Schedules Outline

Home / Finance & Budgeting / The 10-Day Advanced Financial Statement Analysis, Accounting & Reporting

Course Schedule

Classroom Sessions:

Date	Venue	Fees
08 - 19 Jul 2024	Amsterdam - The Netherlands	$11,900

Course Description

MODULES

This training course is split into two modules:

MODULE I - Advanced Financial Statements Analysis

MODULE II - Financial Accounting & Reporting

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.

Course Outline

Module 1: Advanced Financial Statements Analysis

DAY 1

Introduction to Advanced Financial Analysis

Why analyse financial data?
Who are the users of Financial Information?
Sources of Financial Information
Published Annual Reports and Accounts – What is their purpose?
The Structure and Contents of an Annual Report and Accounts
Creative Accounting, Financial Scandals, and the Agency Problem
Corporate Governance, Sustainability, Ethics and Corporate and Social Responsibility (CSR) Reporting
The Three Main Financial Statements
- Income Statement
- Balance Sheet
- Statement of Cash Flows

DAY 2

Analysing the Annual Report and Accounts

Using Ratio and Other Analyses of the Annual Report and Accounts to Assess Financial Position and Financial Performance
Profitability and Cost-Volume-Profit (CVP) Analysis
Efficiency and Working Capital
Liquidity and the Short-term Solvency
Investment and Growth
Financial Structure and Long-term Solvency
Ratio Analysis using Excel
Excel Trend Analysis using Common-size Horizontal Analysis and Vertical Analysis for Comparability

DAY 3

Analytical Tools, Cash vs. Profit and the Cash Forecast

The Dupont System of Ratio Analysis and Pyramids of Ratios
Segmental Analysis and Value Added Analysis of the Annual Report and Accounts
The Fundamental Statistical Tools and Graphical Representations
Using Statistical Techniques to Analyse and Forecast Financial Data
The Impact of Alternative Asset Valuation Methods on the Balance Sheet and Profitability
Cash flow vs. Profit – The Best Measure of Financial Performance
Working Capital and the Cash Flow Operating Cycle
Direct and Indirect Cash Flow Analysis and the Cash Flow Forecast

DAY 4

Financing the Business, Capital Investment Project and Business Valuation

Analysis of the Balance Sheet to Identify Long-term Debt and Equity, and Short-term Financing
Capital Cost Models: Cost of Equity using Dividend Growth and Capital Asset Pricing Model (CAPM); Cost of Debt
Weighted Average Cost of Capital (WACC)
Optimal Capital Structure Models to Minimise WACC
Future Values, Present Values, and Discounted Cash Flow (DCF)
Using Net Present Value (NPV), Internal Rate of Return (IRR), Modified Internal Rate of Return (MIRR) and Equivalent Annual Cost (EAC) to Analyse and Evaluate Capital Projects
The Reasons for Business Valuations
Business Valuation Models

DAY 5

Analysing and Predicting Corporate Failure, Business and Financial Risk

Predicting Financial Distress and Corporate Railure – The Altman Z-score Model
Risk and Uncertainty
Risk Analysis using Expected Values, Standard Deviation and Coefficient of Variation
Sensitivity, Simulation, Scenario and Break-even Analysis Techniques
The Analytical Tools to Manage Risk
Systematic Risk, Unsystematic Risk, Business Risk and Financial Risk
Financial Risk– Interest Rate and Foreign Currency Exchange Rate Exposures
Using Insurance, Hedging and Derivatives to Mitigate and Minimise risk

Module 2: Financial Accounting & Reporting

DAY 6

Financial Accounting and Reporting – Business Context and Key Principles

Purpose of financial accounting and reporting
Key principles in corporate governance
Building a winning business model
Key concepts in financial accounting
Structure of financial accounting systems
Fundamentals of financial reporting
Creative accounting, scandals, and fraud

DAY 7

The Statement of Financial Position and Income Statement

The IASB Conceptual Framework
Statement of Financial Position: purpose structure and presentation
Tangible and intangible assets
Financial assets and liabilities
Inventories
Statement of Changes in Equity: purpose structure and presentation
Income Statement: purpose structure and presentation
Revenue recognition principles

DAY 8

The Statement of Cash Flows and Group Reporting

Statement of Cash Flows: purpose structure and presentation
Understanding business cash flow drivers
Equity capital and debt capital
Leases
Optimising working capital
Cash flow forecasting techniques
Group Accounts: purpose structure and presentation

DAY 9

Analysis and Interpretation of Financial Reports

Fundamentals of analysing financial reports
The shareholder value concept
Measuring and managing profitability
Measuring and managing liquidity
The effect of gearing on risk and shareholder value
Predicting corporate distress and failure
Forecasting financial performance and financial position

DAY 10

Designing and Presenting Effective Financial Reports

The limitations of financial reports
Designing effective internal business reports
Incorporating Excel graphics in internal reports
Developing and using business dashboards
Making effective financial presentations
Developments in Integrated Reporting (IR)
Integrated Reports: purpose, structure, and presentation

Certificates

On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance

Providers and Associations

Endorsed Education Provider

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

Options & Brochure

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The 10-Day Advanced Financial Statement Analysis, Accounting & Reporting