Edexcel Business - Interpretation of Financial Statements

A new series of resources aimed at assisting teachers with the delivery of the Edexcel A Level Business specification. This resource specifically looks at topic 3.5.1. Interpretation of Financial Statements. This PowerPoint presentation looks at the two main financial statements that a business has to prepare, namely the statement of comprehensive income (Profit and Loss Account) and the statement of financial position (Balance Sheet). Both statements are prepared in accordance with the demands of the Edexcel examinations and there is a brief assessment of the stakeholder interests for each account. The slides contain several activities with suggested answers including the Quick Fire Five and a 10 mark practice question. The clear and well-presented nature of the slides are aimed at helping students to understand the topics with each topic analysed to provide a balanced assessment of the theory.