The Balance Sheet

Course Outline

Overview

By attending this training workshop, you will understand the purpose of the balance sheet, which is to show the financial status of an organization at a specific point in time.

Agenda

• Constituents of the balance sheet
• The fundamental accounting equation
• Importance of working capital
• Exercise – prepare a set of accounts

Target Audience

This training workshop is suitable for:

• New accounting staff who need to understand the financial accounting function holistically.
• Accountancy staff with no formal qualifications.

Learning Outcomes

Upon completion of this training workshop, you will understand:

• The three elements of a balance sheet.
• The structure of the balance sheet.
• How working capital serves as a metric of financially stability in the short-term.
• How bookkeeping and accounting will help you prepare financial statements.