Packt

Trial Balance to Financial Reporting

Packt

Trial Balance to Financial Reporting

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Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace
Gain insight into a topic and learn the fundamentals.
Intermediate level

Recommended experience

1 week to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Understand the complete process of preparing and correcting trial balances.

  • Learn to perform bank and supplier reconciliations effectively.

  • Gain expertise in preparing financial statements for different business structures.

  • Master adjustments and the preparation of cash flow statements, applying international accounting standards.

Details to know

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Recently updated!

May 2026

Assessments

5 assignments

Taught in English

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This course is part of the Accounting Basics: ACCA/CIMA/CMA/CA/AAT/Cambridge/Edexcel Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 3 modules in this course

In this module, we will explore the process of performing reconciliations in accounting. We will cover how to prepare bank reconciliation statements and supplier reconciliations. Additionally, we will summarize key reconciliation concepts and techniques, helping you understand the importance of maintaining accurate financial records.

What's included

3 videos2 readings1 assignment

In this module, we will dive into the preparation of the trial balance and its significance in financial reporting. We will also cover various types of accounting errors and demonstrate how to correct them using journal entries. Furthermore, we will explore how to address errors impacting profit calculations, ensuring the accuracy of your financial records.

What's included

5 videos1 assignment

In this module, we will focus on advanced reporting techniques and the preparation of financial statements. We will walk through the process of applying final adjustments to financial data and preparing sole trader financial statements. Additionally, we will explore international accounting standards, including IAS 10 and IFRS 15, to enhance your understanding of advanced financial reporting.

What's included

15 videos1 reading3 assignments

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