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Cambridge IGCSE Business Studies

5.4.1The main elements of a statement of financial position

The main elements of a statement of financial position in Cambridge IGCSE Business Studies: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic15 practice questions1 lesson

Learning objectives

What the syllabus expects you to be able to do.

  1. 5.4.1.1Identify non-current and current assets and liabilities and explain capital employed.
  2. 5.4.1.2Calculate total assets, total liabilities and working capital and use the statement to make decisions (constructing one is not assessed).

Lessons

  • The statement of financial position

    35 min

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Sample question

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The main elements of a statement of financial position: sample question

1 mark

Which of these is a current asset?

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