Financial statements and the MD&A section in which they are contained are generally presented in a highly technical language foreign to the average person. These sections are often characterized by dense blocks of copy and lengthy footnotes. For investors lacking formal training in business or accounting, this kind of writing and design is at best difficult, and at worst daunting. It is not that good, useful information is not in the annual report. Rather, this information is often written in a way that makes communication with the average investor difficult. How did annual reports and the financial statements come to be this way? We have prepared this training to make this important financial information more easily understood by the average person (the user).
OBJECTIVE
- Understanding The Philosophy of Accounting and Finance Concept
- Understanding Balance Sheet, Income Statement, Equity Statement and Cash Flow Report
- Understanding the Financial Performance Metrics and interpretation
- Understanding the Auditors’ Report and the related Notes
COURSE OUTLINE
- Consolidated Financial Statements: The key Components
- The Balance Sheet: Assets, Liabilities and Shareholders’ Equity
- The Income Statement: Revenue, COGS, OPEX, EBITDA, Extra Ordinaries, Tax and Net Income
- Analyzing the Balance Sheet
- Analyzing the Income Statement
- The Statement of Changes in Shareholders’ Equity
- The Statement of Cash Flows: Activity, Investing and Financing
- Financial Statement and Business Ratio (Metrics) Analysis
- Interpretation of Financial Statement Analysis (FSA)
