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, aspiring manager, budding Professional. 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.

With this course as your guide, you learn how to:

• All the basic functions and skills required Basics of balance sheet.
• Transform Objectives, Introduction Meaning and types of financial statements, Parties interested in financial statements. Objectives of financial statements.
• Get access to recommended templates and formats for the detail’s information related to Basics of balance sheet.
• Learn Balance sheet, understanding corporate balance sheet (Asset side), The Fixed Assets are presented as with useful forms and frameworks
• Invest in yourself today and reap the benefits for years to come

The Frameworks of the Course

Engaging video lectures, case studies, assessment, downloadable resources and interactive exercises. This course is created to learn the Objectives, Introduction Meaning and types of financial statements, Parties interested in financial statements. Objectives of financial statements. Horizontal form T form. Part 1 and  Basics of income statement and balance sheet. (Income statement).

The Balance sheet, understanding corporate balance sheet (Asset side), The Fixed Assets are presented as. Current assets loans and advances. Miscellaneous expenditures and losses. Liabilities side. Preparing the financial statements including Reserves and Surplus.

The course includes multiple Case studies, resources like formats-templates-worksheets-reading materials, quizzes, self-assessment, film study and assignments to nurture and upgrade your Basics of balance sheet and Profit and Loss account in details.

• In the first part of the course, you’ll learn the details of learn the Objectives, Introduction Meaning and types of financial statements, Parties interested in financial statements. Objectives of financial statements. Horizontal form T form. Basics of income statement and balance sheet.
• In the middle part of the course, you’ll learn how to develop a knowledge of The Balance sheet, understanding corporate balance sheet (Asset side), The Fixed Assets are presented as. Current assets loans and advances. Miscellaneous expenditures and losses. Liabilities side. Preparing the financial statements including Reserves and Surplus.
• In the final part of the course, you’ll develop the knowledge preparing balance sheet, Statement of Retained Earnings and the limitation.

Course Content:

Part 1

Introduction and Study Plan

· Introduction and know your Instructor

· Study Plan and Structure of the Course

1. Basics of balance sheet and Profit and Loss account

1.1. Objectives

1.2. Introduction

2. Meaning and types of financial statements

2.1. Meaning

2.2. Parties interested in financial statements

3. Objectives of financial statements

3.1. Objectives.

4. Basics of Income statement (Income statement)

4.1. Income statement

4.1.1. Horizontal form T form

4.2. Balance sheet

5. Understanding corporate balance sheet

5.1. Asset side

5.2. The Fixed Assets are presented as

5.3. Current assets loans and advances

5.4. Miscellaneous expenditures and losses

5.5. Liabilities side

5.5.1. Reserves and Surplus

5.5.2. Long term Liabilities. current liabilities and provisions

5.5.3. Contingent liabilities.

5.6. The proforma of the Balance sheet 1 Horizontal Form

5.6.1. The proforma of the Balance sheet  2 Vertical Form

5.7. Statements of retained earnings

6. Limitation of financial statement

6.1. Following are the limitations of financial statements:

Part 2

Assignments