Financial Analysis

This training course gives you a good understanding of how to understand and interpret a set of financial statements created and published by companies.

Financial statements can yield significant amounts of information about how the company is trading and behaving which can be invaluable to many user groups.

This course explains in some detail the information that is included in financial statements and what is implied by it. The basis of Accounting used by most of the larger companies is IFRS (International Financial Reporting Standards) and therefore the financial statements analysed during the course will have been prepared using this set of standards.

While the course is not designed to give you a comprehensive knowledge of IFRS it will provide you with an understanding of the choices that companies have and therefore what to look out for in the Accounting policies.

Not only will the information required to be included under IFRS be reviewed, but the management commentary will also be reviewed while considering the possible pitfalls of not being sufficiently sceptical of this part of the financial reporting documents provided.

Course Agenda Highlights:

• Part 1: Introduction and Overview of the Major Elements of Financial Statements
• Part 2: Key Ratios
• Part 3: Main Accounting Policies and Their Impact on Ratios and Interpretation
• Part 4: Subjectivity in Financial Reporting
• Part 5: Analysing Other Information Presented by Management
• Part 6: Case Study – Analysing Competitors