The Basics of Financial Statements: online course
Financial statements are hugely important to understanding the health of your business. However, this information can be confusing or daunting if you don’t understand what you’re looking at.
This online course will position you to better understand the key terms and tackle financial data with confidence.
It's part of the Business Finance Basics online course bundle of six courses: you can buy it on its own or as part of the whole bundle.
How to buy
Buy the course for £30 or the full AAT Business Finance Basics bundle for £150.
Buy a licence for your staff or professional members to access the course and our other Business Finance Basics e-learning courses.
Syllabus
Five categories of accounts: assets, liabilities, expenses, revenue, capital/equity
The accounting equation
The elements of financial statements: current and non-current assets and liabilities, capitalisation threshold, capital/equity
Calculating profits
The accruals concept
Layouts of financial statements
What you'll achieve
When you've completed the course, you'll understand:
- the terms capital, equity, assets, liabilities, income and expenses
- how these terms link to the business's transactions
- how this financial data comes together to calculate your profits.
Who it's for
This course is perfect if you're:
- a finance professional looking to refresh your basic finance skills and follow best practices
- running your own business looking for practical skills to monitor and manage your financial operations
- an organisation looking to roll out on-demand training to finance staff.
License on-demand e-learning for your organisation
Embed best practice finance management across your organisation, or boost the value proposition for your members, with an AAT Business Finance Basics licence.
You'll be able to offer your staff or members access to all six of our e-learning courses – so they can access on-demand finance training at their fingertips.
How to access the course
The Basics of Financial Statements is a 30-minute session including video tutorials and interactive learning to test your knowledge as you learn.
- Businesses: 12-month licence. Access your courses in the AAT Lifelong Learning Portal or add them to your own e-learning platform.
- Individuals: 12 months' access to the AAT Lifelong Learning Portal. View all the courses you’ve purchased, monitor your latest training activity and create goals to help you achieve your training aims.
Buy or license the course
If you're an employer wanting to license the course, get in touch and we'll get back to you. Or if you want to buy it for yourself, head over to AAT Store.