Adjustments to the SOFP and SOCI | Live Revision for BTEC National Business Unit 3 (2024 Exams)
In this final session on Business Finance for Unit 3 we look at the different adjustments that are made to the statement of financial position (SOFP) and statement of comprehensive income (SOCI). These are prepayments & accruals, and depreciation / amortisation.
This is a replay from Monday November 20th 2023
Jim Riley is the co-Founder and CEO of tutor2u. Prior to founding tutor2u with twin brother Geoff in 2000, Jim was Director of Strategy for Thomson Travel Group. Prior to this Jim spent 10 years with PwC. Jim is a Fellow of the ICAEW and holds an MBA from Bradford Business School.