Conclusion

In this course you have learned about the legal characteristics of private and public limited companies. You have also learned about different sources of company finance. Furthermore, you were introduced to the interests and information requirements of company stakeholders, and three different perspectives on the role of companies in society. Finally, you learned about the differences between sole trader and company financial statement formats.

This OpenLearn course is an adapted extract from the Open University course B293 Financial accounting in context [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] .