identify/calculate and interpret financial and non-financial information

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May 7, 2015 at 3:21 pm #244619
topoftherock
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Hi there,
I’m seeing these terms being mentioned consistently on ACCA P3 exam papers. Please can you tell me what they are in layman’s terms with some examples?
Many thanks
May 7, 2015 at 6:59 pm #244680
Ken Garrett
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Financial = usually normal accounting ratios. Eg current ratio, days of inventory.
Non-financial = for example, number of faults in manufacturing, customer satisfaction, staff turnover, market share.
May 10, 2015 at 12:21 pm #245092
topoftherock
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thanks gromit!
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