Short Course

Financial Statements of a Sole Proprietor

Understand how small business finances work! Learn to prepare and interpret income statements and balance sheets for sole traders, including owner’s equity and withdrawals.

Video-led

100% Online

Self-Paced

2 - 3 Hours

Course Price

R250

This course includes:

Learning Outcomes

Learning Outcomes:

By completing this course, you will be able to:

  • Describe the key characteristics and financial reporting requirements of a sole proprietorship.
  • Identify the components and structure of the income statement and statement of financial position for a sole trader.
  • Prepare basic financial statements, including the owner’s equity section, in line with accounting conventions.
  • Interpret financial statements to assess profitability, liquidity, and business performance.
  • Differentiate between personal and business transactions to maintain accurate and compliant financial records.

Your learning journey

Simple, clear and learner-friendly

1

Enrol Online

Pay securely and get access immediately.

2

Watch Lessons

Complete short interactive video lessons.

3

Complete Activities

Apply skills through practical learning activities.

4

Earn Certificate

Receive your certificate after successful completion.

Certificate of Completion

At LearnHUB, we believe in recognising your achievements every step of the way.


That’s why you will achieve a certificate for every course that you successfully complete.

Frequently Asked Questions

Answers before learners enrol

Yes, no prior experience is required.

Yes, after successful completion.

The course is designed to take approximately 2 to 3 hours.

Yes, the design is responsive and mobile-friendly.

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