Introduction
In today’s world, finance professionals are challenged by providing management a detailed analysis of the impact of the organization’s financial decisions. Therefore, finance professionals need to be skilled at reading through the numbers on the financial statements, analyzing the figures, interpreting the various ratios, and presenting this analysis in a dynamic manner. This course takes you from the first step of understanding the relationships between the different elements of financial statements, through the process of calculating and analyzing the financial ratios, to the last step of presenting recommendations. While applying Excel tools and techniques, various real-life examples of published financial statements will be used throughout the course.
Course Objectives of Advanced Financial Statement Analysis and Forecasting
- Apply the framework of financial statements analysis.
- Use ratio and financial analysis.
- Interpret company financials and sector position.
- Appraise the process of company evaluation and analysis.
- Analyze real-life financial statements from companies traded on the world.
- Prepare financial analysis template models.
Who should attend: Advanced Financial Statement Analysis & Forecasting training course is ideal for:
- Finance Team
- New and experienced Business Executives
- Senior and Middle Managers
- Project managers
- HR Managers
- All line managers
- All individuals who want to become better at Financial Statement
Course Outlines
Day 1 Required components of financial statement analysis
- Role of financial reporting and analysis
- Objectives of financial statements audit
- Types of audits
- The financial statement analysis framework
- The accounting cycle
Day 2 Financial reporting standards
- Importance of reporting standards
- The standards-setting bodies
- Financial reporting mechanics
- International Financial Reporting Standards (IFRS)
- Generally Accepted Accounting Principles (GAAP)
Day 3 An inside look at financial statements
- Income statement components
- Revenue and expense recognition
- Balance sheet components
- Statement of changes in owners equity
- Cash flow statement
Day 4 Mechanisms of financial analysis techniques
- Vertical analysis and strategy
- Horizontal, trend analysis and growth
- Liquidity analysis, Solvency analysis
- Asset management and activity ratios
- Profitability analysis, DuPont analysis
- Limitation of ratio analysis
Day 5 Boosting efficiency in your department
- The 10 must-have Excel tips
- Working with text files
- Looking up records from a database
- Reconciliations and accounts analysis using pivot tables
- Creating management reports and dashboards
Advanced Financial Statement Analysis & Forecasting (Course No.012)
Advanced-Financial-Statement-Analysis-Forecasting