I found restating the financial statements to be quite difficult not in terms of work load but in terms of grasping what we are actually required to do. Luckily I sat down to actually read chapter 4 of the study guide, which gave me more of a guide. There was a fair bit of thought that went into the process like “are taxes operating or financial”? Or “do we keep current and non-current assets, or are they combined”. Fortunately for me I relied strongly on the study guide for guidance, along with our lecturer coming around and correct my “current and non-current” errors.
A day in uni with Rudolf 