Accounts All operating bodies, including charities, are obliged by law to keep detailed accounts of financial expenditure and income, and to present them annually in a publicly available report. Registered charities earning less than £10,000 annually only have to present simple accounts.
Found on http://society.guardian.co.uk/glossary/p
Accounts Every business, no matter what its size, needs to keep accounts. Accounts are simply a record of all of the financial dealings of a business, which for a small business primarily means Invoices and Receipts. The larger a business is, the more information that it may have to store, and the more complicated the Accounts may be.
Found on http://www.itzbits.co.uk/glossary.php
accounts A record of the past financial position of an organization. Companies prepare a number of different accounts, usually including a balance sheet, a read more
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