Making accountancy as painless as possible
Here at Haines Watts, we understand that you’ve got a lot on your plate as a business owner. It can feel like there are a million different tasks to do every day – navigating business jargon shouldn’t be one of them.
We’re here to make the accountancy bit as painless as possible, so you can focus on the things that really matter: growing your business and moving on to the next exciting stage.
Below you’ll find a handy glossary of common accounting terms to help you understand your entity from your equity. Is there another term you’re struggling to get your head around? Let us know at firstname.lastname@example.org.
We have given some definitions a context and also provided alternative words or phrases that have the same meaning. We also have tried to avoid excessively technical explanations, focussing instead on the broader meaning – we are very happy to provide a more technical explanation where required.