Financial Accounting - Level 1
Formation
À London (Angleterre)
Description
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Typologie
Formation
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Lieu
London (Angleterre)
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Durée
4 Jours
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Dates de début
Février
Upon completion of this course, you will be able to understand:
The purpose of accounting.
Why non-accountants need to understand accounting.
The basic terminology of business transactions.
How to prepare a cash budget.
The gross profit margin of a product and business.
The difference between cash and the profits of a business.
That a set of financial statements can be prepared from data included a trial balance.
The difference between revenue and capital expenditure and the significance of the distinction.
How to prepare a simple statement of profit or loss.
The purpose of a statement of financial position.
The assets and liabilities in a business.
What an accrual and a prepayment are and how to account for them.
How to prepare a statement of financial position for a simple business.
Why non-current assets need to be depreciated.
How to use the straight-line and the reducing-balance methods of providing for depreciation.
Why we need to provide for bad and doubtful debts.
How to prepare a final adjusted statement of profit or loss and statement of financial position.
Some of the limitations of a statement of financial position.
Les sites et dates disponibles
Lieu
Date de début
Date de début
À propos de cette formation
This finance crash course is suitable for: those who wish to understand the implications of decisions made across a range of financial accounting issues; those who wish to develop the ability to analyse, interpret, and question the accounting information they may encounter in a business context; those who wish to acquire a sound appreciation of accounting and finance in order to communicate and succeed in the business world; non-accounting staff who desire a practical introduction to the fundamentals of financial accounting.
certificate
Les Avis
Les matières
- Accounting
- Budgeting
- Financial Accounting
- Cash management
- Financial Training
- Financial
- Cash Flow Management
- Cash control
- Budgetary management
- Budgetary control
Le programme
- Why should managers understand accounting?
- Accounting concepts
- Timings of receipts and payments
- Calculation of the gross profit and gross profit margin
- Measuring profit
- Double-entry bookkeeping
- Types of account
- Trial balance
- Capital versus revenue expenditure/income
- Calculating the cost of sales
- Assets and liabilities
- The statement of financial position
- Accruals and prepayments
- The straight-line method
- The reducing-balance method
- Disposals of non-current assets
- Bad and doubtful debts
- Uses and limitations of the statement of financial position
Financial Accounting - Level 1