E-learning

The basics of financial statements

This online course will help you develop the crucial skill of being able to interpret and evaluate the data in your financial statements.

£30.00

Course Type

E-learning

Length

10 - 30 mins

What you’ll achieve

When you’ve completed the course, you’ll understand:

  • the terms capital, equity, assets, liabilities, income and expenses
  • how these terms link to the transactions of the business
  • how this financial data comes together to calculate your profits.

About this course

Financial statements are hugely important to understanding the health of your business. However, this information can be confusing or daunting if you don’t understand what you’re looking at.

This online course will position you to better understand the key terms and tackle financial data with confidence.

Who it's for

This course is perfect if you're:

  • a finance professional looking to refresh your basic finance skills and follow best practice
  • running your own business looking for practical skills to monitor and manage your financial operations
  • an organisation looking to roll out on-demand training to finance staff.

Overview

E-learning

10 - 30 mins

Financial statements

Syllabus

This course covers:

  • Five categories of accounts
    • assets.
    • liabilities.
    • expenses.
    • revenue.
    • capital/equity.
  • The accounting equation
  • The elements of financial statements
    • current and non-current assets and liabilities.
    • capitalisation threshold.
    • capital/equity.
  • Calculating profits
    • including accruals concept.
  • Layouts of financial statements

How to access

The basics of financial statements is a 30-minute session including video tutorials and interactive learning to test your knowledge as you learn. You can purchase this course on its own or discounted as part of the AAT Business Finance Basics bundle.

Once purchased you will be able to access the AAT Learning Portal where you'll have 12 months from the date you access the learning materials. AAT Learning Portal allows you to view all the courses you’ve purchased in one place, monitor your latest training activity and create goals to help you achieve your training aims. 

The basics of financial statements
E-learning

The basics of financial statements

10 - 30 mins

£30.00
Other online courses available