Hi, in the chapter 10 lecture, the tutor shows and discusses in detail notes relating to analytical procedures which include the RATIO acronym and the tutor also says we would need to calculate maybe the gross profit, net profit percentages and inventory, receivables and payables days. I just wanted to ask why they aren't included in the notes available for print.
Ask the Tutor ACCA AA
Analytical Procedures
4y ago#1Because, as "notes", they do not duplicate all the assumed knowledge of Financial Accounting - if you need reminding of the calculations of ratios, you should find them in our FA materials https://opentuition.com/acca/fa
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