Accounting Basics

Accounting Basics

Key details

Mode of delivery: Classroom-based

Course code: AFB21A

Duration: 1 day

Fee: £915.00 + VAT

CPD Hours: 6

Course Overview

This course provides an introduction to the fundamentals of accounting, focusing on the purpose and structure of accounting records. Participants will understand why financial reporting standards are essential, ensuring clarity, consistency, and transparency in financial communication. The session lays the foundation for understanding how accounting information supports decision-making and organisational transparency.

Agenda

Accounting Basics

  • An introduction to accounting
  • The purpose and format of accounting records
  • Why we use financial reporting standards

Course Review

  • Summary And Recap Of Key Learning Objectives
  • Action Planning

Target Audience

  • Finance Officers and Assistants
  • Junior to Mid-Level Accountants
  • Business Analysts
  • Budgeting and Planning Professionals
  • Operational Managers seeking financial skills
  • Newly appointed Finance Managers
  • Non-finance professionals who need to understand financial documents
  • Small business owners and entrepreneurs looking to improve financial literacy
  • Public sector and NGO staff with budget or financial oversight roles

Learning Outcomes

By the end of this course, you will be able to implement a successful strategy that enables you to:

  • Understand the basic principles and concepts of accounting.
  • Explain the purpose and format of accounting records and their importance in business.
  • Identify the role and benefits of Financial Reporting Standards in ensuring consistency and comparability.

Categories

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