abbreviated accounts definition

abbreviated accounts

Shortened but audited financial statement that a qualifying small or medium firm is allowed to file with registrar of companies in the UK. About 45 percent of the active UK firms have opted for abbreviated accounts. See also abridged accounts.

abbreviated accounts is in the Accounting & Auditing and Entrepreneurship, Management, & Leadership subjects.

abbreviated accounts appears in the definition of the following term: abridged accounts

This content can be found on the following page:

http://www.businessdictionary.com/definition/abbreviated-accounts.html