This course aims to provide participants with a thorough understanding of how to perform advanced analysis on financial statement. This course brings together the key elements of financial statement analysis to help participants develop their skills in this area and enable them to ask the right questions to really get under the skin and see the real risks facing businesses and investors in these challenging times. The reference reporting framework used will be IFRS.
During the course, participants also gain an insight into how to interpret warning signals in financial statement and identify many of the creative accounting techniques used by companies.
Duration: Two days
Date: 12-13 Aug 2017, 9am to 5pm
- Investalks Student: RM680.00
- Public: RM750.00
- Bank in
- Bank: Maybank
- Account No.: 514383562062
- Account Name: Ivestalks Enterprise
- Send the payment receipt to firstname.lastname@example.org or Whatsapp to +6016-773 9114
Super Space, No. 1-2, Jalan PJS8/10, Dataran Mentari,, Bandar Sunway, 46150 Petaling Jaya, Selangor, Malaysia
Pre-course work: There is no pre-course work.
Class size: The recommended class size is a maximum of 15 participants. This is so that each participant can obtain sufficient one-on-one attention and support from the course instructor.
Medium of Teaching: By default, English unless all students can comprehend Mandarin and agree to use Mandarin in class.
Laptop: Participants should either bring a laptop computer or tablet, so they can take part in the hands-on exercises. The laptop or tablet should have software to view Microsoft Excel files and PDF files.
The course is highly interactive, comprising of a mix of theory, group discussions, instructor-led demonstrations and Excel-based exercises for participants to undertake.
Participants are provided with a comprehensive training pack. These will be used during the course and will serve as valuable reference material following the course should participants wish to refresh their skills at a later date.
The course is designed to cover the following key objectives:
- Interpret financial statements for their effectiveness, relevance, and vulnerabilities.
- Analyse the impact of certain financial statement choices on key financial ratios.
- Anticipate and detect deteriorating cash flow quality.
- Identify some of the sensitive areas of reporting.
- Identify many of the creative accounting techniques used by companies.
The course is ideal for those need to assess the financial risk of businesses, or to analyse and understand financial statements in more depth.
Program Level: Advanced
Prerequisites: As an “advanced” course, a reasonable grounding in the fundamental concepts of financial accounting and some experience of having carried out or reviewed financial analysis will be assumed. Participants are expected to understand concepts such how the key financial statements (Profit and Loss, Balance Sheet and Cash Flow Statement) link together, how they are structured, how to analyse financial statements using simple ratios and accounting principles such as accruals and provisions.
Module 1: Important Features in Financial Statements
- Recap important concepts in Income Statement, Balance Sheet and Cash Flow Statement
- Recap how items in three financial statements linking to each other
Module 2: Financial Ratio Analysis
- Profitability and investment ratios
- Cash flow and working capital Analysis
- Financing and gearing ratios
- Improve your financial key ratios analysis
- Principles of financial key ratios design
This session assumes a sound grasp of fundamental finance concepts and analysis. Although the analysis will be structured around key aspects such as “Liquidity” and “Gearing”, these principles are assumed to be familiar to participants, thereby enabling this session to focus on analysis and interpretation rather than definition and calculation.
Module 3: Advanced Accounting Items
- Revenue Recognition
- Business Combination and Equity Investment
- Intangible Assets and Goodwill
- Financial Instruments
- Derivatives and Hedging
- Deferred Taxation
Module 4: Warning Signals and Creative Accounting
- Early warning signs of working capital
- Warning signals in financial statements
- Creative accounting