Financial Reporting

Description

Running a business requires skill and perseverance, but it also requires information. Information is the bedrock of decision making, and much of that information is financial. We need to know if the company is making money, if the business’s performance is per schedule, and if our assets are outperforming our liabilities. Business owners also need to be clear about the legal requirements of running a company and whether financial reports give a true and fair view of the company’s financial position as required by law.

On completion of this training course, you will be able to:

• Define accounting and examine who uses accounts
• Explain the differences between Management and Financial Accounting
• Explore the purpose of financial reports and explain the guidelines for completing organisations financial reports
• Explain the purpose of management accounts and explain what they consist of

Who is this course for?

This course is suitable for company officers, managers and all those interested in accounts. It is also suitable for anyone planning careers in business.