Understanding Business Performance Through Financial Statements

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Private Class from

3400/day

(2 Days)

BENEFITS

Upon completion of this programme, participants will be able to:

  • Explain the role and nature of accounting
  • Explain the nature and purpose of financial statements
  • Explain the main accounting conventions underpinning the financial statements
  • Interpret the quantitative and qualitative information contained in the financial statements
  • Identify and calculate the major categories of ratios used for analysis purposes
  • Discuss the limitations of ratios as a tool of financial analysis
  • Critically examine and appreciate the limitations of the financial statements

INTRODUCTION

The program provides a ‘broad-based’ foundation to accounting and financial reporting, for those who need to acquire an understanding of the main concepts and the practical application in decision-making, with or without in-depth theoretical or technical knowledge and details with regards to measurement, recognition, preparation, presentation, disclosure of financial and non-financial information in the form of financial statements. The program has been tailored primarily for non-accounting and non-finance managers, executives and specialists, who have business, economics, human resources, marketing or engineering background, but need an understanding of financial statements.


AUDIENCE

This program is suitable for Directors, Managers, Decision Makers, Accounts Executives, and Any executive related to financial aspects in an organization.


METHODOLOGY

This stimulating program will maximize the understanding and learning through Lectures, Slides Presentations, Examples, Case Studies and Participants’ Interaction.

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NATURE AND ROLE OF ACCOUNTING
  • Accounting As An Information System
  • Accounting As A Service Function
  • Users And Their Need For/Of Accounting Information
  • Business Objectives
  • Generally Accepted Accounting Principles And Standards (MFRS)
FINANCIAL STATEMENTS
  • The Statement Of Financial Position [Balance Sheet]
  • The Statement Of Comprehensive Income [Income Statement]
  • The Statement Of Changes In Equity
  • The Statement Of Cash Flow
  • Explanatory Notes
ANALYSIS AND INTERPRETATION OF FINANCIAL STATEMENTS
  • Financial Ratios – (Needs, Classification, Key Steps In Ratio Analysis)
  • Profitability Ratios
  • Efficiency Ratios
  • Liquidity Ratios
  • Gearing Ratios
  • Investment Ratios
  • Trend Analysis
  • Ratios And Prediction Models
  • Limitations Of Ratio Analysis
  • Altman’s Z-Score

Trainers