Financial Statement Analysis (Intermediate)

Course details

Financial Statements are the language of business indicating areas of profitability and loss, assets and liabilities and the cash flow position.  Financial Analysis enables you to analyze and evaluate financial statements in order to assess past performance, perform SWOT analysis, improve decision making and aid with the strategic planning process. This course provides participants with the knowledge to read and understand published Financial Statements and the notes.

Delegates will develop a clear understanding of the essential skills required to both prepare and analyze financial statements, which will enable you to:

• Improve your role in the workplace
• Increase your awareness of the major issues facing your business
• Enable you to further your professional skills
• Enable you to liaise effectively with line managers and other departments
• Improve your status in the organization as those around you realize and appreciate your knowledge and understanding

Objectives

Upon the completion of this course, the participant will be able to:

• Explain the terminology used in published financial statements
• Read any financial statements and other information published in the annual report
• Link the various parts that make up the published financial statements
• Be able to Prepare Financial Statements
• Gain a basic understanding of the major IFRS and their impact
• Develop an understanding of the role and responsibilities of financial analysis and management as part of the Strategic Planning Process
• Be able to identify the key success factors/critical factors in their industry/pision
• Evaluate case studies using Excel® and the very latest techniques/methods of Financial Analysis focusing on profitability and cash flow
• Understand the limitations of Financial Analysis

Be able to:

• Assess past performance
• Identify Strengths, Weaknesses, Opportunities and Threats
• Improve Decision Making relating to future:
• pisional/Inpidual Performance
• Capital Expenditure
• Investment Opportunities
• Implement and Evaluation Performance measures
• Aid the Strategic Planning Process
• Evaluate future market/competitive trends using
• Be able to value businesses and evaluate/analyze business valuations

Target Audience

• Those directly responsible for the preparation of financial statements
• Professionals with accounting and financial responsibilities
• Financial decision makers, whose techniques of decision making and analysis will be improved through attendance
• Professionals acting upon the financial decisions of others, who will gain an appreciation for decision making thereby ensuring shared values within the organisation
• Analysts whose role involves evaluating and identifying market and competitive trends

Course Structure

The course is conducted using a combination of lectures, discussions and practical workshop sessions

Program Contents

• Module 1: Preparing Income Statements and Balance Sheets together with accompanying notes
• Module 2:  Preparing Cash Flow Statements and Cash Budgets
• Module 3: The Role and Methods of Financial Analysis
• Module 4:  Analysing and Evaluating Financial Performance
• Module 5: Valuation and Business Performance