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.
We’re Britain’s Biggest Business Network
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We're always looking for the best people to help us champion the region and support our members.
Meet the team
Our team supports members to get access to a wide range of benefits to help them get ahead in business.
Our Premier Partners
Our Premier Partners play a key role in supporting and funding the work we do for the local economy.
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.
We offer unrivalled expertise, lobbying, and networks which bring together over 1,200 local companies of every size and sector to thrive and grow.
Put simply, we exist to create the connections which grow the North-east economy, which we do through our six key service lines:
Events which connect like-minded people and companies to do business
Training to connect our business community with the skills they need to thrive
News products to connect our members with their target market
Trade documentation to seamlessly connect local goods to international markets
Lobbying to connect businesses with the decision makers who matter
Research to connect businesses with the answers to their problems
Introduces the financial markets and corporate finance and explains the jargon, the key players and investment decisions, so you understand how the City works and the context in which it operates.
This non-credit four-month course is intended for students who want to gain general knowledge, learn a new skill, upgrade existing skills or develop personal interests in subjects related to business management, finance and accounting.
The focus of this course is to examine the principles of financing and investment decisions and their impact, valuation of a company, formation and management of current assets or capital, strategies and portfolio theory.
This program has been specially designed for finance executives (beginners) to provide them with a complete walkthrough and in-depth introduction to accrual accounting of business transactions, double-entry (debit/credits) of capital and revenue expenditure, and inflow/outflow of cash flows.
Master financial frameworks, language and tools to make better decisions for your organisation. Assessing your organisation’s financial health and determining its critical needs can be complex.
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