Learn how to understand and interpret profit in financial reports
This course introduces some basic financial principles. You'll understand your own role in your company's financial well being and be able to gauge a company's overall financial health. The complete balance sheet is a complex document. This course introduces the principles upon which a balance sheet is based, one by one.
Course Objectives
Participants will acquire the knowledge and skills to:
- Understand the concepts of assets, liabilities and capital
- Understand how these are the key to identifying a healthy business
- Understand how companies "go under" through solvency and liquidity problems
- Be able to interpret and evaluate a company balance sheet
Who Will Benefit?
The course is suitable for all who need the skills and knowledge to ensure they effectively manage themselves and others at work.
This course is especially suitable for those studying for Vocational Qualifications, as each course is matched to national standards of competence.
What to Expect
This course uses KnowledgePool's web-based training materials available on http://www.knowledgepool.com
Throughout the support period of 6 months students will have access to an online classroom featuring Frequently Asked Questions (FAQs), assignments and student interactive chat. Qualified tutors are available via e-mail for any assistance during the course.
E-mail responses are guaranteed for the next working day.
Recommended System Requirements
The minimum system requirements to enable you to start using this course are as follows:
- Any desktop PC running industry standard browsers (Internet Explorer 4.0 or later & Netscape Navigator 3.0 or later)
- Monitor with a screen resolution set to 800 x 600 & 256 colours
- Materials have been written in standard HTML (3.2) & JavaScript (1.1)
You will not require any 'plug ins' or special server side software
Course Contents
- Owning and Owing
- The Ever Changing Balance
- Good Health
- Money to Hand
Presenting a Balance Sheet
Interpreting a Balance Sheet
Including: Check my Understanding Tests & Full Course Test