Description

Keeping good financial records of your business is essential. There are a few clear examples of the type of records you should be making including trading accounts and a balance sheet to name a few.

This session firstly breaks down what a number of financial records are, how they are useful to a business and how to calculate items such as current assets, profit and loss, net profit and financial performance.

Once the session is complete, you will understand the different ways you can calculate costs and the importance of keeping financial records up to date. 

Instructions:

• Please complete the course, review questions, and successfully complete the qualified assessment with a minimum of 100% accuracy within one year of course enrolment.
• To retake the course, please refresh your browser and the course will start again.

Instruction before the Final Exam:

• The following exam will test your knowledge of this course.
• You can take it as many times as you want.
• You must have a score of 100% to pass this exam.
• You are required to complete the qualified assessment within one year of the date of purchase or enrolment.
• You must pass this exam to receive continuing education credits.
• You would need to retake the course before attempting the qualified assessment again.
• To redo the course after passing, you would need to reset the course.
• You won’t be awarded additional CPE if you re-take the qualified assessment after passing once.
• Please fill in and submit the survey after passing final exam to get CPE and Certificate of Completion.