[Accounts Training Logo]
[Accounting knowledge | for everyone]
  0845 835 8668
  Info@AccountsTraining.co.uk
Understanding Company Accounts (Introduction)
"It sounds extraordinary but it's a fact that balance sheets can make fascinating reading"
-- Mary Archer
[ ]Course overview

[ ]Statutory accounts (the ones filed at Companies House) are getting ever more complex.
[ ]This course shows you how to navigate your way around a set of company accounts to find
[ ]the information you want. It will enable you to understand the balance sheet, profit and loss account
[ ]and cash flow and draw your own conclusions about the financial statements published by your
[ ]customers, suppliers and competitors!

[ ]Course content
[Bullet 1]  The difference between management accounts and statutory accounts
[ ]
[Bullet 1]  What to look for in an audit report
[ ]
[Bullet 1]  What are the basic accounting concepts
[ ]
[Bullet 1]  The profit and loss account and the five profit figures:
[ ]  PBIT/EBIT, EBITDA, PBT/EBT, PAT and retained profit
[ ]
[Bullet 1]  Understanding the balance sheet: fixed assets and depreciation, stock, debtors,
[ ]  cash, creditors, capital and reserves
[ ]
[Bullet 1]  The working capital cycle
[ ]
[Bullet 1]  Cash flow statement - why profit does not equal cash
[ ]
[Bullet 1]  Turnover, profit margins and trends
[ ]
[Bullet 1]  An introduction to ratios; liquidity & current ratio, how to calculate these and when
[ ]  to use them
[ ]
[Bullet 1]  The importance of return on equity (ROE) and return on capital employed (ROCE)
The course focuses on understanding a company's annual report and accounts (the statutory audited accounts) and we use many different sets of accounts - from small companies through to plcs - to ensure you know how to apply each concept to real world situations.

[ ]Who will benefit?
[ ]
Our Understanding Company Accounts course is suitable for:
[ ]
[Bullet 1]  Managers, directors and non-executive directors
[ ]
[Bullet 1]  New entrants to credit management, equity analysis, financial services, fund management and
[ ]  investor relations
[ ]
[Bullet 1]  Graduates, accounts clerks, credit controllers, trainee accountants
[ ]Duration: One day

[ ]
Understanding Company Accounts is also available as an in-house course and can be tailored to meet any specific requirements that you may have.

   "Fantastic, very open and clear communication"
Associate Director, Centric

         
[Accounting knowledge | for everyone]