About this Course

Objectives

Understanding financial statements is crucial for business success. Whether your organisation is a large multi-national or a growing small business, having the right financial tools at your disposal is imperative.

Outcomes

Tutors will walk you through the key skills and competencies needed to create and maintain a well-rounded and healthy organisation. The course will provide you with an expert view of the complexities that you will come across in financial statements by focusing on areas such as; cash flow statements, balance sheets, limited company accounts, errors and incomplete records, as well as common accounting equations.

COURSE OUTLINE

The Certificate in Understanding Financial Statements programme contains 8 subjects and is designed as an overview for those wishing to learn more about financial statements and their inherent complexities:

• Introduction
  
• The accounting equation and the balance sheet
  
• The trial balance and final accounts
  
• Adjustments to financial accounts: accruals, depreciation, control
  
• Errors and Incomplete Records
  
• Cash flow statements for companies
  
• Limited company accounts
  
• Interpretation of financial accounts - ratio analysis
  
• Revision
  

ASSESSMENT / CERTIFICATE OF COMPLETION

To attain the LSBF Certificate in Understanding Financial Statements, students must achieve all of the following:

• Complete the 50 hours of scheduled learning and teaching activities.
  
• Complete and achieve a satisfactory mark in a 1500-word assignment
  
• Complete and achieve a satisfactory mark in a 90 minute examination
  

Assignment and examination will be checked for plagiarism via Turnitin to verify the student’s work.

WHO SHOULD ATTEND?

This programme is ideal for the busy manager or professional looking to gain a clear understanding of financial statements.

COURSE DURATION

50 mandatory online contact hours

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