The objective of this seminar is to get you familiar with the effects of typical business transactions on the financial position and performance of a business as shown by its three primary financial statements.
The work will focus on a case study, Grekz, which summarises the financial transactions of the business for its first year. Pro formas are supplied for you to complete. Interpretation is important and you will be asked to discuss the results of the business for the year and its financial position as at the end of the year.
The case study material can be downloaded from here.
There is a suggested solution to Grekz here.
Elearning 2
There is a presentation introducing the fundamentals of accrual accounting online. This will help you with your preparation for the seminar.