Module 1 - The Balance Sheet: a reflection of the finances of an entity. The Statement of Financial Position

Two unique features of this series are (1) the Open Line with the tutor offering you direct support by answering your questions or giving you additional resources on topics covered in the courses and (2) the link we make between Finance and Accounting on the one hand and World 4.0 on the other. Finance is no longer a historic account of events but it looks into the future helping managers make valuable predictions and decisions.

This is a modularised online programme, on practical skills for all professionals and will equip you with skills you need in your daily working life, immediately from day 1.

Whether you are a manager looking for skills in how to link finance to business processes, or a prospective accountant that wants to start a career in Accounting under IFRS and Finance, or a working accountant that wishes to enhance their Accounting and financial management knowledge to support their daily work, you will find this course unique and resourceful.

It is also a refreshed way of looking at Accounting and Finance and some of the things we will be covering may not be available in books or publications or on the Internet.

In this 2.5-hour module, we will construct together simple balance sheets while at the same time looking at real life balance sheets of companies listed on a stock exchange. We will search for information that warns us of the health issues of a company. The entire module is case study based and practical.

Course content:

  • Fully understand what a balance sheet is, what it is made up of and how to look for items you need for information
  • The significance of the accounting equation
  • How assets and liabilities are valued and what this value means to the reader whether investor, lender, owner or other stakeholder
  • Fully understand the meaning of Working Capital and how to obtain it and interpret it
  • Searching for information in published Balance Sheets including information in the notes of the Financial Statements
  • Make preliminary analysis of the health of the company using only the Balance Sheet. Or can we?
  • Lots of practice questions with full explanations and an extra case study to work on at the end of the course
  • Tutor hot-line available for three months after the course: ask your tutor questions on any part of the course and case studies!

On completion of this online course, you will receive a certificate.

This module is a part of the Finance in Business e-learning course.

The course is delivered in English.

Check out the next module in the series.

Are you looking for live interactive training on this topic? Find out more about our Finance in Business modularised course programme: case study workshops for business professionals delivering the practical financial skills you need for your daily work.

Show your certificate of completion for this course and get a 10% discount for the Finance in Business Online Live workshops.


Patrycja Bawolska

Patrycja is the supervisor of the popular "Finance for Non-Financial Professionals" training course series.

Phone number: +48 797 305 720

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