Your Status: Logged out Log in

Business & Management - Managing Financial Resources.  

Member rating: 10 out of 10 stars (2 votes) | Words: | Submitted: Mon Apr 05 2004

Page Preview
Preview
Previous 1 of 11 Next

On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:

HND Business & Management Year 1 Unit 2: Managing Financial Resources Assignment 3 Tutor: Juliette Marsh Author: Jamie Sythes Version: Final Date: 15.12.03 The work submitted has been produced by myself. Any assistance, references and research sources are clearly identified and listed in the bibliography. Any false declarations will automatically result in the work being discounted and possible exclusion from the award. Signature............................................... Date..................... Task 1. Financial statements are produced by businesses for a number of reasons, these include; * To comply with the companies Act 1985 * To help management to evaluate and manage * To provide information for interested parties (i.e. potential investors) The main financial statements are made up of the following; A Profit and Loss account (also known as a P&L), a Balance sheet and a Cash flow statement. These three statements are normally accompanied with a section called Notes to the accounts. It is important to remember that the financial statements are normally out of date...

Get instant access



  • Instant, unlimited access to our documents in full
  • Swap your work for free access, or pay £4.99
  • To see the full version of this document and 147,231 others
Register Now
OR

Receive email updates for this category



  • Simply tell us your email address and receive a weekly Study Help Email for FREE
  • Receive 3 FREE essay views with each email
  • Get all the latest essays from Coursework.Info & discussion from TheStudentRoom.co.uk