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Finance, Risk Management & Compliance> Analysing Financial Statements

Overview

The prediction and evaluation of a firm's financial indicators has, since time immemorial, known to be an extremely difficult task. The Financial Analysis Program offered by AcademyGlobal, reviews the latest proven analytical tools and helps its participants develop a keen understanding of "how" and "when" to use them , to their firm's advantage . It also provides an insight on how to master the latest techniques and fundamental drivers that can dramatically increase the value of the firm.

Who Should Attend

This program is designed for managers with financial responsibility or those seeking a refresher in analysis-including financial analysts, accountants, project managers, budget analysts, vice presidents of finance, controllers and treasurers.

How You Will Benefit

Participants will:

• Learn concrete techniques that enable management to make truly informed decisions
• Improve their company's profit picture and your stockholders' investment
• Keep on top of their firm's financial situation
• Increase their own value to their organisation (40-70 words)

What You Will Cover
Nature and Objective of Financial Analysis

The Planning Cycle

• Basic steps
• Strategic vs. operating plan
• Why financial analysis is required in every step of the cycle

The Income Statement and the Balance Sheet

• Format of a typical income statement
• How the income statement tracks trends and benchmarks profit performance
• Understanding each line item in the balance sheet

Analysing Capital

• Calculate a company's total capital
• The concept of leverage
• Bond ratings and how they influence capital management

Creating Shareholder Value

• What is meant by "creating value" in an organisation?
• Calculating pre- and after-tax cost of debt, cost of equity, weighted average cost of capital (WACC), economic value added (EVA®) *Value Line®
• Understanding company information presented on the Value Line page
• How financial analysts use the numbers to reach conclusions about a company

Accrual Performance Indicators

• How growth rates indicate performance
• What the various ratios mean and how they are used
• Calculating profitability, liquidity and solvency ratios

The Time Value of Money

• How interest is calculated
• Calculating compound growth rates, annuities, net present value, internal rate of return, perpetuities

Cash Flow

• How cash flow is used to value companies
• Defining cash flow from operating, investing and financing activities
• The statement of cash flows
• Capital Project Evaluation
• Mergers and Acquisitions
• Leasing