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
„Very clear and straightforward explanation of the topic of the class and interesting simple examples. This made it easier to put it together in my head. A big plus for the good, professional English.”
From an opinion survey about the course ‘Introduction to Accounting - Fundamentals’ delivered in closed course format in September 2023.5,62/6
Average rating for ‘Introduction to Accounting - Fundamentals’ courses delivered in closed course format between 2023 and 2024.„Nice atmosphere, logical lecture and real life examples. Everything was perfect and I really recommend Mr. Maciej!!!”
From an opinion survey on the course ‘Introduction to Accounting - Fundamentals’ delivered in closed course format in September 2023.95%
participants of the ‘Introduction to Accounting - Fundamentals’ courses delivered to companies in 2023-2024 would recommend our course to 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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