Accounting - Income statement and Balance Sheet

(7 students)

This course includes:

  • list-favs42 minutes
  • list-favsCPD Accreditation
  • list-favs4 units
  • list-favsFull lifetime access
  • list-favsAccess on mobile and TV
  • list-favsCertificate of completion
course plublisher
Edu Smart

Learning Outcomes:

  • Understand the basic principles and practices of accounting.
  • Describe the role of an accountant in business.
  • Identify and explain the components of an income statement.
  • Comprehend how to prepare an income statement.
  • Identify and explain the components of a balance sheet.
  • Realise how to prepare a balance sheet.
  • Analyse financial statements and make informed business decisions based on the information provided.

Course Overview:

This course provides a comprehensive introduction to the principles and practices of accounting, with a particular focus on the Income Statement and Balance Sheet. You will learn about the role of an accountant in business, as well as the components of an income statement and balance sheet. Additionally, you will gain an understanding of how to prepare these financial statements and analyse the information provided.

Our engaging course materials will guide you through this exciting field. Whether you are a learner looking to enhance your understanding of accounting or a business professional seeking to expand your knowledge, this course is a perfect choice.

Course Benefits:

Our Accounting course offers a range of benefits to students at all levels. By completing this course, you will gain a deep understanding of the principles and practices of accounting, with a particular focus on the Income Statement and Balance Sheet. You will learn about the role of an accountant in business, as well as the components of these financial statements and how to prepare them.

Through this course, you will also develop key understanding, including critical thinking, problem-solving, and financial analysis. This wisdom is highly valued by employers in a wide range of industries and will enhance your career prospects.

Our course materials are designed to be engaging, allowing you to learn at your own pace and in your own time. Upon completion of the course, you will receive a certificate of achievement, demonstrating your wisdom, methods and approaches in this important accounting field.

Career Path:

Completing our Accounting course can open up a range of exciting career opportunities. Here are just a few examples:

  • Accountant – Prepare financial statements, analyse financial data, and advise businesses on financial decisions.
  • Financial Analyst – Analyze financial data and make recommendations to businesses on investments, budgets, and other financial matters.
  • Auditor – Examine financial statements and records to ensure compliance with accounting standards and regulations.
  • Tax Specialist – Prepare tax returns and provide advice to businesses and individuals on tax matters.
  • Budget Analyst – Develop and manage budgets for businesses and organisations.
  • Forensic Accountant – Investigate financial crimes and disputes, analysing financial data and providing expert testimony in court.
  • Controller – Manage the financial operations of a business, including financial reporting, budgeting, and forecasting.

Course content

  • video Introduction to Accounting
  • video The Role of an Accountant
  • video Income Statement
  • video Balance Sheet

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About Course Publisher

Edu Smart
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Welcome to Edu Smart, an innovative e-learning course provider proudly part of Adams Academy, where education meets accessibility! At Edu Smart, we believe that high-quality education should be a right, not a privilege. That's why we offer a diverse range of online courses, absolutely free of charge, to learners worldwide. Join Edu Smart today and embark on a journey of learning that's as rewarding as it is enjoyable. Discover the joy of learning with us, where your educational aspirations meet limitless possibilities!