This topic is broken down on separate pages each dealing with specific aspects of accounting applicable to the Small and Medium Size Enterprise (SME) to make the subject more easy to digest. Whilst some pages could be applicable to Charities it is thought best to deal with those in a different area of the site

This page contains an index to the other pages in this guide. Your comments and requests for more information can be sent to us

Overview of the Accounting Requirement for SMEs

The Contents of an Accounting System

Assets

Balance Sheet

Cash Flow

Costs of Goods Sold (COGS)

Credit Control

Equity

Finance & Banking

Gross Profit / Retained Earnings

Income

Inventory Management

Liabilities

Nett Profit Before Tax (NPBT)

Ownership of Goods Sold

Profit & Loss / Operating Statement

Recording (Posting) Costs

Recording (Posting) Expenses

Recording (Posting) Sales / Income Transactions

 

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Last Update 02-Apr-2010

Date first published 07-Nov-2005