Introduction to Financial Statements

Financial analysis

Course

Introduction to Financial Statements

Instructor: Gemma Rudrum, BPP

  • Format

    Course - Online

  • Level

    Basic

  • Duration

    1h

This course will work through, step-by-step, each of the most significant transactions that most businesses make and explain how these are reflected through accounting in the financial statements

Learning outcomes

  • Identify the primary financial statements and the other items included in a set of financial statements
  • Understand the accounting equation and apply its principles to the financial statements
  • Understand the relationship between the primary financial statements
  • Explain the content and structure of the Profit or Loss Account, Balance Sheet/Statement of Financial Position, Cash Flow Statement and Statement of Changes in Equity
  • Explain the purpose of the notes to the financial statements and identify their uses
  • Identify the other components of a published set of financial statements, including the Directors Report, Corporate Governance and Directors Remuneration

£35.00 (CIMA members only)

£45.00

VAT calculated on checkout

Product information

Overview

This course will work through, step-by-step, each of the most significant transactions that most businesses make and explain how these are reflected through accounting in the financial statements. These transactions include fixed/non-current assets, investments, sales and trade receivables/debtors, purchases and trade payables/creditors, accruals and prepayments.

Professional development

All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Prerequisites:None
Programme level:Basic
Duration:1h
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£35.00 (CIMA members only)

£45.00

VAT calculated on checkout

Instructor

  • Gemma Rudrum, BPP

    Gemma Rudrum qualified as a chartered accountant with Ernst & Young in 2004, working in their Assurance and Advisory team. She joined BPP in 2007 as a tutor teaching financial reporting and auditing subjects. She has also worked in our Learning Media team designing and developing content and is now our Head of Work Based Learning and runs our PGCert programme.