Are you interested in understanding how your business is performing? The balance sheet and the profit and loss (P&L) statement are two of the three financial statements companies issue regularly. Such statements provide an ongoing record of a company’s financial condition and are used by creditors, market analysts and investors to evaluate a company’s financial soundness and growth potential. The third financial statement is called the cash-flow statement.
When used together along with other financial documents, the balance sheet and profit and loss statement can be used to assess the operational efficiency, year-to-year consistency, and organisational direction of a company. For this reason, the numbers reported in each document are scrutinised by investors and the company’s executives. The goal of this course is to provide a complete understanding of the main terminologies used in the balance sheet and as well as to be able to read and interpret the balance sheet and P&L statement for proper analysis.
In order to complete the course successfully, learners will take an online assessment. This online test is marked automatically, so you will receive an instant grade and know whether you have passed the course.
Upon the successful completion of the course, you will be awarded the ‘How to Read a Profit And Loss Account and Balance Sheet - Level 3’ certificate by CPD.
Once you successfully complete the course, you will gain an accredited qualification that will prove your skills and expertise in the subject matter. With this qualification, you can further expand your knowledge by studying related courses on this subject, or you can go onto getting a promotion or salary increment in your current job role. Below given are a few of the jobs this certificate will help you in, along with the average UK salary per annum according to Payscale
|How to read a PNL and BS|
|2.1 How to read a balance sheet||00:17:00|
|2.2 Profit and loss account – Portman meadow IT LTD||00:11:00|
|2.3 Balance sheet – Portman meadow IT LTD||00:11:00|
|2.4 Profit and loss account – Grange worth kitchens LTD||00:06:00|
|2.5 Balance sheet – Grange worth kitchens LTD||00:05:00|
|2.6 How to Read a PnL and BS Masterclass|
|3.1 Financial languages||00:11:00|
|Effects of accounting adjustment|
|4.1 Effects of accounting adjustment||00:17:00|
|4.2 Effects of accounting adjustments booklet|
|5.1 4 key performance indicators||00:09:00|
|5.2 4 key performance indicators – Portman Meadow IT||00:05:00|
|5.3 4 key performance indicators – Grange worth kitchens LTD||00:04:00|
|6.1 Where can you go from here?||00:04:00|
|Certificate Download Guide|
|Certificate Download Guide||00:02:00|
|Mock Exam: How to Read A Profit and Loss Account and Balance Sheet||00:40:00|
|Final Exam: How to Read A Profit and Loss Account and Balance Sheet||00:40:00|