Course Description

The course aims to provide Trainees with an understanding of the use of the financial statements and to develop skills in the analysis and preparation of financial statements for economic decision-making. Trainees will develop expertise in analyzing financial statements for investments, credit, business and management decisions. They will also learn how investment professionals and analysts identify potential opportunities and avoid pitfalls for senior management decision-making

Course Objectives

·         Learning how to prepare the framework of financial statements analysis

·         Becoming skilled at the use of ratios and financial analysis

·         Evaluating the financial performance of the organization

·         Preparing and analyzing financial statement

·         Understanding the impact of accounting standards and regulatory frameworks

·         Understanding major governance issues

Who Should Attend?

·         Accounting professionals

·         Budget holders

·         Finance professionals

·         Anyone who needs to know about organisational finance

Program Schedule

DAY 1

·         Financial reporting standards objectives

·         IFRS impact on financial information reporting and use

·         Financial analysis evolution under IFRS

·         The notes to the financial statements

·         The MD&A

DAY 2

·         Industry standards and related information

·         Ratios categories

·         Ratios structures

·         Ratios interpretation

·         The Cash Flow Statement

DAY 3

·         Short term

·         Long term

·         Leverage

·         Vertical analysis

·         Horizontal analysis

·         Selected ratios

·         Strategic financial approach

DAY 4

·         Purpose of financial analysis

·         Corporate overview

·         Financial analysis techniques

·         Detailed accounting analysis

·         Comprehensive analysis

DAY 5

·         Decision or recommendation

·         Compliance with the IFRS standard

·         Ethics of the financial reporting

·         Tone at the Top and General Environment