Gain an understanding of annual accounts and the financial statements they contain.
Overview in brief
If you want to improve your skills in understanding, analysing and using the annual accounts of your business, then our training course is ideal for you.
You’ll look into financial statements your accountant uses, so that you can discuss and query any financial matters with your accountant more effectively.
The finer details
Our 1-day training course will help you understand how to monitor your business’ performance, look at income and expenditure, produce end of year accounts and work more effectively with your accountant.
You will learn how to analyse the financial health of your business and improve the financial management of your business.
When you have completed the course, you’ll get a certificate of training.
Overview of the role of an accountant
The profit and loss account
The balance sheet
This is a stand-alone course within a financial management suite of courses. Therefore, if you interested in more than one course, the following order is recommended (but not mandatory):
Financial Management 1: Bookkeeping, VAT and Making Tax Digital (MTD)
Financial Management 2: Understanding Your Accounts and Financial Statements