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Small commercial entities

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Small commercial entities

  • This topic has 2 replies, 2 voices, and was last updated 7 years ago by Anuja Nair.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • November 8, 2017 at 7:19 am #414788
    Anuja Nair
    Member
    • Topics: 365
    • Replies: 353
    • ☆☆☆☆

    Hi sir, in my textbook regarding small commercial entities it states the following

    Owner managers will have direct control. However, they are also in a strong position to manipulate the figures or put private transactions ‘through the books’ .

    What does the phrase ‘through the books’ mean ?

    November 8, 2017 at 8:43 am #414794
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10599
    • ☆☆☆☆☆

    Eg, putting personal expenses through the business and treating these as business expenses.

    November 8, 2017 at 3:11 pm #414868
    Anuja Nair
    Member
    • Topics: 365
    • Replies: 353
    • ☆☆☆☆

    Got it sir. Thank you.

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    Posts
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  • The topic ‘Small commercial entities’ is closed to new replies.

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