Understanding Accounts
Who should attend
Anyone running their own business who would like to understand the information their accountant produces and be able to ask more searching questions
Anyone who has to look at other companies’ accounts as part of their job
This course does not cover the actual mechanics of double entry which would be used by a book-keeper – please see our course Understanding Double-Entry if you also require this knowledge.
Aim of the course
To ensure delegates understand:
the main forms of financial statements and the purposes for which they are used
how to read accounts and extract useful information
Course content
The differences between Profit & Loss Account, Income & Expenditure Account, Receipts & Payments Account, Balance Sheet, Cashflow Forecasts and Budgets
Financial Accounts vs Management Accounts
Understanding the structure of the various documents and the technical terms used
Assurance provided by audit and other reports
Some basic tools for analysing the financial performance and health of an organisation
The course will be very participative and is largely based around a number of case studies in which real sets of accounts are discussed. Emphasis is placed throughout on relating the course content back to participants’ experience in their own workplace.
Trainer Ken Taylor FCA / Geoff Wood BSc ACA
Dates 20 Apr 2007 9 Nov 2007
Time 9.30 - 5.00
Location 100a Chalk Farm Rd NW1 8EH
Fee £250 + VAT or 4 'Block Booking Places' (from £200 + VAT)