Learn how to interpret profit in financial reports

The course will answer the following questions: How is profit generated? How is it measured? How do individual managers contribute to profit? What happens to it?

Course Objectives

Participants will acquire the knowledge and skills to:

  • Know how profit is generated, measured, evaluated and distributed
  • Appreciate the importance of profit and of cost control
  • Understand the relationship between profit, costs and revenue
  • Be able to interpret typical Trading Statements and Profit and Loss Accounts
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.

The content is suitable for the needs of supervisors, first line managers and project leaders. However, anyone in a management position will find invaluable tips and reminders from this course.

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
  • Profit in Perspective
  • Costs and Revenues
  • The Trading Statement
  • The Profit and Loss Account
  • Including: Check my Understanding Tests & Full Course Test
 
 
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