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Module 2: Operating the Firm - Financial Reporting

Learning Objectives: On completion of this module you will able to ‘manage’ a simulated firm, BIS Ltd., enter typical transactions in the journal, balance sheet, income statement, cash flow statement and changes of equity statement.

In doing so you learn step by step financial accounting and will be able to prepare trial balances, interpret and analyse financial statements.

Thus on completion of this section you will have learnt crucial, fundamental, must-have business knowledge and skills that you will be able to apply in your studies, your career or in managing your business.



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