Anyone running their own business who would like to understand the information their accountant produces and be able to ask more searching questions
Anyone who has to look at other companies’ accounts as part of their job
This course does not cover the actual mechanics of double entry which would be used by a book-keeper – please see our course
Understanding Double-Entry if you also require this knowledge.
Aim of the course
To ensure delegates understand:
the main forms of financial statements and the purposes for which they are used
how to read accounts and extract useful information
Course content
The differences between Profit & Loss Account, Income & Expenditure Account, Receipts & Payments Account, Balance Sheet, Cashflow Forecasts and Budgets.
Financial Accounts vs Management Accounts
Understanding the structure of the various documents and the technical terms used
Assurance provided by audit and other reports
Some basic tools for analysing the financial performance and health of an organisation.
"The course has been very useful and has given me a greater understanding" Chris B., Close Asset Finance
"Excellent mix with uncomplicated analysis" Gary L., Travel Trust Association
The course will be very participative and is largely based around a number of case studies in which real sets of accounts are discussed. Emphasis is placed throughout on relating the course content back to participants' experience in their own workplace.
CPD: 6 hours
FEE: £275 plus VAT or 4 'Block Booking
Places' (from £208 plus VAT)
Terms: A full refund (less 20% administration charge) will be made for cancellations received in writing or by email not less than 15 days prior to the course. Cancellations after this time are charged at the full fee.
