Accounting Fundamentals – Understanding the Numbers

A clear and practical introduction to understanding business finances

This session looks at the basic fundamentals of accounting within business. It considers what ‘accounts’ actually are and gives an overview of income, expenditure, assets and liabilities.

The session crucially looks at how to read a Profit and Loss account using simple examples in each category. It continues to explain key categories within the P&L such as Revenue, Gross Profit, Overheads, Cost of Sales and Net Profit.

This is a great overview for people who may need to read and understand key financial data within their role and is delivered in a fun, jargon-free, accessible way.