Understanding and Analyzing Financial Statements and Reports

Financial statement analysis is an exceptionally powerful tool for a variety of uses of financial circumstances of the entity. On successful completion of the workshop, the participants will be able to understand the different information derived from financial statements, analyze the financial statements and use the information gained in taking a decision.

CONTENT

* Accounting Framework

 - Accounting Concepts and Process

 - Accounts Code

 - Suspense and Errors in Accounts

 - Recording Transactions

* Contents of Financial Statements

 - Management Narratives and Commentary

 - Financial Summaries

 - Auditor’s Reports

* Overview of Financial Ratios

- Profitability Ratios

 - Liquidity Ratios

 - Investors Ratios

* Financial Statements

- Cashflow Statements

 - Income Statements

 - Statement of Financial Position

 - Notes to the Financial Statements 

 - Calculate/Understand useful Ratios

* IFRS on Financial Analysis

- Financial Statements

 - Key Measurement Tools

 - Statement of Cash Flows

 - Presentation

FOR WHOM: Accountants, Treasurers, Investment Managers, Cash Managers, Auditors and others who perform related functions in Public and Private Sectors

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.