Course Title: Financial statement analysis for professional accounting professionals
Course Category: Finance Subcategory: Accounting
Course Location: Course Date: 21 October 2024
€4710

One week


Financial statement analysis for professional accounting professionals

Financial statement analysis is a critical skill for accounting specialists who want to make informed business decisions. This course is designed to provide accounting specialists with the knowledge and skills necessary to analyze financial statements, evaluate a companys financial health, and make informed business decisions based on financial data.

Objectives

The objectives of this course are to:
Understand the importance of financial statement analysis in making informed business decisions
Interpret financial statements and financial data
Analyze financial statements using common tools and techniques
Evaluate a companys financial health based on financial statements
Make informed business decisions based on financial data

Who Should Attend this Course

This course is designed for accounting specialists who are involved in financial statement analysis, including financial analysts, accounting managers, and financial professionals who are responsible for interpreting and analyzing financial data.

Outline for 5 Days

Day 1: Introduction to Financial Statement Analysis

- Understanding the importance of financial statement analysis in making informed business decisions
- The role of accounting specialists in financial statement analysis
- Types of financial statements and their purpose
- Key financial terms and concepts
- Overview of financial analysis tools and techniques

Day 2: Interpreting Financial Statements and Financial Data

- Understanding the components of financial statements and how they are interrelated
- Reading and interpreting financial statements, including income statements, balance sheets, and cash flow statements
- Analyzing financial data, including revenue, expenses, assets, liabilities, and equity
- Evaluating financial ratios and trends

Day 3: Analyzing Financial Statements using Common Tools and Techniques

- Common financial analysis tools and techniques, including horizontal and vertical analysis
- Analyzing financial statements using ratio analysis, including profitability ratios, liquidity ratios, and solvency ratios
- Understanding limitations and potential errors in financial statements and how to adjust for them
- Interpreting financial data in context of the company and its industry

Day 4: Evaluating a Companys Financial Health

- Evaluating a companys financial health based on financial statements and financial data
- Assessing a companys liquidity, profitability, and solvency
- Understanding the implications of financial analysis on a companys operations, strategy, and risk management
- Developing a financial analysis report and communicating findings to management

Day 5: Making Informed Business Decisions Based on Financial Data

- Understanding how financial analysis supports business decisions
- Using financial data to evaluate business opportunities and risks
- Incorporating financial analysis into decision-making processes
- Best practices for financial analysis and decision-making

Outputs

By the end of this course, participants will:
Understand the importance of financial statement analysis in making informed business decisions
Interpret financial statements and financial data
Analyze financial statements using common tools and techniques
Evaluate a companys financial health based on financial statements
Make informed business decisions based on financial data
Develop a financial analysis report and communicate findings to management
Enhance their knowledge and skills in financial statement analysis and financial data interpretation.

Throughout the course, participants will have the opportunity to work on practical exercises and case studies to apply the concepts and skills they have learned. The course will also include interactive discussions and opportunities for participants to share their experiences and insights.

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