Report on Financial Activity

Report on Financial Activity

Interaction Training
Updated Jul 15, 2024

What you'll learn

  • Learn to read and interpret key financial statements, including the Balance Sheet, Profit and Loss Statement (P&L), and Cash Flow Statement.
  • Gain insights into the primary components in accounting, such as asset, liability, and owner's equity accounts, as well as income and expense accounts.
  • Understand how to organise and store financial data effectively.
  • Develop skills to analyse financial statements, identify discrepancies, unusual features, or queries, and use the operating budget to monitor financial performance.
Course Description

In this course, we investigate the basics of compiling financial information for key stakeholders. We focus on how financial information is processed and how reports are constructed, including how to identify asset and liability accounts; identify income and expense accounts; complete and interpret a Chart of Accounts and apply a Chart of Accounts coding system.