This course is designed to help those with little accounting experience to understand exactly how business finance works.
DurationThis course is designed to help those with little accounting experience to understand exactly how business finance works.
Delegates will develop a broad understanding of the financial statements and the basics that make the P&L and balance sheet tick, as well as financial record keeping, the importance of accounting systems and financial terminology, and an overview of financial statements.
What will you learn?
This course helps to demystify accounting and finance and provides a broad understanding of the basics. Areas covered include:
Understand financial statements and how you can influence the results
Understand different financial terms and concepts
What is a profit and loss account (income and expenditure for the third sector)
What is a balance sheet and the relationship with the profit and loss account
What is a cash flow statement
Why “cash is king” – the difference between profit and cash
Debits and credits
Accounting ledgers and systems
The trial balance
Preparation of accounts
Jargon busting
Other accounting transactions including VAT
Who is it for?
Business owners, managers, professionals and support staff who need to understand more about basic accounting and finance and how they function within business.
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Aberdeen & Grampian Chamber of Commerce is one of 53 accredited Chambers in the UK which make up Britain's biggest business network of 80,000 businesses collectively employing over six million people.
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Training to connect our business community with the skills they need to thrive
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Lobbying to connect businesses with the decision makers who matter
Research to connect businesses with the answers to their problems
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