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Home > QFINANCE Dictionary > Definition of accounting records

Definition of

accounting records


materials for preparing financial statements all documentation and books used during the preparation of financial statements.

Related definitions of "accounting records"

Recommended Further Reading (Term count)
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    Many companies must publish an annual report to its stockholders as a matter of corporate law. The primary purpose of this report is to inform stockholders of the company’s performance. As a legal requirement, the report usually contains a profit and loss account, a balance sheet, a cash flow statement, a directors’ report, and an auditors’ report. The different elements tell you about different aspects of the company’s performance and can be...
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    For many decades, independent auditing firms have employed the strategy of achieving growth in size and, more importantly, profitability, by expanding the scope and range of services they offered to new and existing clients. In addition to conducting audits of the effectiveness of internal controls over financial reporting as well as financial statements and expressing their opinion thereon, firms in the public accounting industry have offered...

Definitions of ’accounting records’ and meaning of ’accounting records’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’accounting records’ and other financial terms with our online QFINANCE Financial Dictionary.

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