This article covers the basics of accounting fundamentals, including financial statements, balance sheets, and income statements. It also includes a detailed analysis of financial ratios for Chocco plc, a chocolate and confectionery manufacturer. The article provides insights into the company's profitability, liquidity, and efficiency, along with suggestions for future development. The subject is Accounting, and the course code is not mentioned. The article is relevant for students studying accounting in any college or university.