Company Accounts - Introduction
Why should you attend this course?
- You will gain a basic knowledge of accounting and financial statements, enabling you to understand key accounting concepts and terms.
- You will learn to interpret basic annual reports, increasing your confidence in reading and analysing these documents.
- You do not need to have any prior knowledge of accounting, which makes the course also accessible to those with no accounting experience.
Language of the course
English
Training level
beginner
Who is this course for?
- For individuals new to working with financial statements who need to understand the basic aspects of these reports and their linkage.
- For finance and M&E staff who want to gain a basic understanding of annual reports and key financial statements.
- For those planning advanced courses in finance who need to have a basic understanding before progressing to more advanced courses.
Course programme
- How do accounts work?
- Objectives of accounts
- Users of accounts
- Sources of regulation
- Principles underlying financial reporting: accruals; matching; and prudence
- The financial statements: Balance sheet; Profit and loss account; Cash flow statement
- What do financial statements tell you?
- The links between the balance sheet, the profit and loss account and the cash flow statement
- Recording transactions using the double-entry system
- Contents of published accounts
- The audit opinion
- Reading an Annual Report and identifying key information contained therein
- Getting to grips with accounting jargon
- Tangible and intangible assets
- Depreciation
- Current assets
- Liabilities
- Shareholders' equity
- Sales, operating profit (EBIT) and net profit
- Retained profit
- Cashflow
„Training delivered in an understandable manner and at the right pace.”
From a feedback form on tailored training provided in 2024.5,57/6
Average evaluation of tutors and training materials among participants of workshops for companies organized in 2023-2024.„The presenter was very good, gave good examples and was very communicative. He is able to explain everything in a simple way.”
From a feedback form on tailored training provided in 2023.97%
of all participants of the 2023-2024 tailored workshops for companies would recommend our training to their friends!
Open courses
Our open courses are short courses taught by experienced tutors whose role is to give you practical knowledge and skills that you can use immediately in your daily work.
It's a great opportunity to expand your knowledge and enhance your skills, whether you're motivated by an internal desire to develop or by your employer.
Bespoke programmes for companies
Does your team need training on this topic? Or, would your organization benefit from additional focus on specific issues in the course program, allowing some elements to be explored in greater depth?
With bespoke programs, we can adjust the training content to meet your organization’s specific needs. This includes adding topics not covered in the standard program or omitting sections less relevant to your team. The final cost of customized training is set individually at the proposal stage.
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