Balance Sheet

Course

Online

£ 40 + VAT

Description

  • Type

    Course

  • Methodology

    Online

  • Start date

    Different dates available

  • Online campus

    Yes

  • Support service

    Yes

  • Virtual classes

    Yes

Business Acumen is not just fluency in the language of finance, it is the ability to read, understand and interpret financial information to make informed business decisions. Decisions that will positively impact on the financial performance of the organisation.

Understand the structure and elements of an Income Statement. Learn how to differentiate between the different types of cost, expenses and other deductions affecting the overall profit of a business and specific operating decisions. Be able to construct an Income Statement with your own figures.

Delegates will:
• Understand how business decisions impact organisations’ financials and key performance indicators
• Be confident in financial discussions – gain financial fluency and understand terminology and concepts
• Understand the drivers of your profit and loss account, and the interrelationship of the financial statements
• Be able to differentiate between profit and cash flow
• Develop superior cost management skills and understand how to conduct effective investment appraisals
• Understand the implications for planning and reporting in the listed company environment

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

About this course

Delegates will:
• Understand how business decisions impact organisations’ financials and key performance indicators
• Be confident in financial discussions – gain financial fluency and understand terminology and concepts
• Understand the drivers of your profit and loss account, and the interrelationship of the financial statements
• Be able to differentiate between profit and cash flow
• Develop superior cost management skills and understand how to conduct effective investment appraisals
• Understand the implications for planning and reporting in the listed company environment

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Subjects

  • Balance Sheet
  • Finance
  • Financial Training
  • IT
  • Communication Skills
  • Business
  • Management
  • Budgeting
  • Planning
  • Economics

Course programme

Definition

Defines what is meant by the Balance Sheet.

Sources and use of finance
Identifies the three sources of finance in a business, showing their organisation into liability accounts and constitution as capital employed.

Format of the balance sheet
Introduces three ways of setting out the Balance Sheet: the traditional, workingcapital and financial analysis formats.

Inter-relationship with the profit and loss account
Briefly highlights the inter-relationship of the Balance Sheet with the Profit and Loss account.

Examples of formats
Demonstrates the different ways in which account items are handled by each of the three Balance Sheet formats and discusses their relative merits.

Your own figures

Balance Sheet

£ 40 + VAT