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  #   005-033 - Interpretation Of Financial Accounts

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  This paper contains a series of comments which advise a business person on how to interpret financial accounts. Items discussed include: Key Components Of Financial Accounts Trading And Profit &amp; Loss Account Format Of Trading And Profit &amp; Loss Account Key Statistical Information In A T ...[Read more](#hikashop_show_tabular_description)

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 This paper contains a series of comments which advise a business person on how to interpret financial accounts. Items discussed include:

- Key Components Of Financial Accounts
- Trading And Profit &amp; Loss Account
- Format Of Trading And Profit &amp; Loss Account
- Key Statistical Information In A Trading And Profit &amp; Loss Account
- Balance Sheet
- Debtors' Aged Analysis
- Stock
- Creditors' Aged Analysis
- Fixed Assets
- Long Term Liabilities
- Tax Provision
- Provisions
- Working Capital
- Loan Account Movements
- Bank Account Analysis
- Source And Application Of Funds Statement

The paper also contains a sample of a Departmentalised Profit &amp; Loss Account.
