Understanding Business Accounts
Training
Blended learning in Wembley
Description
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Type
Training
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Level
Advanced
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Methodology
Blended
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Location
Wembley
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Class hours
10h
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Duration
3 Months
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Start date
Different dates available
This course – designed to help you understand the principles of business accountancy - also covers part of the syllabus for the ITEC Business Competence Level 3 unit qualification.
Comprising five lessons, our business accounts training is designed to help you understand balance sheets, profit and loss (P&L) accounts including stock-taking, depreciation, capital and revenue expenditure. You will also learn about accruals and the role of capital and reserves. The final lesson considers profit margins, analysing a profit and loss account and how to make comparisons on financial statements.
This is a fully flexible self-study programme, which means you can organise your training around your existing work and home commitments. There’s also a course advisor on hand to help out when you need it.
Once you've completed your training in understanding business accounting, you'll have completed a workbook to keep as a handy reference guide and will be entitled to feature the prestigious Pitman Training name on your CV.
Should you wish to progress your learning further, you could consider Costing and Pricing, or one of our many diplomas, which have the potential to transform your skills and career.
Facilities
Location
Start date
Start date
About this course
To understand the two most commonly used financial statements in business – a balance sheet and a profit & loss account.
Those who wish to start their own business, those looking for work as well as employees who wish to learn more about how to understand business accounts.
Prior knowledge of basic accounting practices would be an advantage.
Tutorled Training with high quality training materials. Our tutors will help to you to achieve your goal, motivating you and supporting you through out the training process.
During Enrolment, you will have an interview and/or assessment with Course Advisor to make sure that the course you have chosen is right for you. During this process we will also check your exam certificates and discuss which course is suitable for you.
Reviews
Subjects
- Accounts
- Accounting
- Finance
- Financial
- Accountancy
- Financial Training
- Business Finance
- Business
- Finance strategy
- Understanding Business Accounts
Teachers and trainers (2)
Darshana Edirisinghe
Centre Supervisor
Jiten Patel
Centre Supervisor
Course programme
Lesson One: Fixed and current assets, debtors and creditors, the accounting equation. capital and reserves, the purpose and layout of a balance sheet.
Lesson Two: The purpose of a profit and loss account, the importance of stock-taking, depreciation, capital and revenue expenditure.
Lesson Three: Accruals, provisions, prepayments, the role of capital and reserves.
Lesson Four: The importance of the profit and loss account, calculating profit at various levels.
Lesson Five: The meaning of profit margins, making comparisons on financial statements, analysing a profit and loss account
Understanding Business Accounts