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15 June 2022

Company accounts - introduction


A one day course for those with no background knowledge in accounts, and who want to understand the fundamentals of company financial statements (the Profit and Loss Account, the Balance Sheet and the Cash Flow).

Who should attend?
This course will be of benefit to those who work with financial statements and need to understand the basic aspects of the information that they contain together with their internal linkages.

It will also benefit those looking to gain a basic understanding of a company's annual report and the key financial statements, without having to analyse the information in detail. The course does not cover interpretation of accounts.

What you will gain
This one-day course is designed to provide an understanding of basic accounts together with an introduction to the contents of a published set of financial statements. The focus is on defining accounting terms and explaining key concepts so that you will be able to read a simple annual report with confidence. No prior knowledge of company accounts is assumed.

Programme outline

  • How do accounts work?
  • Objectives of accounts
  • Users of accounts
  • Sources of regulation
  • Principles underlying financial reporting: accruals; matching; and prudence
  • The financial statements: Balance sheet; Profit and loss account; Cash flow statement
  • What do financial statements tell you?
  • The links between the balance sheet, the profit and loss account and the cash flow statement
  • Recording transactions using the double-entry system
  • Contents of published accounts
  • The audit opinion
  • Reading an Annual Report and identifying key information contained therein
  • Getting to grips with accounting jargon
  • Tangible and intangible assets
  • Depreciation
  • Current assets
  • Liabilities
  • Shareholders' equity
  • Sales, operating profit (EBIT) and net profit
  • Retained profit
  • Cashflow

The course starts at 9.30am. Lunch and refreshments are included on face-to-face dates.
6 CPD hours (where applicable). 

CIMA work in partnership with BPP Professional Education to offer CPD training courses

Booking Information

Date Location Price
15 June 2022 - 09:30 Online Live Price: GBP 650.00
Plus VAT
4 August 2022 - 09:30 London Price: GBP 650.00
Plus VAT
28 September 2022 - 09:30 London Price: GBP 650.00
Plus VAT
30 November 2022 - 09:30 Online Live Price: GBP 650.00
Plus VAT

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Company accounts - introduction

An essential jargon-busting introduction to accounting terms and key concepts

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In-house training 
We can develop tailored training programmes to enhance the finance and business skills of staff across your organisation. To discuss how we can meet your learning and development needs please email us.

Find out more 
If you have any queries please email or phone us on: +44 (0)3300 603400.

The venue for this course will be confirmed 14 days before the scheduled date. 

CIMA work in partnership with BPP Professional Education to offer CPD training courses.  

This course will be delivered by BPP Professional Education Limited (“BPP”).  Accordingly, when you sign up for this course, CIMA will pass on the contact details you have provided to BPP so that they can contact you to complete your booking and process payment.  BPP will process any personal information it collects about you in accordance with its privacy policy, which is available at:

The information provided to BPP will not be used by BPP for marketing purposes.

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