- Course Code: UKVC19FIN
- Location: Online
- Duration: 0.75 hours
- Cost: £49.00
- Qualification: All modern browsers and devices
- Course Access: 12 months
- Exams Included: Yes
- Compatibility: All major devices and browsers
Financial Documents 101
Financial documents play a critical role in running small and large companies. The documents help businesses of all kinds in different industries to communicate their financial information to external parties or entities such as investors and banks. The financial reports summarise a business’s accounting procedures and features cash and account title tabulations.
The financial reports also showcase the financial status or position and performance of a company or individual, including changes in finances over a specified period. Businesses aim at using the statements to share financial decisions with internal and external parties to help with economic decisions.
Data sourced from business financial systems are used to aggregate, condense and simplify the development of financial documents. The statements simply display results from a company’s accounting system. The financial documents are usually developed and released on an annual basis every financial year.
This course has been designed to introduce you to the basics of financial documents.
Firstly, we define financial documents and explain what they are. The course also briefly explains what goes into creating financial statements.
Next, we cover the four main types of financial statements that you should know about.
The course introduces each statement and explains what they do and feature. It also explains the role of each statement in the operation of a business and in the life of individuals.
Finally, we state several benefits of financial documents to the business, including external entities, such as lenders and investors.
You Will Learn:
- What financial documents are
- The purpose of financial documents
- The four main types of financial documents
- The features of different types of financial documents
- The benefits of financial documents to business entities
Benefits of Taking This Course:
- Know the different types of financial documents
- Lean the function of each type of financial document
- Know the different features of each financial document
- Understand the role of financial documents in business
- Gain basic knowledge of financial documents
- Learn about the benefits of financial documents to businesses
- Determine if you want to learn more about financial documents
Taking this course will help you:
Who can take the Financial Documents 101 Certificate course?Anyone who has an interest in learning more about this subject matter is encouraged to take the course. There are no entry requirements to take the course.
What is the structure of the course?The course is broken down into 1 individual modules. Each module takes between 20 and 90 minutes on average to study. Although you are free to spend as much or as little time as you feel necessary on each module, simply log in and out of the course at your convenience.
Where / when can I study the course?You can study the course any time you like. Simply log in and out of the web based course as often as you require. The course is compatible with all computers, tablet devices and smart phones so you can even study while on the move!
Is there a test at the end of the course?Once you have completed all 1 modules there is a multiple choice test. The questions will be on a range of topics found within the 1 modules. The test, like the course, is online and can be taken a time and location of your choosing.
What is the pass mark for the final test?The pass mark for the test is 70%.
What happens if I fail the test?If you don’t pass the test first time you will get further opportunities to take the test again after extra study. There are no limits to the number of times you can take the test. All test retakes are included within the price of the course.
When will I receive my certificate?Once you have completed your test you can log in to your account and download/print your certificate any time you need it. If you would prefer us to post you a certificate to a UK address, there will be an admin charge of £10 (certificates sent internationally may cost more).
How can I pay?You can either use your Visa, MasterCard, American Express, Solo cards or PayPal account to pay for the online course. Our site uses the latest SSL encryption to ensure your safety. All payments are handled securely by PayPal.
How long after payment can I begin the course?You can begin the course immediately after your payment has been received. You will create your login details during the checkout process. We will also send you an email confirming your login details.
How long does it take to complete the Financial Documents 101 Certificate course?We estimate that the course will take about 0.75 hours to complete in total, plus an additional 30 minutes for the end of course test.
How long is my certificate valid for?Once you have been awarded your certificate it is valid for life. The certificate does not expire or need renewing.