What can I expect to find in the Know Your Numbers skill?

Skill content

There are 4 self-titled modules that make up the KYN skill. They are called,

  • Statement Definitions
  • The Profit and Loss Statement
  • The Balance Sheet
  • The Cashflow statement

 

Each module is delivered in plain ‘easy to follow’ everyday language, with as little use of fancy accounting jargon as possible. Inside each module you will hear;

  • What the purpose of the financial statement is.
  • What components make up the financial statement.
  • Some examples of those components for clarity.
  • An example of the how the components are used in the statement.
  • And a short quiz with 3-4 questions to test your learning at the end of the module.