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22 April 2020

Company accounts - introduction

Category: MASTER COURSE

An essential jargon-busting introduction to accounting terms and key concepts, enabling you to read annual reports and finance statements with confidence.

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, and those looking to gain a basic understanding of a company's annual report and financial statements, without having to analyse the information in detail.

What you will gain
An understanding of the primary financial statements and other main contents of published annual company accounts. The focus is on defining accounting terms and explaining key concepts so that you will be able to read an annual report with confidence. No prior knowledge of company accounts is assumed.

Programme outline
How do accounts work?

  • Objectives of accounts - who uses them?
  • Sources of regulation.
  • Principles underlying financial reporting especially the matching principle.

Contents of published accounts.

  • Reading an annual report.
  • Identifying key information.
  • Understanding the main terms.

Recording transactions.

  • Why use double entry?
  • Simple exercise on how double entry works.

The financial statements.

  • What do financial statements tell you?
  • Balance sheet or statement of financial position.
  • Profit and loss account or income statement.
  • Cash flow statements.

Linking the statements together.

  • Profit versus cash.
  • The link between the balance sheet, the profit and loss statement and the statement of cash flows.

Getting to grips with accounting jargon.

  • Tangible and intangible assets.
  • Depreciation.
  • Current assets.
  • Liabilities.
  • Shareholders' equity.
  • Sales, EBIT and net income.
  • Retained profit.
  • Cash flow.

No prior knowledge of company accounts is assumed.

The course starts at 9.30am. Lunch and refreshments are included.
6 CPD hours (where applicable). 

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

Booking Information

Date Location Price
22 April 2020 - 09:30 Online Live Price: GBP 650.00
Plus VAT
11 May 2020 - 09:30 London Price: GBP 650.00
Plus VAT
16 July 2020 - 09:30 London Price: GBP 650.00
Plus VAT
17 September 2020 - 09:30 London Price: GBP 650.00
Plus VAT
24 November 2020 - 09:30 London Price: GBP 650.00
Plus VAT
15 December 2020 - 09:30 London 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 cima@bpp.com 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: https://www.bpp.com/professional-education/privacy

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

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