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Business accounting


Understand why income and expenditure needs to be accounted for, and explore financial statements, ratios, cash flow planning, and balance sheets, amongst other aspects of business accounting.

SKU: 277135 Category:


Business_Business administration


Learning outcomes

  • You will understand how and why income and expenditure needs to be accounted for You will be introduced to financial statements and will know the most commonly used statements used by businesses
  • You will know the difference between a capital expenditure and a revenue expenditure
  • You will understand financial ratios and you will know the types of information they can reveal about a business

Advantages of this course

  • Financial terminology is often used in the business world without explanation or consideration of workers new to the industry or only just entering the workforce. This short course gives learners a glossary of financial terms they can refer back to when a colleague mentions ‘business overheads’ or they come across an article about ‘CAPEX’ in the business section of a newspaper.
  • This short course will help you to prepare a balance sheet, cash flow statement, and profit and loss account. You will also be able to interpret basic financial statements and know why they are so important for a business.
  • Website and video resources are utilised to explore the function of business accounting
  • There is also suggested extra reading that gives both practical information and links to websites to expand knowledge

After purchasing this course on Reed, a customer service representative from Laser Learning will email you with an access code and instructions on how to redeem it on the Laser Short Course website. You will need to register on the Laser Short Course website if you have not done so already.

If the purchase was made within business hours, you should expect your access code email within 1-2 hours. If your purchase was made outside of business hours, you should expect your access code email the next working day.