Understanding and Analysing Financial Statements Central Area, Central

Course details

In today's business world, understanding the finance and accounting knowledge is no longer an option for Management and Executives. Indeed, organisation will be able to perform better and achieve superior results if all staff in the organisation is able to apply relevant finance and accounting tools in their jobs and functions.

There is a growing trend to work in multi-disciplinary teams where knowledge of the core Finance, Accounting and Cost Concepts is necessary to achieve a common level of understanding and communication in relation to shared objectives and corporate drivers.

Those who need to make presentations to Board of Committees will benefit from knowing some of the key financial concepts in order that they can present their ideas with a high level of financial authority. The course is designed to discuss the main features of the financial statements prepared by a business enterprise.

Programme Outline

• What You Want to Know about the Financial Statements?
• Balance Sheet
• Interpretation of Auditors' Reports
• Analysing Performance of an Enterprise

Key Takeaways
Upon completion of this workshop, participants will be able to;

• Understand the meaning and fundamental structure of the financial statements
• Learn the inter-relationship of the items in the statements
• Learn to apply the key management ratios to evaluate the strengths and weaknesses of the business operations
• Know how to apply various analytical techniques to examine the performance of the business operation

Updated on 26 March, 2018