The final accounts should be a true reflection of the financial state of a business on a particular date, however, there are several ways that a business can make its final accounts look good or even bad, therefore Im going to talk through the differen

The first 200 words of this essay...

D2 Hannah Jackson

Unit 8

The final accounts should be a true reflection of the financial state of a business on a particular date, however, there are several ways that a business can make its final accounts look good or even bad, therefore I'm going to talk through the different ways on accounts that can make a business look different to how they actually may be and explain the small changes that allows this to happen.

The accounts of D Simpson showed that he had a positive outcome, through his year. Overall he made a Net profit of £17'166 which is a good outcome, it also shows that he made good sales throughout the year. You can't always guarantee that this information is a 100% accurate because Owners of business want to show the best on their accounts to show anyone interested in their business, that they have good sales, and are coming out with a profit at the end of the year. D Simpson's accounts are all good but their may have been ways he changed them, I'm going to discuss the different way he may have changed them, this is known as window