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Understanding Business Accounts

Self- Paced with Tutor Support

Pitman Training North London & Hertfordshire

Summary

Price
£249 inc VAT
Finance options

4,6,10,12 months interest free payment plan option available.

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Study method
Online
Duration
12 hours · Self-paced
Access to content
Access until course completion
Qualification
No formal qualification
CPD
10 CPD hours / points
CPD What's this?
Certificates
  • Pitman Training Certificate - Free
Additional info
  • Tutor is available to students

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Overview

This course - designed to help you understand the principles of business accountancy. Comprising five lessons, our business accounts training is designed to help you understand balance sheets, profit and loss accounts including stock - taking, depreciation, capital and revenue expenditure. You will also learn about accruals and the roles of capital and reserves. The final lesson considers profit margins, analysing a profit and loss account and how to make comparisons on financial statements.

This is a fully flexible self - study programme, which means you can organise your training around your existing work and home commitments. There's also a course advisor on hand to help you out when you need it.

Once you've completed your training in understanding business accounting, you'll be entitled to use the prestigious Pitman Training Name on your CV.

Should you wish to progress your learning further, you should consider Costing and Pricing, or one of our many diplomas, which have the potential to transform your skills and career.

Certificates

Pitman Training Certificate

Digital certificate - Included

CPD

10 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

There are five lessons in this course:
Lesson One: Fixed and current assets, debtors and creditors, the accounting equation, capital and reserves, the purpose and layout of balance sheet.

Lesson Two: The purpose of a profit and loss account, the importance of stock taking, depreciation, capital and revenue expenditure.

Lesson Three: Accruals, provisions, pre payments, the role of capital and reserves.

Lesson Four: The importance of the profit and loss account, calculating profit at various levels.

Lesson Five: The meaning of profit margins, making comparisons on financial statements, analysing a profit and loss account.

Who is this course for?

This course a wide appeal. It is for those who wish to start their own business, those looking for work as well as employees who wish to learn more about how to understand business accounts.

Requirements

There are no Pre-Requisites required for this course.

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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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