AAT Level 4 - Drafting and Interpreting Financial Statements (DAIF) - Mock Exam Walkthrough - Part 1

Within this video I'll be walking you through Task 1 and 2 of Drafting and Interpreting Financial statements. This is covering mock two from the AAT website.
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[@tatianalagush8369]

Thank you for a great video, it helps a lot 🔥

[@vaneetasingh8974]

Thank you very much for this video 🙏🙏

[@gingergirl7039]

Thanks for the video! :) Are you planning to do a walkthrough for Cash and Financial Management by any chance? :)

[@Willboardman]

At some point I will be!

[@vanessacomparolo9442]

Thank you so much for this video! Can you please do TASK 1 & 2 with the statement of financial position and profit or loss? 🙏🙏

[@Willboardman]

I’ll definitely be doing them at some point!

[@ania070707]

Thank you for this video. I have question regarding Personal Tax Level 4. Calculating Income Tax Payable. Example: Sallly has employment income 51,615, she received rental income from investment property of 8,000 and she had brought forward property loss from prevoius year 2022/23 of 15,000. What would be taxable income? I am sorry that this is different topic than DAIF

[@Willboardman]

Reduce the property income to zero by offsetting the loss. This would then leave your taxable income as the employment income.