Assets and liabilities – simplifying accounting policy choices

Professional Development


This course provides a broad overview of how the choice of accounting policy can impact the financial statements. It allows delegates to interact with illustrative examples and consolidate their understanding with the tutor.

Suitable For

This session is suitable for those people who are new to the finance industry, but have some knowledge of double entry bookkeeping and financial statements.

2 CPD hours
2 hours

This course has already run and a new date has not yet been scheduled. Please contact us to register your interest.

Learning Outcomes

Having attended this course, delegates will:

  • Have an awareness of the different accounting policies and when to use each
  • Have considered where this will be applicable in their workplace
  • Be able to apply the knowledge to a practical example


  • Provides a recap of the choices of accounting policy when dealing with all assets and liabilities
  • Focus on fixed assets revaluation vs depreciating cost
  • Looking at the effect of accounting policy on the financial statements