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Dictionary definition: accountability
- Article from:
- A Dictionary of Finance and Banking
Copyright© A Dictionary of Finance and Banking 1997, originally published by Oxford University Press 1997. (Hide copyright information)
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accountability
An obligation to give an account. For limited companies, it is assumed that the directors of the company are accountable to the shareholders and that this responsibility is discharged, in part, by ...
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Dictionary definition: annual accounts
A Dictionary of Business and Management;
397 words
...annual accounts ( annual report ; report and accounts ) The financial ... incorporated bodies have a legal obligation to publish annual accounts and file them at Companies House. Annual accounts consist of a profit and loss account , balance ...
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