Objectives
Demistify the jargon
Understand accounting concepts & conventions
Review financial statements
Interpret financial information
Course Content
The need to account
Statutory v Management Accounts:
Concepts and Conventions
Fundamental Accounting Concepts
Capital v Revenue
Profit v Cash
The impact of Value Added Tax
The Trading and Profit and Loss Account
The Balance Sheet
Depreciation
Working Capital
Interpretation of Financial Information:
Breakeven Analysis
Financial Ratio Analysis
(Profits, Working Capital, Investor Ratios etc.)
Action planning
The course is supported by a detailed workbook which contains both worked examples and practical exercises, which together with model answers, provide a useful post-course reference.