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Course Overview This course is intended for those with no previous accounting experience who need a basic financial awareness. It will explain the real meaning of complex accounting jargon as well as providing delegates with the key financial skills they need to be able to understand the meaning of a set of UK GAAP accounts. Important developments such as the significance of the change to International Accounting Standards will be covered. Course Outline - Getting to grips with the terminology
- Review of the basic financial statements
- Profit and loss account, balance sheet, cash flow
- What they tell you about the organisation
- How they are produced
- Why they are needed
- Legal, accounting standards, taxation
- How they inter-relate
- Who uses them and why
- The internal customer
- User departments -their role and the role of the finance function in budgetary planning and control
- An overview of the significance and impact of the change to International Accounting Standards on the financial statements
How to make a booking for the CM9467 course
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