Understanding business accounting and finance is an important part of a variety of roles which involve general administration and/or cash-handling, as well as roles which directly involved business finances.
Having a good working knowledge of business accounting and how finance affects the day-to-day running of a business is extremely beneficial for employees across the company, from general administrators to business management, in any sector.
This short course is aimed at professionals who have recently taken on responsibility for business accounting, are planning on taking on responsibility in the future, or are interested in an overview of how money is accounted for in an organisation. You will be introduced to financial statements, ratios, cash flow planning, balance sheets, and categorising income and expenditure, amongst other aspects of business accounting.
- You will understand how and why income and expenditure needs to be accounted for
- You will be introduced to financial statements and will know the most commonly used statements used by businesses
- You will know the difference between a capital expenditure and a revenue expenditure
- You will understand financial ratios and you will know the types of information they can reveal about a business