Overview

abbreviated accounts


Show Summary Details

Quick Reference

A shorter form of annual accounts that may be filed by a company qualifying as a small or medium-sized company under the Companies Act. The use of abbreviated accounts can cut costs and save time. It can also minimize the information made available to others, especially business rivals. See also summary financial statement.

Subjects: Accounting.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.