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annual accounts

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.

annual accounts

In business, a summary of the records of a company's financial activities, prepared by an accountant and in most countries made available for public inspection. Annual accounts include a balance sheet and a profit/loss or income/expenditure account.



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Summary: The BBC has suspended bonuses for its top executives as its annual accounts are published.
to collect overdue returns and annual accounts filed by the companies under the Companies Regularization Scheme (CRS).
 
 
 
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