The nature of assets

Photo by Krisztina Papp on UnsplashA retailer has recognisable rights to its retail units even though it does not own the shopping centre. The elements of financial statements are the building blocks of financial statements.  If your students understand what the elements are then they have a good basis for understanding how events are reported… Continue reading The nature of assets


Paul Jennings gives some tips on how to explain the nature of depreciation to students.