{"id":1290,"date":"2023-09-24T04:36:58","date_gmt":"2023-09-24T03:36:58","guid":{"rendered":"https:\/\/ecourse.uk\/8135\/?p=1290"},"modified":"2025-01-29T22:40:13","modified_gmt":"2025-01-29T22:40:13","slug":"1290","status":"publish","type":"post","link":"https:\/\/ecourse.uk\/8135\/?p=1290","title":{"rendered":"Week 1 [4] [ADD]: Business Structures and The Accounting Environment"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ecourse.uk\/8135\/?p=1290\/#BUSINESS_STRUCTURES\" >BUSINESS STRUCTURES<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ecourse.uk\/8135\/?p=1290\/#AN_INTRODUCTION_TO_ACCOUNTING_IN_THE_UK\" >AN INTRODUCTION TO ACCOUNTING IN THE UK<\/a><\/li><\/ul><\/nav><\/div>\n<h4><span class=\"ez-toc-section\" id=\"BUSINESS_STRUCTURES\"><\/span><strong>BUSINESS STRUCTURES<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<figure id=\"attachment_1932\" aria-describedby=\"caption-attachment-1932\" style=\"width: 541px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1932\" src=\"https:\/\/ecourse.uk\/8135\/wp-content\/uploads\/2023\/09\/Business_types_iStock-1163422794.jpg\" alt=\"\" width=\"541\" height=\"325\" srcset=\"https:\/\/ecourse.uk\/8135\/wp-content\/uploads\/2023\/09\/Business_types_iStock-1163422794.jpg 1322w, https:\/\/ecourse.uk\/8135\/wp-content\/uploads\/2023\/09\/Business_types_iStock-1163422794-300x180.jpg 300w, https:\/\/ecourse.uk\/8135\/wp-content\/uploads\/2023\/09\/Business_types_iStock-1163422794-1024x614.jpg 1024w, https:\/\/ecourse.uk\/8135\/wp-content\/uploads\/2023\/09\/Business_types_iStock-1163422794-768x461.jpg 768w\" sizes=\"auto, (max-width: 541px) 100vw, 541px\" \/><figcaption id=\"caption-attachment-1932\" class=\"wp-caption-text\">LLC LLP S- C-Corp Business Types Models Words 3d Illustration<\/figcaption><\/figure>\n<p>All businesses have a legal status e.g. sole proprietorship, partnership, charity, company and so on. While there is a general commonality from country to country but the details may be different depending on where you are based or where you are trading.<\/p>\n<p>If necessary, revise your understanding of [UK] <strong><a href=\"http:\/\/www.ecourse.co.uk\/materials\/businessorganisations.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">forms of business organisation<\/a><\/strong> &#8211; particularly <strong>companies<\/strong>.<\/p>\n<p>See also: <strong><a href=\"https:\/\/www.qmul.ac.uk\/qlegal\/media\/qlegal\/docs\/qLegal---I-Am-Setting-Up-My-Company,-Which-Structure-Should-I-Go-For---29.04.20.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">UK Company Structure<\/a><\/strong> qLegal, Queen Mary College 2020<\/p>\n<h4><span class=\"ez-toc-section\" id=\"AN_INTRODUCTION_TO_ACCOUNTING_IN_THE_UK\"><\/span><strong>AN INTRODUCTION TO ACCOUNTING IN THE UK<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>There is an online introduction to accounting in the UK. This will provide very useful information about accountants and what accountants do. It covers what accountants do, the structure of the accounting profession in the UK, how accountants qualify, and even the personal qualities that make for a good accountant. And, of course, why studying accounting is such a good idea! You can access the material <strong><a href=\"http:\/\/ecourse.co.uk\/media\/accprof\/\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a><\/strong>.<\/p>\n<p>There is some supplementary reading (with up to date statistics) at:<\/p>\n<p><strong><a href=\"https:\/\/www.ccab.org.uk\/wp-content\/uploads\/2020\/06\/The-Accountancy-Profession-in-the-UK.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">The Accountancy Profession in the UK<\/a><\/strong><em>\u00a0Oxford Economics, May 2017<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BUSINESS STRUCTURES All businesses have a legal status e.g. sole proprietorship, partnership, charity, company and so on. While there is a general commonality from country to country but the details may be different depending on where you are based or where you are trading. If necessary, revise your understanding of [UK] forms of business organisation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3,1],"tags":[],"class_list":["post-1290","post","type-post","status-publish","format-standard","hentry","category-lectures","category-uncategorised"],"_links":{"self":[{"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/posts\/1290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1290"}],"version-history":[{"count":12,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/posts\/1290\/revisions"}],"predecessor-version":[{"id":1933,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=\/wp\/v2\/posts\/1290\/revisions\/1933"}],"wp:attachment":[{"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ecourse.uk\/8135\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}