{"id":3721,"date":"2020-12-24T11:00:48","date_gmt":"2020-12-24T11:00:48","guid":{"rendered":"https:\/\/www.lbtc.co.uk\/?post_type=course&#038;p=3721"},"modified":"2024-10-15T19:40:24","modified_gmt":"2024-10-15T19:40:24","slug":"afb102ax","status":"publish","type":"download","link":"https:\/\/www.lbtc.co.uk\/course\/afb102ax\/","title":{"rendered":"Financial Accounting Essentials Workshop"},"content":{"rendered":"<h2>Overview<\/h2>\n<p>This training workshop explains the fundamentals of accounting and how they are used to produce financial statements.<\/p>\n<h2>Agenda<\/h2>\n<h3>Accounting Basics<\/h3>\n<ul>\n<li>Accounting concepts<\/li>\n<li>Steps in the accounting cycle<\/li>\n<li>The objectives of financial reporting<\/li>\n<li>Financial reporting standards<\/li>\n<\/ul>\n<h3>The Profit and Loss Statement<\/h3>\n<ul>\n<li>Measurement of income<\/li>\n<li>Types of costs and expenses<\/li>\n<li>The many levels of profit<\/li>\n<li>Opex and capex<\/li>\n<\/ul>\n<h3>The Balance Sheet<\/h3>\n<ul>\n<li>Constituents of the balance sheet<\/li>\n<li>The fundamental accounting equation<\/li>\n<li>Importance of working capital<\/li>\n<li>Exercise \u2013 prepare a set of accounts<\/li>\n<\/ul>\n<h2>Target Audience<\/h2>\n<p>This training workshop is suitable for:<\/p>\n<ul>\n<li>New accounting staff who need to understand the financial accounting function holistically.<\/li>\n<li>Accountancy staff with no formal qualifications.<\/li>\n<\/ul>\n<h2>Learning Outcomes<\/h2>\n<p>Upon completion of this training workshop, you will understand:<\/p>\n<ul>\n<li>The links between accounting principles and the preparation of financial statements.<\/li>\n<li>Definitions of the content and functions of the two key financial statements.<\/li>\n<li>How to prepare a set of financial statements from scratch.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Overview This training workshop explains the fundamentals of accounting and how they are used to produce financial statements. Agenda Accounting Basics Accounting concepts Steps in the accounting cycle The objectives of financial reporting Financial reporting standards The Profit and Loss Statement Measurement of income Types of costs and expenses The many levels of profit Opex [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8239,"template":"","edd-categories":[771],"edd-tags":[],"subject":[13],"class_list":{"0":"post-3721","1":"download","2":"type-download","3":"status-publish","4":"has-post-thumbnail","6":"download_category-lbtc-course","7":"subject-accounting-finance-banking-courses","8":"entry","9":"edd-download","10":"edd-download-cat-lbtc-course"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial Accounting Essentials training workshop | London, UK<\/title>\n<meta name=\"description\" content=\"Financial Accounting Essentials training workshop with UK&#039;s premier training provider - London Business Training &amp; Consulting. 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