University of Wolverhampton Application Essay Request

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summer.AG
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#1
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#1
I don't understand whether the question means accounts or accountants; 'What role do financial accounts play in the management of business organisations?'
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ajj2000
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(Original post by summer.AG)
I don't understand whether the question means accounts or accountants; 'What role do financial accounts play in the management of business organisations?'
I think if it states 'financial accounts' it means financial accounts rather than financial accountants.
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summer.AG
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(Original post by ajj2000)
I think if it states 'financial accounts' it means financial accounts rather than financial accountants.
thank you but i couldn't find any information about financial accounts
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ajj2000
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(Original post by summer.AG)
thank you but i couldn't find any information about financial accounts
perhaps try googling statutory accounts instead and see what you find.
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summer.AG
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(Original post by ajj2000)
perhaps try googling statutory accounts instead and see what you find.
everything i found was about financial accountants not financial accounts
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ROC10
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Maybe try “accounts” more generally or “financial statements”. Financial accounts are those that must be prepared on an annual basis and filed with Companies House. The only other real ‘type’ of accounts are management accounts which are not legally required to be prepared and are not filed. Many organisations do prepare them though as they are useful internally for the purposes of planning, budgeting and control.
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summer.AG
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(Original post by ROC10)
Maybe try “accounts” more generally or “financial statements”. Financial accounts are those that must be prepared on an annual basis and filed with Companies House. The only other real ‘type’ of accounts are management accounts which are not legally required to be prepared and are not filed. Many organisations do prepare them though as they are useful internally for the purposes of planning, budgeting and control.
thank you so much .
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