Understanding Financial Statements

This course is a full introduction to the basics of financial reporting, giving you the skills to perform well in a finance or accounting position within any business. You will gain an understanding of the essential principles of financial statements, including the nature of double entry accounting and its operation, regulation, and required presentation to meet UK and International Financial Reporting Standards (IFRS). Course Structure and Course focus on Financial statement analysis, Double entry accounting and Financial reporting.

Key Benefits

• Record business transactions in a financial accounting system.
• Understand the basics of the double entry book keeping system.
• Complete the bookkeeping phase up to trial balance, including adjustments.
• Understand and prepare basic financial statements and interpret them with ratio analysis.

Who is the course for?

This course is ideal for professionals who need to work with financial accounting and financial statements as part of their role, or who want to move into such a position.

Entry Requirements

• Education - Undergraduate degree or equivalent Higher Education qualification, or relevant work experience.
• English language - Common European Framework (CEF) Level B2* or equivalent (all teaching and learning materials are provided in English only).

Individual Short Courses

All the modules of the programme can be taken individually, as well as a wide range of other courses available within the LSBF Executive Education portfolio.