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Certificate in Understanding Financial Statements


London School of Business and Finance

Summary

Price
£990 inc VAT
Study method
Classroom
Duration
Part-time
Qualification
Professional Development Programme Certificate

Location & dates

Location
Address
WC2N5DN
United Kingdom

Overview

The ability to read, understand and analyse financial statements is a vital business skill. It is often said that accounting is the ‘language’ of business. This course teaches you to ‘speak’ this language. You will gain a full introduction to the principles and role of financial accounting, as well as how to record business transactions in an accounting system using the double entry approach. You will also learn how to analyse key financial reporting: balance sheets, income statements and statements of cash flows – from both a UK and International Financial Reporting Standards perspective.

Description

Programme focus

Financial accounting
Financial reporting
Financial statement analysis

 

Key benefits

  • Understand and record business transitions in an accounting system through basic bookkeeping
  • Complete the bookkeeping phase up to trial balance, including adjustments
  • Understand and prepare basic financial statements for various types of business
  • Interpret financial statements using ratio analysis

 

Duration

Between 5-12 weeks

 

Who is this course for?

This course will help you to develop the skills and knowledge required for the day-to-day management of financial statements. It’s ideal if you are taking on a new level of responsibility and need to understand the key elements of financial accounting.

Requirements

  • Approximately 2 years of relevant business experience and the drive to develop your skills even further
  • While there are no IELTS or English language requirements, please be aware that the courses are taught in English
  • Individual short courses may have alternative/additional requirements, please speak to a programme advisor for further information

 

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.