Interested parties

A limited company has asked possible investors to buy shares in the business. Which details would interest a possible investor?

Feb/March 2024

Which external parties would have an interest in a trader’s financial statements?

May/June 2021

For what reason would a bank manager want to look at a business’s financial statements?

May/June 2022

Why might a bank manager want to examine the financial statements of a business?

May/June 2022

Ramiz is employed as a sales manager in a car showroom. His pay depends on how many cars he sells. Which accounting ratio would be relevant for Ramiz?

May/June 2023

In what ways does a trader make use of the information given in financial statements?

May/June 2024

In what way does a trader use the information given by financial statements?

May/June 2024

Rikado gave up his work as a machine operator in order to launch his own manufacturing business. Why did he want to examine his financial statements at the end of the first year of trading?

May/June 2025

Maluti runs a trading enterprise that has a bank overdraft and earns profit. Why would the government be most interested in Maluti’s financial statements?

May/June 2025

Each year, a trader draws up financial statements. What do these help the trader to do?

Oct/Nov 2020

A trader draws up financial statements every year. What do these help the trader to do?

Oct/Nov 2020

Which stakeholder uses a business’s financial statements to evaluate current performance and plan future activities?

Oct/Nov 2020

A trader prepares financial statements every year. What do these help the trader to do?

Oct/Nov 2020

Why would a trader work out the profit made by his business?

Oct/Nov 2021

John keeps a complete set of accounting records. Why, in addition, does he prepare a statement of financial position?

Oct/Nov 2021

Why would a supplier want to examine the financial statements of a credit customer?

Oct/Nov 2021

John keeps a complete set of accounting records. Why does he also produce a statement of financial position?

Oct/Nov 2021

Why would a business owner want to review his financial statements at the end of the year?

Oct/Nov 2021

Why would a trader work out the profit made by his business?

Oct/Nov 2021

John keeps a complete set of accounting records. Why does he also draw up a statement of financial position?

Oct/Nov 2021

Why might a supplier want to examine the financial statements of a customer who buys on credit?

Oct/Nov 2021

Ahmed works as a trader. Why should he draw up financial statements?

Oct/Nov 2022

For what purposes would a trader use his income statement and statement of financial position? 1 to allow decisions to be taken about the business's performance 2 to show the balance on the business bank account at a specific date 3 to present the financial position of the business on a given date 4 to indicate whether the business made a profit or a loss in the financial year

Oct/Nov 2022

Ahmed works as a trader. Why ought he to prepare financial statements?

Oct/Nov 2022

What purposes would a trader use his income statement and statement of financial position for? 1 to assist decisions about the business's performance 2 to display the balance on the business bank account at a particular date 3 to present the business's financial position on a particular date 4 to indicate whether the business made a profit or a loss in the financial year

Oct/Nov 2022

Jack is a shareholder in a company. He was given the company’s financial statements. Why did he consider the financial statements relevant?

Oct/Nov 2023

Why is business profit and loss measured?

Oct/Nov 2024

M Limited has ensured that its financial statements can be compared with those from earlier years. How would this affect interested parties?

Oct/Nov 2024

A trader draws up financial statements every year. What do these enable the trader to do?

Oct/Nov 2024

Who might be interested in the value of the non-current assets that a business can offer as security?

Oct/Nov 2024

What is the aim of measuring business profit and loss?

Oct/Nov 2024

M Limited has ensured that its financial statements can be compared with those from previous years. In what way does this influence interested parties?

Oct/Nov 2024