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Financial Analysis: Financial Statements

Financial Analysis: Financial Statements | CPD Accredited | 10 CPD Points/Credits


CPD Courses

Summary

Price
£120 inc VAT
Or £40.00/mo. for 3 months...
Study method
Online
Duration
10 hours · Self-paced
Qualification
No formal qualification
CPD
10 CPD hours / points
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

Overview

Accounting Financial Reports

The purpose of Key financial reports is to give information related to a firm’s financial position, its performance and the changes occurring in its financial position that will help users to make profitable economic decisions.

Key Reports should be comprehensible, applicable, consistent and comparable, and they must be comprehensible to readers with a practical knowledge of accounting, economic activities and business. Reported equity, assets, income, liabilities, and costs have a direct impact on a firm’s financial position.

This unit is a comprehensive guide to the various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings. It also describes single-entry and double-entry bookkeeping including a look at debits and credits.

CPD

10 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

Accounting Financial Reports

Objectives:

After completing this course learners will be able to:

  • Discuss various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
  • Explain single-entry and double-entry bookkeeping
  • Differentiate between debits and credits

Program Content:

Lesson(s):

Introduction to the Key Reports

Topics:

  • The Income Statement
  • The Balance Sheet
  • The Cash Flow Statement
  • Statement of Retained Earnings
  • Single-Entry vs. Double-Entry Accounting

Understanding Debits and Credits

Who is this course for?

Accounting Financial Reports

  • New or recent recruits to banking and financial organisations
  • Operations and support staff
  • Finance and accounting staff
  • Dealers and Traders

Requirements

No prior knowledge is required to take this unit

*Note: This CPD Unit is offered on special discounted price on REED only and does not include awarding body accreditation charges. At the end of the unit, learner can claim CPD Accredited certificate by paying £35 accreditation fee and postal charges (£9 for UK students, £15 for outside UK).

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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.