Lesson · Small business finance for owners
Profit is not cash
Explain why Baobab can be profitable and short of cash.
17 minutes Standard as at 6 November 2026
What you will be able to do
- Explain why Baobab can be profitable and short of cash
- Read the cash flow statement from an owner's point of view
This is a preview of a member lesson. The full lesson is in the Small business finance for owners library, open to everyone who enrols.
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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.