Course Description
Byte size learning skills course of 1 comprehensive session
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.
Tutor Support
With this course you will have unlimited access to your own personal tutor who specialises in their field of study. It is your personal tutor's role to ensure that you receive constructive feedback and to deal with any queries you may have. You are more than welcome to telephone, fax or email your personal tutor.
You will also have access to a dedicated and friendly team of administrators and course advisors who offer sound and professional guidance and advice when you need it. This ensures that you will never feel neglected and that you will always succeed!
Assessment Method
After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.
What's Included
All study materials Study Guide Full Tutor and Admin support
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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:
Tutor Support
With this course you will have unlimited access to your own personal tutor who specialises in their field of study. It is your personal tutor's role to ensure that you receive constructive feedback and to deal with any queries you may have. You are more than welcome to telephone, fax or email your personal tutor.
You will also have access to a dedicated and friendly team of administrators and course advisors who offer sound and professional guidance and advice when you need it. This ensures that you will never feel neglected and that you will always succeed!
Assessment Method
After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.
What's Included
Course Outline
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
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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
More Information
| Language | English |
| Content Length | 8.00 hours |
| Duration of Access | Unlike other Distance Education Colleges, we impose no time limits or pressures on you to complete your course material. Your course will not expire, and it will not become invalid until you have successfully completed it. |
| Instructor | Self Study |
| Vendor | Stonebridge (Read more about Stonebridge accreditation.) |
| Course Certification | Certificate of Completion in The Balance Sheet All students will receive a certificate in the mail on successful completion of their course. |
| Prerequisites/Audience | There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds. |
| Requirements/Materials Included | This program can be accessed and completed using either PC or Macintosh computers. You'll need an Internet connection of 28Kpbs or higher, and a Web browser. There are no required textbooks. |
Price: € 71.37 (EUR)
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