Lantra Awards Technical Award in Understanding and Using your Accounts

Product code: 
Summary / introduction: 
Financial management is extremely important within a business.
Target audience: 

Anyone who wishes to improve their skills and knowledge of this topic in order to be more effective at work.


Our Understanding and Using Your Accounts course will help you:

  • Understand how to monitor your businesses performance
  • Look at your income against your expenditure
  • To produce end of year accounts
  • Work more effectively with your accountant, making the financial management side of your business a much easier process.
Product objectives: 
  • Use the profit and loss and balance sheet for managing the business.
  • Examine the make-up of the balance sheet and profit and loss account.
  • Make ‘simple’ business appraisals in order to measure the performance of their business.

Course sessions:

  • Producing end of year accounts
  • The information needed and used by the accountant
  • How profit and loss and balance sheets are made up
  • Use of simple ratios to help measure the performance of the business
Course / product type: 
Training Course
Assessment type: 
Training Only
Course / product delivery: 
1 Day
Min number of learners: 
Max number of learners: 
Business Skills
Managing Finances within a Business