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Understanding Profit and Loss Course

Individual cost: Price: £29.99(including 20 % tax)


This online course will help you understand how profit is generated and measured, and how individual managers contribute to profit.

Understanding Profit and Loss

There is a lot more to understanding profit and loss than just being aware of how much money a business or organisation is making or losing, and so the eLearning course, Understanding Profit and Loss, will help you to do just that in an accessible format that is easy to understand.

Naturally, profit is the primary aim for any business and is what drives the organisation forward. This online course will show you how to recognise how profit is generated, how it is measured, how individual managers are able to contribute to this aim, and what happens to it once it has been achieved.

Once you have completed Understanding Profit and Loss, you will have the skills and the knowledge to see how profit is generated, how it is measured, and how it is evaluated and distributed; you will understand the importance of profit and cost control; understand what the relationship is between profit, costs and revenue; and be able to understand typical Trading Statements and Profit and Loss Accounts.

There are four modules in Understanding Profit and Loss, which are: Profit in Perspectives; Costs and Revenues; The Trading Statement; and The Profit and Loss Account. At the end of each module, you will be able to take a test that will allow you to check your understanding, and once you have completed the entire online elearning course, there is an overall test so that you can assess your learning.

It will take you around 90 minutes to complete Understanding Profit and Loss, but the licence for the course is valid for six months from the date of purchase. As well as being able to access it on your PC, you can also access Understanding Profit and Loss on your iPhone or iPad and your Android smartphone as long as the operating system is Android 2.2 or higher.


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Course Details

Course Details: ELearning
Length in Minutes    90 minutes
Language    English
Number of Modules    4
Qualification None
Course Prerequisites    None
Browser Compatibility    All Browsers
Android Compatible    2.2 and higher
iPad Compatible    Yes
iPhone Compatible    Yes
PC Compatible    Yes
Licence Period    6 Months

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