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5. Business narrative

5.1 Global Retail - a real business

Global Retail is a real company. We have changed its name and the reporting periods.

​When looking at financial information, you need to understand how reporting periods work...

5.2 Highlight the story

Linking the BaSIS Framework concepts to the financial statements...

5.3 Tell the story

The 'business narrative' is a macro-level financial story about a business. The same process can be used for the balance sheet and income statement of any business. It gives a high-level understanding of the business and provides a 'launching pad' for a more detailed analysis as required.
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  • Home
  • Color Accounting
  • Boot Camp
    • Benefits
    • 0. Introduction
    • 1. Funding Butterfly
    • 2. BaSIS Framework
    • 3. Classic transactions >
      • Tx01. Loan
      • Tx02. Contributed equity
      • Tx03. Repay loan
      • Tx04. Purchase equipment
      • Tx05. Purchase inventory
      • Tx06. Cash Sale COS
      • Tx07. Window cleaner
      • Tx08. Credit Sale COS
      • Tx09. Shop cleaning
      • Tx10. Gift card
      • Tx11. Account received
      • Tx12. Prepaid Sale COS
      • Tx13. Prepaid advertising
      • Tx14. Depreciation
      • Tx15. Advertising
      • Tx16. Pay supplier
    • 4. Summary learnings
    • 5. Business narrative
    • 6. Extenders
  • Curriculum
    • Menu page
  • Store
  • Teachers
  • More
    • Support
    • Gallery
    • LMS plans
    • Contact Us
    • Legal notices >
      • IP Rights