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Balance sheet

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Balance sheet

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by P2-D2.
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  • May 10, 2016 at 12:37 pm #314407
    fazeel93
    Member
    • Topics: 71
    • Replies: 49
    • ☆☆

    How many marks are there for drawing up the balance sheet or cash flow statement , my tutor here told me all the marks really are for working so no need to make the sheet it self

    May 12, 2016 at 7:22 pm #314811
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7163
    • ☆☆☆☆☆

    Hi,

    There are no presentation marks for producing the financial statement asked for in the requirement but I’d still produce it. The tutor is correct that the vast majority of the marks are available for the workings but if you are asked to produce a consolidated statement of financial position then that is what you should do.

    Just think if your script was marginal, on reviewing it then I doubt you’d be given a pass if you’ve not answered the requirement properly. Also by producing the financial statement you’ll be easing the marking for the marker.

    Thanks

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