COURSE OBJECTIVES: This course is intended for those with no previous accounting experience who need a set of accounts demystified. It will explain the real meaning of complex accounting jargon as well as providing delegates with the key financial skills they need to be able to understand the meaning of a set of accounts.
COURSE CONTENT
- Getting to grips with the terminology - What does accounting jargon really mean
- Review of the basic financial statements - Profit and loss account, balance sheet, cash flow
- What they tell you about the organisation
- How they are produced
- Why they are needed - Legal, accounting standards, taxation
- How they inter-relate
- Who uses them and why
- The internal customer - user departments - their role and the role of the finance function in budgetary planning and control
- An overview of the significance and impact of the change to International Accounting Standards on the financial statements
WHO SHOULD ATTEND
Those with no previous accounting experience whose role necessitates a better understanding of how accounts are compiled and used.
"Good coverage at right level, enabling even the most finance-resistant to understand the fundamentals principles."
Would you like this course run in-house? Call us on 0207 566 8207 to find out more
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