Financial Statements and the Analytical Tools

Introduction

Financial statements, income statements, balance sheets, and statements of cash flows are published annually by all organisations. But what do they mean? Are they telling us the truth? How do they enable us to manage our organisations more effectively and more profitably?

This GLOMACS Financial Statements and the Analytical Tools online training course will update and develop your analytical skills by guiding you through the key steps of analysing financial statements, and measuring the performance of your organisation. It’s time to wake up and smell the coffee – financial awareness really is crucial for all non-financial managers as well as accountants and financial managers.

Objectives

By the end of this online training course you will be able to:

• Assess the value of annual reporting and other sources of key financial information through analysis and interpretation of the annual report and accounts
• Identify the agency problem and appreciate the importance of corporate governance, social responsibility and sustainability reporting
• Be familiar with their formats and structures in order to interpret the three key financial statements
• Use the range of tools and techniques to analyse and evaluate the financial position and financial performance
• Critically evaluate the impact on financial position and performance of the subjective nature of accounting policies

Training Methodology

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.