This course brings together the key elements of financial statement analysis. It will enable participants to ask the right questions, see the real risks facing businesses and investors, feel more confident in their ability to comment on business activities and performance, and analyze financial health for management. These skills and the required technical knowledge will be put into practice throughout the course using interactive examples and case studies, putting theory and technique into context. By the end of the course, participants will be able to:
List and differentiate between the important components of basic financial statements
Explain financial statements’ ratios and design Excel sheets and graphs for financial statements analysis
Give examples of creative accounting schemes and discuss the validity of the used accounting rules
Assess the quality of financial reports and evaluate quality of the reported earnings and cash flows
Analyze the financial position and performance of a company over a period of time and draw conclusions regarding its sustainability
Forecast financial statements based on the analysis of the historical performance of a company