CILA - The Chartered Institute of Loss Adjusters

Introduction to Accounts and How to Interpret Them - Heather Parkinson B Eng FCA FCILA FUEDI ELAE

What are Accounts?

Accounts are summaries of a business’s detailed records.

  • Accounts usually refers to formal profit and loss account and balance sheet together with accompanying notes
  • Published accounts also include the Directors Report and the Auditors Report.

This tutorial covers:

  • Basic Principles
  • Analysis of Sample Accounts
  • Real Accounts of Different Sized Businesses

Download full tutorial (78 Kb, Word format)