It always seems impossible until it is done. Nelson Mandela
Idea Transcript
Remind me about this course Request a different date or location for this course (we regularly add courses following requests). Desired Date(s)
Desired City
Overview
Inhouse
Why us
Your Email
Submit
* Claim back your VAT Find out more
Related
Are you financially literate? Whether assessing current performance, developing Key Performance Indicators (KPIs) or simply developing a forecast budget, do you understand the story behind your company’s financials? Can you read the warning signs or identify when and where numbers don’t make sense? How does your business compare to its competitors, shareholders, employees and other stakeholders? Is there an expectation gap? Increase your financial literacy: become an effective manager as you understand how your business is viewed and learn how to sway perception rather than react to perceived shortfalls. Overview This programme reviews the content and purpose of the three fundamental financial statements, the Income Statement, the Balance Sheet and the Cash Flow Statement. Through various hands-on class exercises and discussions, the interplay between each is demonstrated and highlights why good financial statement analysis takes time. Attendees are also encouraged to use Excel to undertake analytical exercises, such as capex smoothing, ratio analysis and breakeven analysis. Key benefits Understand the intent of the Income Statement, Balance Sheet and Cash Flow Statement and how the statements link together through the concept of control accounts Recognise alternative layouts for financial statements Learn some of the key differences between the two main accounting regimes, namely International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (US GAAP) Understand the importance of ratio analysis for assessing profitability, liquidity and gearing Develop an analytical toolkit to assist financial statement interpretation Understand how analysis may affect valuations Aimed at both new and experienced analysts, accountants and managers, this course provides attendees with analytical tools required to support more informed corporate finance, operational and strategic decisions in a timely, quantitative manner.