Interpreting Financial Statements
Financial statements provide the basis for many business decisions and are the primary means for conveying information about a company’s financial position to the outside world. Therefore, being able to read and interpret financial statements is an essential skill.
Programme Overview
Financial statements provide the basis for many business decisions and are the primary means for conveying information about a company’s financial position to the outside world. Therefore, being able to read and interpret financial statements is an essential skill. However, financial statements can be complex and confounding for most people without the necessary training. This course is designed to remove the mystery surrounding financial statements and is tailored for people with little financial training, making it both enjoyable and easy to understand.
Objectives
- Understand the changes to the new financial statements.
- Interpret financial statements with confidence.
- Read between the lines of financial documents.
- Use financial statements to predict the future prospects of a company.
- Identify potential problems and plan for overcoming them.
- Understand the regulatory framework governing financial statement preparation.
- Analyze financial performance using accounting ratios.
Who Should Attend
This course is ideal for Heads of Department (HODs), Managers, Executives, and finance-related professionals who wish to enhance their understanding of financial statements.
Methodology
The training will include the following methodologies:
Hands-on exercises
Group discussions
Case studies
Interactive storytelling
Commentary on other companies/industries