Session 15 Incomplete records
　　Main contents:
　　1.The circumstances that lead to incomplete records
　　2.Net assets approach
　　3.Reconstruction of financial statements
　　15.1 The circumstances that lead to incomplete records
　　●Many smaller businesses keep very limited accounting information such as:
　　Daily records of cash
　　A file of invoices paid and wages paid
　　●In some cases the sole trader does not keep records, or losses all or part of them and therefore the information kept is incomplete. In these instances it is possible to reconstruct the financial statements from limited data.