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Reviewing and Approving your Year End Accounts | Crunch

Check out our Help Centre article, 'Understanding your Year End accounts and CT600': https://crch.co/2QT9KR9 Are you tired of not knowing what to check when reviewing your Year End Accounts? Maybe you're not even sure about what you're looking at, exactly...? Don't sweat. We've got you covered! In this short video, we carefully cover each section in detail and explain what you're looking at as well as letting you know why it's so important to check this through thoroughly before approving it for filing with HMRC. This should help you understand all of the information held in a set of company Year End Accounts, advice on what to check, how to check it, and also what to consider before clicking on the all-important approval button in Crunch. So sit back, grab a coffee, and you'll master the art of the review in no time at all! 0:00 - Intro 1:19 - What are Year End Accounts? 2:51 - Income Statement 4:05 - Turnover 4:46 - Staff Costs 5:54 - Depreciation 6:27 - Other Charges 7:12 - Corporation Tax (CT600) 8:27 - Profit 9:05 - Statement of Financial Position 9:28 - Fixed Assets 10:01 - Current Assets 11:01 - Creditors 12:02 - Net Assets 12:55 - Capital and reserves 13:11 - Filing the Statement of Financial Position (with Footnotes) 14:21 - Outro ---------------------------------------------------------------------------------------------------------------- Crunch delivers accounting and financial services to empower the self-employed and small business owners: https://www.crunch.co.uk Like Crunch on Facebook:   / crunchaccountants   Follow Crunch on Twitter:   / teamcrunch