Balance Sheet (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
Balance Sheet (Byte Size) Course
You are probably familiar with the accounting term 'balance sheet'. However, relatively few of you will probably really understand what a balance sheet really is or what it purports to show. In this course we shall see that the balance sheet aims to provide a statement of financial position by setting out the resources of the business, on the one hand, and the claims against those resources, on the other. The information contained within the balance sheet can be presented in various forms and in this course we shall consider the main forms of presentation. In drawing up a balance sheet, we employ a number of accounting rules or conventions. We consider these in some detail and discuss their limitations.
By the end of this course, you should be able to:
explain the nature and purpose of a balance sheet
define the terms asset, liability and capital
explain the typical form and content of a balance sheet
discuss the major conventions that underpin the balance sheet
explain why a balance sheet on its own does not provide an adequate record of events
Facilities
Location
Start date
Start date
Reviews
Subjects
- Presentation
- Balance Sheet
- IT
- Skills and Training
Course programme
Syllabus
Introduction
Objectives
Section 1: Nature and Purpose Of A Balance Sheet
1.1 The Nature of Assets
1.2 The Nature of Claims
1.3 The Relationship Between Assets Liabilities and Capital
1.4 Other Important Conventions
Section 2: Capital Revenue and Expenses
2.1 The Effect of Transactions On Capital
2.2 The Link Between the Profit and Loss Account and the Balance Sheet.
Section 3: The Presentation of the Balance Sheet
3.1 Classification of Assets and Liabilities
3.2 Balance Sheet Formats.
3.3 Miscellaneous Points On The Balance Sheet
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.
Balance Sheet (Byte Size Skills Course)