In order to proceed with a simulation of the business of BIS Ltd., you will need to understand what the company does, and how it plans to turn a profit.
Our simulated company, BIS Ltd., a software reseller company, will carry out its operations during several fiscal periods. Financial statements report on the activities of the firm during each fiscal period. We shall prepare financial statements for seven fiscal periods, which start from the beginning of operations of the company until the end of the fourth year: first month, first quarter, first half year (second quarter), first year, second year, third year and fourth year.
Subscribe today and learn the fundamentals
It seems you don't have access to the exclusive content of The Course.
In order to gain access to the content of The Course you will have to register with EntreprenAble. Membership with EntreprenAble will also give you access to our interactive Business Game and Accounting Simulations.
Subscribe today and get:
- Unlimited website access to The Course
- Optimized view for Desktop, Tablet and Mobile devices
- Free 7-day, no obligation trial - normally £15
Test-drive the system for free