Analysis Of Financial Statements

This course will explain the format and content of the three primary financial statements.
It will look at the annual report of a leading listed company and explain the financial information in easy-to-understand language.
It will discuss the importance of accounting policies and their impact on the financial statements.
Time will be devoted to computing and interpreting some key financial ratios.
It will also focus on explaining where the key uncertainties exist in the accounts and give a general awareness of creative accounting techniques and how they may be identified.

What Will I Get Out Of It ?
• understanding of the form and content of a set of financial statements
• ability to compute and interpret some key financial ratios
• understanding of key areas of uncertainty and judgement in the financial statements
• broad understanding of the areas where ‘creative accounting’ techniques may be used.

Key Features
• accounting fundamentals and the analysis framework
• analysing fixed assets including both tangible and intangible categories
• understanding the working capital cycle, cash flow statement, measures of liquidity and analysis of the financing structure of the business
• analysing returns to shareholders utilising both DuPont analysis andEPS calculations and ROCE/ROE.

Who Should Attend ?
All accountants involved in the analysis and interpretation of financial
statements.

Dates And Location
11 May (09.15 – 17.00), London
6 November (09.15 – 17.00), London

Lecturer
David Bowman BSc ACA CFA IMC
Senior Consultant, IDG Limited