subject: Business
Author: Kelly B
Date: September 28, 2014
Level: University
Grade: B
Length: 2 / 421

Essay text:

The specific period is often referred to as the "Trading Period" and is usually one year long. The period-end date as the "Balance Sheet Date" Management accounts are used to help management record, plan and control the activities of a business and to assist in the decision-making process. They can be prepared for any period (for example, many retailers prepare daily management information on sales, margins and stock levels). Companies that are incorporated under the Companies Act 1989 are required by law to prepare and publish financial accounts. The level of detail required in these accounts reflects the size of the business with smaller companies being required to prepare only brief accounts...

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