Abridged Accounts: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Abridged Accounts

  • financial statements produced by a company that fall outside the requirements stipulated in the Companies Act. Abridged accounts are often made public through the media.

Additional Resources

"The Two Faces of the U.S. Government" - abridged version of Congresswoman Cynthia McKinney's statement regarding Nicaraguan sweatshop - Brief Article - Excerpt
Editor's Note: On December 15, Congresswoman Cynthia McKinney joined Congressman Sherrod Brown and the National Labor Committee in denouncing the Pentagon's involvement with the Chentex sweatshop in Nicaragua, which has fired employees for their union activity. What follows is an abridged version of her statement at that press conference. ...
Tags: Editor, Pentagon, U.S., U.S. Government, worker
Research articles 2001-02-01
Voluntary Disclosure of Sales by Small and Medium Sized Enterprises: An Extended Analytical Model
Small and Medium sized Enterprises SMEs are allowed to publish their financial statements in an abridged format. One of the main characteristics of the abridged profit and loss account is that disclosure of sales is not mandatory, but is left entirely to the discretion of the SME. This paper studies...
Tags: Small And Medium Enterprise, Sales, University Of Antwerp, Smb/Sme
White papers 2002-02-01
U.S. travel and tourism satellite accounts for 1992
This article presents prototype travel and tourism satellite accounts (TTSA'S), which are a second set of extensions developed in 1998 to the U.S. input-output (I-O) accounts.(1) Satellite accounts are rearrangements of information from the national economic accounts and other sources for the purpose of analyzing specific economic activities more completely...
Tags: compensation, industry, OECD, satellite, Strategy, survey, Transportation, U.S.
Research articles 1998-07-01
Health Savings Accounts and Other Account-Based Health Plans
This document examines accounts that can be used to pay for health care services on a tax-favored basis. Starting with health savings accounts HSAs, the function of these accounts is described, followed by a discussion of issues related to the accounts, whether expectations for the accounts will be met, and...
Tags: Health Savings Account, Health Care, Vertical Industries, Benefits, Healthcare, Enterprise Software, Software, Human Resources
White papers 2004-09-01
U.S. transportation satellite accounts for 1992
This article introduces the transportation satellite accounts (TSA'S), which are an extension of the U.S.-input- output (I-O) accounts.(1) Satellite accounts rearrange information from the basic economic accounts for the purpose of analyzing important economic activities more completely than is otherwise possible. They expand the analytical capacity of the basic accounts...
Tags: BEA Systems Inc., satellite
Research articles 1998-04-01
Aging Of Accounts Receivable
This is the companion form to Aging of Accounts Payable. Use it to keep track of the age of your accounts receivable and to help you identify accounts in need of further collection activities.
Tags: Entrepreneur.com Inc., Accounts Receivable, Entrepreneurship, Operational Accounting, Management, Finance
Tools & templates 2005-08-02
Regulators Scrutinize Fee Accounts
The self-regulatory organizations are taking a closer look at fee-based accounts - and brokers might not like what they find. In a seeming reversal of the thrust of the 1995 Tully Report - which called fee-based accounts a "best practice" and urged the conversion of commission-based accounts - both...
Tags: commission, NASD, New York Stock Exchange, SALES
Research articles 2004-11-01
Integration of U.S. macroeconomic accounts: a progress report
The Commission of the European Communities et al. (1993), on behalf of the United Nations, and the International Monetary Fund (1993) developed international guidelines for macroeconomic accounts. They recommended the preparation for each major sector of an integrated set of current accounts production and income, accumulation accounts (capital, financial, and...
Tags: agency, asset, BEA Systems Inc., Federal Reserve Board, FINANCE, financial, income, inconsistency, integration, NETWORKING, SNA, U.S.
Research articles 2005-04-01
NEWS IN brief
Antigua and BarbudaReport on Government Accounts SubmittedIn October 2002, the Director of Audit of Antigua and Barbuda submitted her report on government accounts for the years 1995-2000.The Audit Department experienced many problems in auditing these accounts. However, with the assistance of Treasury Department consultants, the accounts are almost up to...
Tags: audit, FINANCE, General Accounting Office, training
Research articles 2004-04-01
Preview of the comprehensive revision of the annual industry accounts: integrating the annual input-output accounts and the gross-domestic-product-by-industry accounts
IN JUNE, the Bureau of Economic Analysis BEA will release the initial results of its comprehensive revision of the annual industry accounts. The centerpiece of this revision is the integration of the annual input-output (I-O) accounts and the gross-domestic-product-GDP-by-industry accounts for 1998-2002. For the first time, the annual I-O accounts...
