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6.4.1 Purpose of financial statements
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What are financial statements?

What are financial statements?

Financial statements are formal reports produced at the end of a business's trading year. They bring together daily records of sales, purchases, wages and bills to show what the business earned, spent, owned and owed.

6.4.1 Purpose of financial statements Lesson

  1. GCSE
  2. /Business
  3. /6.4.1 Purpose of financial statements

Step-by-step lessons on AQA GCSE Business 6.4.1 Purpose of financial statements. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.

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