Bookkeeping (2)

Can retained earnings be negative?

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Can retained earnings be negative? Retained earnings provide a much clearer picture of your business’ financial health than net profit can. If a potential investor is looking at your books, they’re most likely interested in your retained earnings. Have a healthy net profit and retained earnings? A business generates earnings that can be positive (profits)…

What is a bookkeeper?

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What is a bookkeeper? Company accounts must be filed every year with Companies House within nine months of your accounting reference date. If your business is operating as a limited company, you will need to submit your company accounts to Companies House. The skills developed by studying this qualification will give students a solid base…