Management fundamentals
Understanding a balance sheet - M11
A word from the author
I designed this module for all those who want to be able to rapidly analyze a balance sheet by identifying the key figures. Whether to better understand your own activity or that of your competitors, or to verify the financial strength of your clients, the balance sheet is a key management tool.
List of chapters
- Sources and uses of funds
- The structure of a balance sheet
- The main headings
- Quiz
Learning objectives
- Be able to define a balance sheet.
- Understand the concept of balancing of uses/sources.
- Understand the overall structure and different headings.
Income statement - M12
A word from the author
The profit or loss made over an accounting period is an important figure both for managers and investors. It is however, vital that you understand what might be "hiding" behind the profit or loss by identifying what results from operations, financial policy and exceptional items.
List of chapters
- Calculating profit and loss
- Profit/loss and changes in equity
- An economic approach to the income statement
- The income statement structure
- Quiz
Learning objectives
- Understand how income is calculated.
- Understand the definition of profit of loss.
- Understand the content under the different headings on the income statement.
The rationale of accounting movements - M13
A word from the author
As a Manager or Company Director, you know how important it is to understand the concepts of cash and profit or loss. Understanding these concepts and the effect of key operations in the life of a company have on these indicators is essential.
This module has been designed in order to provide you with this understanding.
List of chapters
- Understanding the cash position
- Transactions with no impact on profit or loss
- Transactions with an impact on profit or loss
- Quiz
Learning objectives
- Understand the relationships between the balance sheet and the income statement.
- Understand the difference between profit or loss and the cash position.
- Understand the main accounting movements and their impact on the balance sheet and income statement.
Techniques for preparation and presentation of financial statements - M14
A word from the author
Management decisions have a direct impact on your company’s financial statements. Understanding the implications of amortisation, stock control or risk allowance in anticipating future difficulties or showing financial statements in their best light. Is good management not all about forward planning?
List of chapters
- Stocks
- Amortisation
- Provisions
- Year-end decisions
- Quiz
Learning objectives
- Understand the concepts of the changes in levels of stock and how they are valued.
- Discuss the role of stock in financial statements.
- Discover how to manage provisions and year-end profit or loss.
- Understand fixed asset amortization and the different types of amortization.