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Accounting and Finance for Engineers Part Two Unit 5 : Formal Financial Documents

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Unit overview

This unit introduces you to the formal requirements placed on a Company by the Government as part of Company Registration. This includes important dates and the overall purpose of formal financial documents.

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Level Technical
Partner Details

Professor Tony Ward

Tony is Professor of Engineering Management in the Department of Electronics at the University of York where he has worked for 25 years. Prior to that he spent 18 years in Industry as an electronic design engineer, technical manager and programme manager for a number of different companies.  Within York he has held the position of Provost of Alcuin College and Director of the Centre for Excellence in Teaching and Learning in Enterprise.  Externally he has been President of the European Association for Education in Electrical and Information Engineering and managed or participated in over 20 research projects.  He has published 17 journal papers, over 100 conference papers, given over 20 invited lectures or keynotes and written or contributed to 8 books or formally published reports. His research is in area of Engineering Education and Entrepreneurship.  He is the founder and Chairman of Skillsforge Ltd. A competence management and course booking spinout business from the University of York.

Type Unit
What you will learn
• Enable you to understand the reporting cycle and the key dates in this cycle
• Introduce you to the components of the formal financial documents
• Introduce you to the formal structure of the profit and loss account and the balance sheet
• Show you an example of a real company’s accounts and how to ‘read’ them
• Enable you to produce the formal financial documents given a set of trading data
Who should learn
A basic understanding of mathematics is useful.
Other relevant courses available