0845 450 6120

Understanding and Interpreting Accounts - Day 1

This is day one of a two-day programme which provides delegates with the core accounting principles they need to be aware of to read and analyse a set of accounts effectively.

Day two (which can be booked separately) applies this foundation knowledge to financial analysis skills and how to measure financial performance. The course is intended for those with no previous accounting experience who need to be able to understand and interpret a set of accounts.


This course would be suitable for non-financial managers and anyone who needs a foundation in financial literacy, understanding and analysing a set of financial statements.


Learning Objectives

Day one aims to demystify company accounts and covers basic accounting principles and explains the real meaning of accounting jargon.

Course Content

Demystifying a set of accounts: the accounting foundations – what is financial information?

  • Understanding the basics
  • Components of financial statements
    • Profit and loss account, balance sheet, cash flow
    • Introduction to financial analysis
  • Financial jargon – what do the words really mean?
    • Capital expenditure, working capital, gearing, EBIT profitability and many others will be clearly explained in context
  • What are the key messages to get from accounts?
  • What non-financial factors should be considered to gain a real understanding?
One Month
Two Months
Three Months
More than Three Months
PRINCE2 Foundation & Practitioner
MSP Foundation & Practitioner
APMP Certificate
ITIL Foundation
Scrum in One Day
Certified ScrumMaster
ISTQB Software Test Foundation
Microsoft Project
BCS Business Analysis Practice
Other - Please Specify Below

Online Courses

You may prefer an online course if you are looking for a flexible and cost-effective solution. Online courses allow you to study at your own pace, at a time that suits you.

We have the following eLearning options available:

Our Customers Include