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COMPANY ACCOUNTING SESSION 14
1.12 FINAL ACCOUNTS FOR INTERNAL USE – Statement of Profit or Loss and OCI
The Statement of Profit or Loss and OCI of a limited company for INTERNAL use is no different from that of
a sole trader except for some types of expense which are peculiar to limited companies. The TWO main
expenses under this heading are:
a) Directors' remuneration
b) Debenture interest
©LAWRENCE CAUCHI AIPFM, LMLCC, FIAB, MAAT, MIAAP. Page 14 of 19
