- January 25, 2021
- Posted by: Raymond Gibbons
- Category: Business Support
It’s that time of the year and you are meeting your accountant (via Zoom no doubt).
Your accountant is discussing your accounts and using terminology you might refer to as ‘Accountants Speak’.
‘Net Profit’, ‘Gross Margin’, ‘Working Capital’. They sound familiar, but do you fully understand them?
Do you fully understand the terms used?
Page 1 – Has 25 standard terms you might come across. Fill in the blanks by giving your understanding of each term.
Page 2 – Gives you the answers. But see how many you know before looking at the answers.
Best of luck..