simplified financial statement that a specific small firm is allowed to lodge. It's recorded because of the registrar of businesses in britain. Very nearly 1 / 2 of the active UK corporations have plumped for abbreviated makes up their particular organizations. Another term for abridged reports.
reduced but audited statement of finance that a qualifying tiny or medium firm is allowed to submit with registrar of businesses in the united kingdom. About 45 % associated with active UK firms have actually chosen abbreviated accounts. See also abridged records.