BYS [FINV1007] – Statement of Financial Position (Level 2)


Plenty of practice for N5 Accounting, these Statements of Financial Position also includes extracting ledger entries and dealing with Notes to the Accounts. See below for a full product description.


The Level 1 pack was written more with the subject of Business Management in mind, but Level 2 has specifically been written to support N5 Accounting. The tasks build up in difficulty in terms of help with layout and adjustments. Tasks 1 to 9 all have the layout template, but pupils still have to extract the relevant ledger entries and put them in the correct place. Notes to the accounts such as pre-payments and accruals also need to be considered. From Task 10 onward, there is no layout help, aside from accounting columns. Formulas have been entered in Tasks 1 to 10, but they can easily be removed to make the tasks more challenging. Solutions are included in the pack.

** A paper pack is also included if printed tasks are preferred **


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