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Learn to use the Trial Balance information to create the two most important Financial Statements
What you'll learn
This course teaches you how to interpret Trial Balance accounts using the accounting rules that are applied at all levels of Accountancy.
You will learn how to create a Statement of profit & loss and other Comprehensive Income and a Statement of Financial Position
Learn how to apply Accounting basics to a Trial Balance to create Financial Statements
Draw up draft sets of Financial Statements from a set of Trial balance accounts
Requirements
Professional/Business English (proficiency in understanding vocabulary relating to business)
Basic Accounting Knowledge of the 6 most important accounting rules
Description
This course teaches you how to interpret the Trial Balance accounts using the accounting rules that are applied at all levels of Accountancy. You will understand the importance of needing Financial Statements to make business decisions. You will learn how to create a Statement of profit & loss and other Comprehensive Income and a Statement of Financial Position.
This course is suited for anyone who does not have a background in accounting but wants to learn what the most important skills for applying accounting knowledge and information at any level (basic to advanced) for financial statements
Who this course is for
Students, Entrepreneurs, Managers, and anyone who wants to learn how to use a Trial Balance for creating Financial Statements. This course is suited for anyone who does not have a background in accounting but wants to learn what the most important skills for applying accounting knowledge and information
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