Understanding Financial Statements and Accounting Concepts

The course is designed to teach participants to become more competent users of accounting information, financial statements and techniques of financial analysis. Accounting as an information system is the communication mechanism that tells a company’s story in facts and figures. The idea is not to train participants to become accountants but instead to help them to understand accounting information so that they can contribute to the success of the business.

Course leader

László Szívós is an assistant professor at the Department of Finance and Accounting

Target group

BA and MA students, recent graduates

Course aim

• feel comfortable with accounting concepts and double-entry bookkeeping
• understand how a Balance Sheet (Statement of Financial Position), a Profit & Loss Statement (Income Statement) and a Cash Flow Statement are prepared
• be able to assess the financial performance and situation of companies
• appreciate the flow of transactions through the business as shown by the accounting system
• be able to understand and assess the impact of business decisions on financial statements

Fee info

EUR 350: EUR 350. Early bird discount and last minute application is available. The fee includes:

- Tuition fees for the one-week course
- Course materials and equipment
- Academic programs
- Welcome reception

The course fee does not include accommodation, transportation or health insurance.