Understanding Company Accounts (Introduction)
|"It sounds extraordinary but it's a fact that balance sheets can make fascinating reading"|
|-- Mary Archer
Understanding Company Accounts is a practical course, using many different sets |
of accounts, from small companies to Plcs, to equip you with essential financial skills.
Objectives: To gain a good understanding of accounting principles and enable you to
find your way around a set of company accounts, understand the audit report, balance
sheet, profit and loss account and cash flow statement.
The difference between management accounts and statutory accounts
Outcomes: You will have a good understanding of the P&L account, balance sheet
What to look for in an audit report
Understand key accounting concepts
Profit and loss account: PBIT, EBIT, EBITDA, PBT, PAT retained profit
Balance sheet: fixed assets, depreciation, stock, debtors, creditors and capital
The working capital cycle
Cash flow statement - why profit does not equal cash
Turnover, profit margins and trends
Financial ratios: liquidity & current ratio, gearing, interest cover, return on
equity (ROE) and return on capital employed (ROCE)
and cash flow statements and be able to interpret key financial ratios.
Duration: One day
CPE: 6 hours
Why Choose Accounts Training? Your tutor will be a highly qualified Chartered
Accountant who can explain finance in a clear and accessible way. You will be in a
small group (max. 8) so you can ask questions and get the full benefit of instructor-led
training; we are quite happy for you to bring your accounts along and grill us!
Understanding Company Accounts is also available as an in-house course and can
be tailored to meet your specific requirements.
For more information please email us at Info@AccountsTraining.co.uk
||"Fantastic, very open and clear communication"
|Associate Director, Centric|