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Key Financial Reports


Types of Financial Statements

Accountancy and financial management are reliant on the production and analysis of multiple key documents. Both the business and its accountants must be able to see the current position, past and expected future performance of the organization at a glance. Most key financial reports and documents are inter-dependent, meaning each must be flawless without exception. A single error in one key financial report could potentially render many others inaccurate. In business accountancy, the smallest errors can trigger the most drastic consequences. It is the responsibility of the accountant to ensure that all key financial reports are flawless in their accuracy and completeness.

This intensive tutorial provides existing and prospective accountants alike with a comprehensive overview of the most important financial reports and documents. Study the different types of financial statements and several types of financial reports, including balance sheets, income statements, cash flow statements, retained earnings records and statement of changes in financial position. Learn how to work with debits and credits, while examining the difference between single and double-entry accounting.



After the completion of this course learners will be able to:

  • Discuss various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
  • Explain single-entry and double-entry bookkeeping
  • Differentiate between debits and credits

Programme Content


  • The Income Statement
  • The Balance Sheet
  • The Cash Flow Statement
  • Statement of Retained Earnings
  • Single vs. Double Entry Accounting
  • Understanding Debits and Credits


Target Audience

  • New or recent recruits to banking and financial organizations
  • Operations and support staff
  • Finance and accounting staff
  • Dealers and Traders



No prior knowledge is required to take this unit.


  • Participants:8 - 400
  • Duration: 2 - 3 hours
  • Participation:Only collaborative

Key Benefits

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Course at QLS CPD
Study Method LMS
Course Duration 10 Hours
Start Date on going
Awarding Body
Full Fee:    £ 120

Discount:    £ 96

Pay Today:    £ 24

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