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Accounting & Budgeting

CPD Certified | Module | Tutor Support & Exam included | 10 CPD Credits


CPD Courses

Summary

Price
£12 inc VAT
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

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Overview

Accounting & Budgeting

The course comes with easy to understand e-learning study materials.

Profit And Loss Accounts One of the most significant financial statements for a company is the profit and loss Account, which explains the profit or loss of a company over a specific period of time, such as three months or a year, etc.

This unit provides a complete guide for an understanding of the meanings and requirements of a profit and loss Account; it also describes the method of preparing the profit and loss statement. The aim of this unit is to examine the relation between statement of profit or loss and statement of financial position (SOFP), measurement of income, and the preparation of profit or loss Account.

CPD

10 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

Accounting & Budgeting

Profit And Loss Accounts

Objectives

After the completing this course learners will be able to:

  • Understand what a profit and loss statement is
  • Explain how to prepare a profit and loss statement in Accounting

Accounting Program Content

Lesson(s)

Introduction to Profit and Loss Account

Topics

  • Meaning of the Statement of Profit or Loss
  • Why is there a Statement of Profit or Loss?
  • Measurement of Income
  • Relation between Statement of Profit or Loss and Statement of Financial Position (SOFP)
  • Preparation of Profit or Loss Account

Who is this course for?

Accounting & Budgeting

Target Audience

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

Requirements

Accounting & Budgeting

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).

Career path

Accounting & Budgeting

Upon successful completion of Accounting in Investment Methods unit, will be helpful for the people working in Accounting, it will help the professionals in developing their CV and ongoing CPD.

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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.