Custom Industry Training Programs

Financial Analysis Skills

General Description

A practical workshop designed form managers or business owners with a high level of financial accountability and responsibility. The program will assist them to interpret andanalyse financial statements and information for a variety of purposes including determining business feasibility and financial health of a company, and developing financial building blocks to underpin business strategy.

Duration

1 Day or 2 Half Days

Pre-requisites

Accounting Skills or equivalent.

Methodology

A proven practical workshop approach is taken in delivering this course. Course exercises are designed to impart relevant skills and knowledge through real-life examples, case studies and scenarios. Comprehensive notes are provided to participants to reinformce learning.

Content

• An overview of th three financial statements, the balance sheet, profit and loss statements and cash flow statements - what they can offer, and how they relate.


• A series of real-life case studies to develop and practice the skills of critiquing annual reports and financial data and analysing performance over time.


• Analysing financial data using financial modelling and diagnostic software.

Learning Outcomes

• Describe and analyse elements of financial statements such as assets, liabilities, equity, revenue, expenses and cash flows.


• Explain underlying basic concepts of financial statements.


• Be aware of reporting obligations.


• Analyse trends in financial statements.


• Perform ratio analysis and assess financial performance.


• Recognise the warning signals of a business experiencing difficulties.