Accounting for Companies (Byte Size Skills Course)
Course
In Bude
Description
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Type
Course
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Location
Bude
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Start date
Different dates available
Accounting for Companies Course
This course is concerned with company accounts. We shall see how the basic profit and loss account and balance sheet is adapted and extended to deal with this type of business organisation. We shall also consider the framework of regulations, legal and otherwise, that prescribe the way in which the accounts of limited companies are prepared and presented.
By the end of this course, you should be able to:
explain the accountability requirements imposed on directors
identify the main differences in accounting for companies as compared with accounting for sole traders
prepare a set of final accounts including an appropriation account
discuss the influence of law and the Stock Exchange in determining the the form and content of corporate financial reports
explain the need for accounting standards in financial reporting
Facilities
Location
Start date
Start date
Reviews
Subjects
- Stock Exchange
- Financial Training
- Company Accounts
- Financial
- Balance Sheet
- Accounts
- Accounting
- IT
- Accounting MBA
- Skills and Training
Course programme
Syllabus
Introduction
Objectives
Section 1: Main Features of Company Accounts
1.1 Accountability of directors/published accounts
1.2 The Profit and Loss Account
1.3 The Profit and Loss Appropriation Account
1.4 The Appropriation Account and the Duality Convention
1.5 The Balance Sheet
Section 2: The Regulatory Framework
2.1 The Legislative Framework
2.2 The Companies Acts Requirements
2.3 The Balance Sheet and Profit and Loss Account Formats
2.4 The Directors' Report
2.5 The Auditors' Report
2.6 Stock Exchange Requirements
2.7 The Need for Accounting Standards
2.8 The Response of the Accountancy Profession
Summary
Review Activity
Recommended Reading
Tutor-marked Question Paper
Study HoursThis is only an approximate figure and is dependant upon how much time you can dedicate to your studies and how well you grasp the learning concepts in the course material. Furthermore, at the end of each lesson there is a question paper that needs to be completed and returned to your tutor. You should allow at least 1 - 2 hours of study to complete each question paper.
The approximate amount of time required to complete the course is: 20 hrs.
Accounting for Companies (Byte Size Skills Course)