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Financial Documents 101 Certificate

Be-a.co.uk

Summary

Price
£12 inc VAT
Study method
Online
Duration
1 hour · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
1 CPD hours / points
CPD What's this?
Additional info
  • Exam(s) / assessment(s) not included in price, and must be purchased separately

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Overview

Financial Documents 101 Course

Financial documents play a critical role in running small and large companies. The documents help businesses of all kinds in different industries to communicate their financial information to external parties or entities such as investors and banks. The financial reports summarise a business’s accounting procedures and features cash and account title tabulations. The financial reports also showcase the financial status or position and performance of a company or individual, including changes in finances over a specified period. Businesses aim at using the statements to share financial decisions with internal and external parties to help with economic decisions. Data sourced from business financial systems are used to aggregate, condense and simplify the development of financial documents. The statements simply display results from a company’s accounting system. The financial documents are usually developed and released on an annual basis every financial year. This course has been designed to introduce you to the basics of financial documents.

Firstly, we define financial documents and explain what they are. The course also briefly explains what goes into creating financial statements. Next, we cover the four main types of financial statements that you should know about. The course introduces each statement and explains what they do and feature. It also explains the role of each statement in the operation of a business and in the life of individuals. Finally, we state several benefits of financial documents to the business, including external entities, such as lenders and investors.

CPD

1 CPD hours / points
Accredited by The CPD Certification Service

Description

You Will Learn:
  • What financial documents are
  • The purpose of financial documents
  • The four main types of financial documents
  • The features of different types of financial documents
  • The benefits of financial documents to business entities
Benefits of Taking This Course:
    Taking this course will help you:
  • Know the different types of financial documents
  • Learn the function of each type of financial document
  • Know the different features of each financial document
  • Understand the role of financial documents in business
  • Gain basic knowledge of financial documents
  • Learn about the benefits of financial documents to businesses
  • Determine if you want to learn more about financial documents

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

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.
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