Build Your Skill
  • My Account
  • Checkout
  •  
  • Resources Home
  • About Me
  • Microsoft Resources
    • Microsoft Word Resources
    • Microsoft Excel Resources
    • Microsoft Access Resources
  • Business & Accounting
    • Business Resources
  • CPD & Training
    • Educator Training Dates
    • Training Videos
  • Freebies
  • Contact
Income Statement (Level 1), Profit and Loss Account, N5 Accounting, N5 Business Management

BYS [FINV3003] – Income Statements (Level 1)

£25.00

Understanding, interpreting and analysing Income Statements (Trading, Profit & Loss Accounts). See below for a full product description.

Category: Business Resources Tags: Finance, Higher Business Management, Income Statements, Income Statements (Level 1), N5 Accounting, N5 Business Management, Profit and Loss Account
  • Description
  • Reviews (0)

Description

This unit begins with interpreting basic income statements and answering simple questions about the information contained in them. There are income statements to be completed using data (but with excel formulae already in place to calculate the Gross Profit and Profit for the Year), followed by questions that need to be answered about the information. Continuing on, there are several tasks that incorporate both the “trading account” and the “profit and loss account” with questions focusing on cost of sales analysis. Building from this, there are tasks where Income Statements need to be completed with the data provided and using Excel formula (or using manual calculations) and analysis of this information. There are also tasks where income statements need to be compared, analysed and interpreted. At the end of the unit, there are general theory questions followed by exam style questions.

** Please note that solutions, a paper based version of these tasks, a theory note and information on the new international accounting terminology are included in the purchase price **

Reviews

There are no reviews yet.

Be the first to review “BYS [FINV3003] – Income Statements (Level 1)” Cancel reply

You must be logged in to post a review.

Related products

  • BYS [FINV3004] - Statement of Financial Position (Level 1)

    BYS [FINV3004] – Statement of Financial Position (Level 1)

    £25.00
    Add to basket
  • Intro to Accounting

    BYS [FINV1019] Introduction to Accounting

    £25.00
    Add to basket
  • BYS [FINV1009] - Ledgers 1

    BYS [FINV1009] – Ledgers 1

    £25.00
    Add to basket
  • Higher Accounting SQA financial questions covering Partnerships, Manufacturing Accounts, and Limited Company final accounts

    ***Higher Financial Accounting SQA Past Papers (Excel)*** UPDATED

    £0.00
    Add to basket
  • Our Resources

    Microsoft Word Resources
    Microsoft Excel Resources
    Microsoft Access Resources
  • Legal

    Privacy Statement
    Terms and Conditions
    Returns Policy
  • Buy Online

    Visa Credit and Debit payments supported by Worldpay Mastercard payments supported by Worldpay Maestro payments supported by Worldpay
    JCB payments supported by Worldpay American Express payments supported by Worldpay
  • Top Rated Products

    • Profitability Ratios, Efficiency Ratios, Liquidity Ratios, N5 Accounting, Higher Business Management, FInance BYS [FINV3005] - Financial Ratios (Level 1) £25.00
    • National 5 Accounting past paper questions on the Income Statement from 2016 to 2024 ***N5 Accounting - SQA Income Statements Q's*** UPDATED £0.00
    • BYS [INT1010] - PDA IT in Business L7 (Excel) BYS [INT1010] - PDA IT in Business L7 (Excel) £75.00
    • Basic Formulas, Basic Functions, N4 Admin & I.T, Excel Spreadsheets BYS [SSV1001] - Basic Formulae & Formatting £20.00
    • Business Management - Market Research Business Management - Market Research £0.00

Copyright © 2025 Build Your Skill

View Full Site