Page 2 - LILITED LIABILITY COMPANIES - INTERMEDIATE
P. 2
COMPANY ACCOUNTING SESSION 14
14 THE FORMATION OF LIMITED LIABILITY COMPANIES
Topics covered in this session
Introduction
Sole traders, partnerships and companies compared
Limited liability
Public and private companies
Registration of a company
Capital structure
Types of shares
Loan capital
Directors
Shareholders' funds
Accounting records
Statement of profit or loss and other comprehensive income
Statement of changes in equity
The statement of financial position
Key points to remember
Common errors
©LAWRENCE CAUCHI AIPFM, LMLCC, FIAB, MAAT, MIAAP. Page 1 of 19