Tags: BEA Systems Inc., government, income, industry, insurance, Internal Revenue Service, leasing, Retail, salary, surplus, tax, transportation
Research articles 2004-03-01
Improved Annual Industry Accounts for 1998-2003: integrated annual input-output accounts and gross-domestic-product-by-industry accounts
ON June 17, 2004, the Bureau of Economic Analysis BEA released the initial results of the comprehensive revision of the annual industry accounts. This release marks a major advance in the timeliness, accuracy, and consistency of the annual input-output (I-O) accounts and the gross-domestic-product-GDP-by-industry accounts as a result of significant...
Tags: BEA Systems Inc.
Research articles 2004-06-01
Accounts Receivable
Accounts receivable are unpaid customer invoices, and any other money owed to the organization by customers. The sum of all customer accounts receivable is listed as a current asset on balance sheet. The accounts receivable ledger, which can also double as a customer statement, is a record of each...
Tags: Accounts Receivable, CCH, Operational Accounting, Finance
White papers 2003-01-01
Personal Retirement Accounts
"Personal retirement accounts are attractive in the context of Social Security reform for several reasons. One is that such accounts would give workers ownership and a degree of responsibility over their own retirement saving. Another is that personal accounts would afford participants an opportunity to pass wealth to survivors...
Tags: Account, Pension Research Council, Retirement Account, Social Security, Operational Accounting, Government, Finance
White papers 2002-03-04
How To Protect Your Good Accounts From The Competition
Because of the slow down in the market, the competitors are trying to gain business anywhere they can. They are more active in the good accounts then ever before. How can one protect his good accounts from the competition? But losing a good account impacts the business in additional negative...
Tags: Account, EyesOnSales, Strategy, Management
White papers 2003-01-06
Announcement 2002-12
The following is a list of entities that have been approved by the Commissioner of the Internal Revenue Service, pursuant to sec 1.408-2e of the Income Tax Regulations, to serve as a nonbank trustee or custodian. Archer medical savings accounts Archer MSAs established under sec 220 of the Internal Revenue...
Tags: bank, Benefits, fiduciary, FINANCE, Government, Internal Revenue Service, Regulations, Taxes
Research articles 2002-02-25
Loans to Depository Institutions
This article is about Regulation A that governs borrowing by depository institutions at the Federal Reserve discount window. The Federal Reserve discount window is available to any depository institution that maintains transaction accounts or non-personal time deposits. (Transaction accounts are defined to include checking accounts, NOW accounts, share draft...
Tags: Federal Reserve Board, Federal Reserve Bank Of New York, Institution, Construction, Operational Accounting, Banking, Finance, Financial Services
White papers 2002-10-23
The Financial Times Guide to Using and Interpreting Company Accounts
Wendy McKenzie's book published under the authoritative pink banner of the Financial Times fulfils a similar purpose but, over some 280 pages, provides any non-financial manager with a much fuller guide to understanding and analysing company accounts. Although primarily concerned with UK accounts, the book also discusses the major differences...
Tags: accounting, FINANCE, Financial Times, U.K.
Research articles 1996-03-01
Inactive' Fee-Based Brokerage Accounts Come Under Scrutiny
Brokerage firms have been red-flagging inactive fee-based brokerage accounts and asking brokers to justify the charges. "We're getting calls from our compliance department about [fee-based] Choice accounts that don't have enough activity in them," said a Morgan Stanley rep in the Southeast. "What kind of incentive is that? Are...
Tags: compliance, Morgan Stanley, NASD
Research articles 2004-03-01
Tom Peter to banks: it's imagination, not size. (management guru's address to American Bankers Association's annual convention) (Transcript)
An abridged version of Tom Peter's speech at the American Bankers Assn's annual convention is provided. Peters talks about the revolutionary speed of product development, the advantages of decentralization, reengineering, the advantages of nonconformity, An abridged version of Tom Peter's speech at the American Bankers Assn's annual convention is provided....
Tags: American Bankers Association, bank
Research articles 1994-01-01
Assignment Of Accounts Receivable (With Non-Recourse)
This is General Assignment of Accounts by a debtor in favour of a creditor. It assigns the accounts as collateral security for specific debts to the creditor.
Tags: Creditor, Accounts Receivable, Operational Accounting, Finance
Tools & templates 2007-12-01
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