Teachers' Guide: Accounts

The theory section covers the following theories:

• balance sheet
• profit and loss account
• ratio analysis
• sources of growth - internal / external and economies of scale

The worksheets are on the following topics:

1. ratio analysis
2. growth - measuring growth and economies of scale
3. mergers - types of merger, economies of scale and profitability

The photos and questions are on:

1. assets and liabilities, value of a business and goodwill
2. fixed and current assets and liabilities

The further work looks at:

• external accounts - stakeholders and their use of accounts
• construction of accounts
• cash flow statements