Master Class in Basics of balance sheet and Profit & Loss

Complete guide applicable to Basics of balance sheet and profit - loss account and it’s different concepts
5.00 (11 reviews)
Udemy
platform
English
language
Accounting & Bookkeeping
category
Master Class in Basics of balance sheet and Profit & Loss
1 037
students
4.5 hours
content
Jul 2024
last update
$19.99
regular price

Why take this course?

🌟 Master Class in Basics of Balance Sheet and Profit & Loss 🌟

🚀 Take the next step in your career! 🚀 Whether you’re an up-and-coming professional, an experienced executive, or an aspiring manager, this course is an opportunity to sharpen your Basics of balance sheet capabilities, increase your efficiency for professional growth, and make a positive and lasting impact in the business or organization you serve. 🎯

📚 Course Overview: This comprehensive guide is tailored to help you understand the different concepts surrounding Basics of balance sheet and Profit & Loss account. You'll learn how to:

  • Master all the basic functions and skills required for handling Balance Sheets.
  • Dive into the Meaning and types of financial statements, understanding who is interested in them and their Objectives.
  • Access recommended templates and formats for detailed information related to Balance Sheets.
  • Understand the nuances of corporate balance sheets, including Fixed Assets and Liabilities.
  • Learn about various forms, frameworks, and exercises to enhance your financial acumen.

📈 Engaging Learning Experience: The course is packed with:

  • Engaging video lectures that simplify complex concepts.
  • Case studies that offer practical insights into real-world applications.
  • Assessment tools to measure your learning progress.
  • Downloadable resources such as formats, templates, worksheets, and reading materials.
  • Quizzes, self-assessments, and film studies to reinforce your knowledge.
  • Assignments that encourage practical application of the skills learned.

📑 Course Structure:

Part 1: Foundations of Financial Statements

  • Introduction and Study Plan: Get acquainted with your instructor and understand the course structure.
    1. Basics of balance sheet and Profit and Loss account: Start with the fundamentals.
      • 1.1. Objectives
      • 1.2. Introduction
    2. Meaning and types of financial statements: Understand their significance and who uses them.
      • 2.1. Meaning
      • 2.2. Parties interested in financial statements
    3. Objectives of financial statements: Learn their purpose and how they serve different stakeholders.
    4. Basics of Income statement (Income statement): Explore the horizontal form T form and its relevance.
    5. Understanding corporate balance sheet: Dive into the asset side, Fixed Assets, current assets, loans and advances, miscellaneous expenditures, losses, liabilities, Reserves and Surplus, Long-term Liabilities, current liabilities, provisions, and contingent liabilities.
    6. The proforma of the Balance sheet: Learn about Horizontal and Vertical Forms.
    7. Statements of retained earnings: Understand their preparation and importance.
    8. Limitation of financial statements: Recognize their limitations and how to navigate them.

Part 2: Practical Application

  • Assignments: Apply what you've learned through practical assignments.

By investing in yourself with this course, you're not just learning; you're setting the foundation for a career that can thrive on your newfound expertise in financial reporting. Enhance your resume, impress potential employers, and gain confidence as you master these essential skills. 📊✨

Join us now and embark on a journey to financial literacy excellence! 🚀📘

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6074135
udemy ID
14/07/2024
course created date
29/07/2024
course indexed date
Muhammad
course submited by