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Offer ends Tuesday 26th March

Balance Sheet (Byte Size Skills Course)

  • 1 units
  • 20 guided learning hours
Balance Sheet (Byte Size Skills Course)

You are probably familiar with the accounting term 'balance sheet'. However, relatively few of you will probably really understand what a balance sheet really is or what it purports to show. In this course we shall see that the balance sheet aims to provide a statement of financial position by setting out the resources of the business, on the one hand, and the claims against those resources, on the other. The information contained within the balance sheet can be presented in various forms and in this course we shall consider the main forms of presentation. In drawing up a balance sheet, we employ a number of accounting rules or conventions. We consider these in some detail and discuss their limitations.

By the end of this course, you should be able to:

  • explain the nature and purpose of a balance sheet
  • define the terms asset, liability and capital
  • explain the typical form and content of a balance sheet
  • discuss the major conventions that underpin the balance sheet
  • explain why a balance sheet on its own does not provide an adequate record of events

On completion of your course, you will receive two certificates:

Certificate 1 is issued by Stonebridge Associated Colleges: Balance Sheet (Byte Size Skills Course) Certificate

Balance Sheet (Byte Size Skills Course) Certificate issued by Stonebridge Associated Colleges, to view a sample of the college’s award, please click here.

Requirements for Entry

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

Professional Membership

On completion of this course you will be eligible to join the following Professional Associations(s):

Stonebridge

On successful completion of your course your qualification is awarded. You will receive an attractively presented Diploma or Certificate issued by Stonebridge Associated Colleges, this will also allow you to use the letters SAC. Dip. or SAC. Cert. after your name.

Stonebridge Associated Colleges is one of the leading (and biggest) distance education colleges in the U.K and internationally. We have many thousands of students studying with us at any one time from locations all over the world. Our diplomas will always count towards your future, and will improve your prospects of future employment or higher level study etc. by proving that you have studied to a certain level, that you have proficiency in your chosen subjects and that you are interested in your field of choice. Education is always an investment in your future and you will find this to be the case with our qualifications in your jurisdiction.

Introduction

Objectives

Section 1: Nature and Purpose Of A Balance Sheet

1.1 The Nature of Assets

1.2 The Nature of Claims

1.3 The Relationship Between Assets Liabilities and Capital

1.4 Other Important Conventions

Section 2: Capital Revenue and Expenses

2.1 The Effect of Transactions On Capital

2.2 The Link Between the Profit and Loss Account and the Balance Sheet.

Section 3: The Presentation of the Balance Sheet

3.1 Classification of Assets and Liabilities

3.2 Balance Sheet Formats.

3.3 Miscellaneous Points On The Balance Sheet

Review Activity

Recommended Reading

Tutor-marked Question Paper

What's Included

  • All study materials
  • Study Guide
  • Full Tutor and Admin support
Balance Sheet (Byte Size Skills Course)

You are probably familiar with the accounting term 'balance sheet'. However, relatively few of you will probably really understand what a balance sheet really is or what it purports to show. In this course we shall see that the balance sheet aims to provide a statement of financial position by setting out the resources of the business, on the one hand, and the claims against those resources, on the other. The information contained within the balance sheet can be presented in various forms and in this course we shall consider the main forms of presentation. In drawing up a balance sheet, we employ a number of accounting rules or conventions. We consider these in some detail and discuss their limitations.

By the end of this course, you should be able to:

  • explain the nature and purpose of a balance sheet
  • define the terms asset, liability and capital
  • explain the typical form and content of a balance sheet
  • discuss the major conventions that underpin the balance sheet
  • explain why a balance sheet on its own does not provide an adequate record of events

On completion of your course, you will receive two certificates:

Certificate 1 is issued by Stonebridge Associated Colleges: Balance Sheet (Byte Size Skills Course) Certificate

Balance Sheet (Byte Size Skills Course) Certificate issued by Stonebridge Associated Colleges, to view a sample of the college’s award, please click here.

Requirements for Entry

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

Professional Membership

On completion of this course you will be eligible to join the following Professional Associations(s):

Stonebridge

On successful completion of your course your qualification is awarded. You will receive an attractively presented Diploma or Certificate issued by Stonebridge Associated Colleges, this will also allow you to use the letters SAC. Dip. or SAC. Cert. after your name.

Stonebridge Associated Colleges is one of the leading (and biggest) distance education colleges in the U.K and internationally. We have many thousands of students studying with us at any one time from locations all over the world. Our diplomas will always count towards your future, and will improve your prospects of future employment or higher level study etc. by proving that you have studied to a certain level, that you have proficiency in your chosen subjects and that you are interested in your field of choice. Education is always an investment in your future and you will find this to be the case with our qualifications in your jurisdiction.

Introduction

Objectives

Section 1: Nature and Purpose Of A Balance Sheet

1.1 The Nature of Assets

1.2 The Nature of Claims

1.3 The Relationship Between Assets Liabilities and Capital

1.4 Other Important Conventions

Section 2: Capital Revenue and Expenses

2.1 The Effect of Transactions On Capital

2.2 The Link Between the Profit and Loss Account and the Balance Sheet.

Section 3: The Presentation of the Balance Sheet

3.1 Classification of Assets and Liabilities

3.2 Balance Sheet Formats.

3.3 Miscellaneous Points On The Balance Sheet

Review Activity

Recommended Reading

Tutor-marked Question Paper

What's Included

  • All study materials
  • Study Guide
  • Full Tutor and Admin support
Enrol now for just £19.99
Offer ends Tuesday 26th March

Fees

Choose your method of payment for Balance Sheet (Byte Size Skills Course)

  • Pay in full
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Pay in full
£109.99 £0 £109.99
Note : If you opt to study via the paper based method there is an additional postage charge which will be highlighted during the checkout.
(Royal Mail First Class = £10 per course or Royal Mail Second Class = £5 per course, Overseas = £25).
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