Master Class In Basics Of Balance Sheet And Profit & Loss

Complete guide applicable to Basics of balance sheet and profit - loss account and it’s different concepts

What you'll learn

You will learn the Objectives, Introduction Meaning and types of financial statements, Parties interested in financial statements. Objectives of financial sta

You will be able to learn Horizontal form T form.

Learn about the Balance sheet, understanding corporate balance sheet (Asset side).

Learn about Current assets loans and advances. Miscellaneous expenditures and losses. Liabilities side.

Discover how to get the knowledge of preparing balance sheet, Statement of Retained Earnings and the limitation of financial statement.

Requirements

You should have an interest in basics of balance sheet.

An interest in Parties interested in financial statements. Objectives of financial statements, Horizontal form T form.

Description

DescriptionTake 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 frameworksInvest in yourself today and reap the benefits for years to comeThe Frameworks of the CourseEngaging 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 1Introduction and Study Plan· Introduction and know your Instructor· Study Plan and Structure of the Course1. Basics of balance sheet and Profit and Loss account1.1. Objectives1.2. Introduction2. Meaning and types of financial statements2.1. Meaning2.2. Parties interested in financial statements3. Objectives of financial statements3.1. Objectives.4. Basics of Income statement (Income statement)4.1. Income statement4.1.1. Horizontal form T form4.2. Balance sheet5. Understanding corporate balance sheet5.1. Asset side5.2. The Fixed Assets are presented as5.3. Current assets loans and advances5.4. Miscellaneous expenditures and losses5.5. Liabilities side5.5.1. Reserves and Surplus5.5.2. Long term Liabilities. current liabilities and provisions5.5.3. Contingent liabilities.5.6. The proforma of the Balance sheet 1 Horizontal Form5.6.1. The proforma of the Balance sheet  2 Vertical Form5.7. Statements of retained earnings6. Limitation of financial statement6.1. Following are the limitations of financial statements:Part 2Assignments

Overview

Section 1: Introduction and Basics of balance sheet and Profit and Loss account

Lecture 1 Introduction and Study Plan

Lecture 2 1.1. Objectives

Lecture 3 1.2. Introduction

Section 2: 2. Meaning and types of financial statements

Lecture 4 2.1. Meaning

Lecture 5 Meaning and types of financial statements 2

Lecture 6 Meaning and types of financial statements 3

Lecture 7 2.2. Parties interested in financial statements

Lecture 8 Parties interested in financial statements 2

Section 3: 3. Objectives of financial statements

Lecture 9 3.1. Objectives.

Lecture 10 Objectives of financial statements 2

Section 4: 4. Basics of Income statement

Lecture 11 4.1. Income statement

Lecture 12 4.1.1. Horizontal form T form.part 1.

Lecture 13 4.2. Balance sheet

Section 5: 5. Understanding corporate balance sheet

Lecture 14 5.1. Asset side

Lecture 15 The Fixed Assets are presented as.

Lecture 16 5.3. Current assets loans and advances

Lecture 17 5.4. Miscellaneous expenditures and losses

Lecture 18 5.5. Liabilities side

Lecture 19 Liabilities side 1

Lecture 20 Liabilities side 2

Lecture 21 5.5.1. Reserves and Surplus

Lecture 22 5.5.2. Long term Liabilities. current liabilities and provisions

Lecture 23 5.5.3. Contingent liabilities.

Lecture 24 5.6. The proforma of the Balance sheet(1) Horizontal Form

Lecture 25 5.6.1. The proforma of the Balance sheet. 2. Vertical Form

Lecture 26 5.7. Statements of retained earnings

Section 6: 6. Limitation of financial statement

Lecture 27 Following are the limitations of financial statements

Section 7: Assignments and Coursework

Lecture 28 Assignments

Lecture 29 Templates and Formats

Professionals with Meaning and types of financial statements knowledge who wants to see themselves well established in Basics of balance sheet.,New professionals who are looking to see them successful in different methods of preparing the financial statements and working according to it.,Existing executive board directors, managing directors who is looking to get more engagement and innovation from their teams and organizations