Accounting for Companies (Byte Size) Certificate

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A Distance Learning Course of 1 Lesson.
Course Description:

This course is concerned with company accounts. We shall see how the basic profit and loss account and balance sheet is adapted and extended to deal with this type of business organisation. We shall also consider the framework of regulations, legal and otherwise, that prescribe the way in which the accounts of limited companies are prepared and presented.

By the end of this course, you should be able to:

* explain the accountability requirements imposed on directors
* identify the main differences in accounting for companies as compared with accounting for sole traders
* prepare a set of final accounts including an appropriation account
* discuss the influence of law and the Stock Exchange in determining the the form and content of corporate financial reports
* explain the need for accounting standards in financial reporting

Delivery:
  • Online
Category:

Further Details

Course Syllabus:

Section 1: Main Features of Company Accounts

1.1 Accountability of directors/published accounts

1.2 The Profit and Loss Account

1.3 The Profit and Loss Appropriation Account

1.4 The Appropriation Account and the Duality Convention

1.5 The Balance Sheet

Section 2: The Regulatory Framework

2.1 The Legislative Framework

2.2 The Companies Acts Requirements

2.3 The Balance Sheet and Profit and Loss Account Formats

2.4 The Directors' Report

2.5 The Auditors' Report

2.6 Stock Exchange Requirements

2.7 The Need for Accounting Standards

2.8 The Response of the Accountancy Profession

Guide Price: £60.00