Study Block

Learn how to analyze financial statements using financial indicators/ratios. Learn how to calculate and comment on the financial ratios. Suitable for Grade 10 - 12 accounting learners.

Different types of financial statement ratios for use in analyzing financial statements. Includes financial ratios explanations, formulas, and tips on how to comment on the ratios.

Recap on the perpetual inventory system and perpetual inventory system. Includes income statement format and the disclosure note for Inventories.

Theory - Differences and similarities between the periodic and perpetual inventory system. Also includes: How to record the ledger accounts (T-accounts) under each inventory system.