LAUNCHING IGCSE BUSINESS STUDIES TUTOR-LED ONLINE COURSE
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5.1.1 The need for business finance:
5.1.2 The main sources of capital:
5.2.1 The importance of cash and of cash-flow forecasting:
5.2.2 Working capital:
• The concept and importance of working capital
5.3.1 What profit is and why it is important:
5.3.2 Income statements:
5.4.1 The main elements of a balance sheet:
5.4.2 Interpret a simple balance sheet and make deductions from it, e.g. how a business is financing its activities and what assets it owns, sale of inventories to raise finance (constructing balance sheets will not be examined)
5.5.1 How to interpret financial statements by calculating and analysing accounting ratios:
5.5.2 Liquidity:
5.5.3 Why and how accounts are used:
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