Understanding Sole Trader –Trading Accounts Part one and Part two

This three webinar in two parts  is for lenders who need to understand trading accounts in a personal lending or business lending context.

A practical walk through the trading accounts explaining each line and why its important to the lender.

Part one

• What is the purpose of trading accounts
• Contents and general information section explained
• What is the purpose of the Trading Profit and Loss Account
• A line-by-line explanation of the contents of the Trading Profit and Loss Account
• Notes on what the lender needs to learn from the Trading Profit and Loss Account
• Summary comments on the Trading Profit and Loss Account
• Breakout discussion
• Questions

Part tw

• What is the purpose of the Balance Sheet
• A line-by-line explanation of the contents of the Balance Sheet
• Notes on what the lender needs to learn from the Balance Sheet
• Accounting policies explained
• The nature of Audited and Unaudited Trading Accounts
• Breakout
• Questions