Lesson · Financial statements
What financial statements are for, and who reads Baobab's
Name the users of Baobab's statements and what each needs.
13 minutes Standard as at 6 November 2026
What you will be able to do
- Name the users of Baobab's statements and what each needs
- Name the statements in a full set and what each shows
This is a preview of a member lesson. The full lesson is in the Financial statements library, open to everyone who enrols.
Free · one email a week
IFRS and SAM, one requirement at a time
Each week you get the Institute's new articles: one requirement of IFRS 17, IFRS 9, IFRS 15, IFRS 18 or SAM, worked on a South African case. You start with the free IFRS 18 readiness checklist, ten areas to work through before IFRS 18 takes effect, each with its paragraph reference.