Walker Partnership (Scotland) LLP

"Where accuracy, honesty & value come first."

Walker House, 35 Buie Rigg, Kirkliston, West Lothian EH29 9FE    0131 333 0099

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Course Title: How to Understand & Interpret Accounting Financial Information

Duration:  2 Evening Seminars
Designed for:

Anyone who wishes to be able to read, understand & interpret their financial statements better.
Course Objectives:

By the end of the course participants will be able to interpret and comment constructively on the performance of a business.
About the Course:

In order to assist the day to day control and management of any business a methodical approach to financial housekeeping is essential, not only to satisfy the tax authorities & auditors but to keep you on top of your business responsibilities.

During these seminars I will give you an indication of how to do this in a simple easy to understand manner.
Course Content:

  • What are the principle Accounting record books.
    		•
  • cash book
  • sales day book
  • purchase day book
  • petty cash account
  • other records
  • computerised accounting systems

  • Management accounts
    		•
  • stock lists
  • lists of debtors/creditors
  • cash flow forecasts
  • monthly and quarterly trading/P&L & Balance sheet figures
  • warning signs
  • maintaining control,monitoring & reviewing
  • key financial indicators

  • Final Accounts
    		•
  • trading and profit and loss account
  • balance sheet
  • key financial indicators
  • interpretation

  • Banks & Financial Institutions Credit Policies
    		•


  • Practical Exercise
    		•
  • case studies
  • action plan

  • Course Summary & Review
    		•