Business Finance and Financial Statements

This week’s topics

Business Finance and Financial Statements

1. Sources of finance across startup, growth, and mature stages
2. Debt versus equity finance
3. Purpose and components of the statement of profit or loss
4. Statement of financial position and statement of cash flows
5. FINANCIAL STATEMENTS: all the basics in 8 MINS!
6. Capital Structure | A-Level & IB Business
7. The INCOME STATEMENT Explained (Profit & Loss / P&L)

What you will be able to do

• 1.4 State different types of business finance at different stages in the growth of a business.
• 1.5 Explain the different types of accounting and financial statements.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: state different types of business finance at different stages in the growth of a business.

Study materials

Videos

• FINANCIAL STATEMENTS: all the basics in 8 MINS! · YouTube · Accounting Stuff · 9 min · for registered students
• Capital Structure | A-Level & IB Business · YouTube · tutor2u · 4 min · for registered students
• The INCOME STATEMENT Explained (Profit & Loss / P&L) · YouTube · Accounting Stuff · 11 min · for registered students

Further resources

• The Business Finance Guide, The journey and finance options · Reading · Other, report; pp. 6–29 · for registered students
• Principles of Accounting, Volume 1: Financial Accounting, ch. 2: Introduction to Financial Statements · PDF · OpenStax, textbook chapter; pp. 67–114 · for registered students
• Introduction to Business 2e, ch. 16.3–16.5: Short-term, long-term and equity financing · PDF · OpenStax, textbook chapter; pp. 543–548 · for registered students