The Accounting Reference Date (ARD) is the date up to which a company's financial accounts are prepared.
Comprehensive examination of capital instruments, their types, historical context, key events, mathematical models, significance, applicability, related terms, FAQs, and references.
A Corporate Report provides a detailed account of an organization's economic activities, typically in the form of annual reports and accounts. It is crucial for stakeholder communication and compliance with financial regulations.
A statement detailing how net profits or losses have been allocated. This account involves the addition of retained earnings to net profit and the deduction of taxation, dividends, and other reserves in companies. In partnerships, it involves adjustments based on each partner's interest on drawings, salary, and interest on capital.
An in-depth exploration of relevant accounts, crucial for determining the amount of distributable profit of a company, in compliance with the Companies Act.
A comprehensive guide on the accounting term 'Over and Short,' detailing its definition, causes, significance, and how to address discrepancies between reported and audited figures.
