Understanding Business Accounts
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Understanding Business Accounts

Understanding Business Accounts

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Holiday Inn Express Hull City Centre

80 Ferensway

Hull, United Kingdom

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Delegates attending this course will:

  • Identify the different types of organisational structure and the advantages and disadvantages of each, including sole trader, partnership and limited company.
  • Review the profit or loss account and balance sheet and cash flow statement of a limited company addressing all definitions and terminology to understand how they are formatted and why.
  • Learn to interpret the financial performance of a business using key performance indicators addressing:
    • profitability
    • liquidity
    • efficiency
    • financial risk (gearing)
  • Discuss the limitations of using ratios to analyse financial performance.
  • Identify why profit and the cash position differ in a set of accounts and how you can ensure there is enough cash in your business.
  • Review the importance of planning and budgeting in a business to ensure both day-to-day and long term objectives are achieved.
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Date and Time
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Holiday Inn Express Hull City Centre

80 Ferensway

Hull, United Kingdom

View Map

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