Interested to Buy Any Domain ? << Click Here >> for more details...
What type of report and accounts should a company prepare?
- 4 Answers
- 7548 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / guest
For a charitable company, there are three influences on
report and accounts: 1. The trustees must prepare a
Trustees' Annual Report which must be attached to the
accounts required by the Companies Act when submitted to
the Charity Commission. The Trustee's Annual Report can be
an expansion of the Directors' Report or in addition to it.
2. The accounting requirements are prescribed by the
Companies Act. 3. In addition, company charities must
follow the provisions of the Charities SORP (as this
represents what is a true and fair view in charity
accounting). This means in particular they should prepare a
Statement of Financial Activities (SOFA) as a primary
statement additional to the I & E account, where
applicable.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / gohar ali pugc
the reports which companies to be needed are:
Annual Report includ:
profit and loss Account/
Income statement
owner equity statement
balance sheet
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sudhansu dash
Hi, I think this question is some thing related to annual
report submittion, so we have to prepare four statement,
1. Balance Sheet
2. Profit and Loss Statement
3. Cash Flow statement
4. Retain Earning Statement
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / barodianbuddy(acca)
The following statements are prepared by the company:-
1. Statement of Financial Position
2. Statement of Profit or loss & other comprehensive income
3. Statement of changes in Equity
4. Other reports as prescribed by local laws.
| Is This Answer Correct ? | 0 Yes | 0 No |
how can i make transaction related to inflation account in sap ?
why is TDS treated as an asset while preparing Balance sheet.
what are the steps used in UAT in Oracle Apps?
is it necessasary to make a partnership deed
Expand C R
what is the TTD junior asst exam syllubsexam held on sep 5 th plz tell me sir
what is npa & what are the different types of NPA?
3 Answers State Bank Of India SBI,
What are accounting standards?
how to create the trading a/c, profit & loss a/c & Balance sheet & What do u mean by bank reconcilation
treatment of P&L A/c 's balance in trial balance and balancesheet
about bank reconciliation
whatis meant by contigent liability
Audit 
