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Accounting & Finance

Course Type

Short Courses

Price Per Delegate

£345 +VAT
Public Scheduled Course

Price Per Course

£1,295 +VAT
On-Site at Customer Premises, Max 10 Delegates


1 Day

Full/Part Time

Part Time


ITS SmartStyle Training

Book course

This training programme is intended for users who need to understand basic financial documents used in business. You will learn how to interpret the information in these documents, and use this knowledge to manage day-to-day business activity. This will enable you to be more effective in your managerial role.


This interactive course combines formal content, workshop activities and individual exercises, taking a practical, pragmatic approach to financial matters. It also demystifies the jargon, conventions and formats of accounting.


Each participant will receive an AAT accredited certificate following this course.

Download Outline (PDF)

Statement of Financial Position & Income Statement Account
  • Assets & Liabilities Explained:
    • Current & Non-Current Assets
    • Current & Non-Current Liabilities
  • Business Equity for Sole Traders & Limited Companies
  • Income & Expenditure—Profit & Loss
  • Income Statement Account for Sole Traders & Limited Companies
  • Determining Profit & Profit Quality
  • Reporting Financial Information
Financial Analysis
  • Identifying Parameters for Analysis
  • Ratio Analysis & Calculating Ratios
  • Profitability Ratios:
    • Return on Capital Employed
    • Gross Profit Margin
    • Profit for the Year/Period
  • Liquidity Ratios:
    • Current Ratio
    • Quick Ratio
  • Efficiency Ratios:
    • Non-Current Asset Revenue
    • Stock Holding Period
    • Trade Receivables Collection Period
    • Trade Payables Payment Period
  • Limitations of Ratio Analysis
Overview of Controlling Cash
  • The Importance of Cash
  • Cash Flow vs Profit
  • Budgeting for Sufficient Cash
  • Getting Customers to Pay Quicker?
Overview of Budgets
  • What is a Budget?
  • How do Budgets Help Businesses?
  • Using Budgets to Manage
  • Interpreting Budget Data

Enquire about a course

Fill in your information to apply for this course. The information you provide on this application form may be passed to funding bodies, in line with the Data Protection Act 1998, and may be shared with other training providers and possible employers for the purpose of administration, statistical and research purposes.