Glossary Accounting Business UK - Glossario Contabilità UK
Home | A | B | C | D | E | F | G | H | I | J | L | M | N | O | P | Q | R | S | T | U
The terms 'parent undertaking' and 'subsidiary undertaking' have been in use for only a few years.
Previously, a parent undertaking was called a 'holding company', and a subsidiary undertaking was called a 'subsidiary company'.
One of the reasons these terms have been changed was that consolidated financial statements used to be concerned only with companies.
Now, subsidiary undertakings can include unincorporated businesses as well.
It is a common rule of thumb in business; e.g., "80% of your sales comes from 20% of your clients."
Partnerships are often created when a sole trader's business expands and more capital and more expertise is needed.
Typical partnerships are those of accountants, solicitors and dentists and usually comprise between 2 and 20 partners.
A partnership will tend to be larger than sole traders; there will tend to be more employees and a greater likelihood of a bookkeeper being employed to maintain the accounting records.
Each of the partners will contribute capital to the business and will normally take part in the business activities.
The profits of the business will be shared between the partners; setting up a partnership agreement whereby the financial rights of each partner are set out normally does this.
Just as with sole traders the partners will tend to withdraw the profits due to them from the business in the form of drawings, although in some cases partners may also be paid a salary by the business.
The P/E ratio is also a highly complex concept - it's a guide to use alongside other indicators, not an absolute measure to rely on by itself.
The P/E ratio is arrived at by dividing the stock or share price by the earnings per share (profit after tax and interest divided by the number of ordinary shares in issue).
As earnings per share are a yearly total, the P/E ratio is also an expression of how many years it will take for earnings to cover the stock price investment.
P/E ratios are best viewed over time so that they can be seen as a trend.
A steadily increasing P/E ratio is seen by the investors as increasingly speculative (high risk) because it takes longer for earnings to cover the stock price. Obviously whenever the stock price changes, so does the P/E ratio.
More meaningful P/E analysis is conducted by looking at earnings over a period of several years.
P/E ratios should also be compared over time, with other company's P/E ratios in the same market sector, and with the market as a whole.
Step by step, to calculate the P/E ratio:
The value of each allowance is set by the government following the Budget each year.
A prepayment is an asset because is something that has been paid for but not yet used.
Also called principal amount.
The profit (or loss) of a business is its income less its expenditure; profit is analysed, along with gross profit (sales less the cost of those sales) and net profit (all income less all expenditure, before and after tax has been deducted).
They are normally issued when goods or services are faulty or when the purchase invoice was incorrect.
It can be quickly referred to if you want to find the current status of any of the supplier accounts.
The total balance outstanding should equal the balance of the creditors control account in the nominal ledger.
AVVERTENZE D'UTILIZZO: Il presente glossario contiene una definizione dei termini più frequentemente utilizzati nella contabilità d'impresa nel Regno Unito.
La spiegazione di ciascuno dei termini indicati in questo glossario è di carattere meramente orientativo e priva di valore legale; si raccomanda, quindi, di tenere conto del contesto e dell'evento in cui essi vanno applicati, in quanto il significato loro attribuito potrebbe differire rispetto a quello qui rappresentato.
AVVERTENZE LEGALI - Il contenuto del sito web "www.dottoricommercialistilondra.com" è di carattere puramente divulgativo e, pertanto, non costituisce offerta diretta al pubblico e non intende in alcun modo favorire reati fiscali, riciclaggio di denaro, esportazione di capitali, terrorismo ed altri illeciti. Nessuno dei nostri servizi è svolto direttamente in Italia; su richiesta, è possibile unicamente il contatto con professionisti regolarmente abilitati, nostri referenti, dietro rilascio di fattura e regolare pagamento anticipato. La navigazione di questo sito web è subordinata alla conoscenza e piena accettazione delle nostre condizioni di erogazione dei servizi e dell'informativa sul trattamento dei dati.
DOTTORI COMMERCIALISTI LONDRA Ltd - Costituzione e Gestione Società Private Limited Company Ltd, Società Inglesi, Apertura Conti Correnti a Londra, Dottore Commercialista Londra, Studio Dottori Commercialisti Londra, VAT, Annual Return, Corporation Tax. > Glossario > Glossary Accounting Business Glossario Contabilità Affari United Kingdom >