Financial Statement Analysis is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity, if applicable. Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization.
In today’s world, finance professionals are challenged with providing management a detailed analysis of the impact of the organization's financial decisions. Therefore, finance professionals need to be skilled at reading through the numbers on the financial statements, analyzing the figures, interpreting the various ratios and presenting this analysis in a dynamic manner. This training takes you from the first step of understanding the relationships between the different elements of financial statements, through calculating and analyzing the financial ratios to the last step of presenting recommendations.
Upon completion of the course, participants will be able to:
• Demonstrate skills in calculating financial ratios & using financial analysis techniques
• Analyze & interpret financial statements effectively
• Use FS to evaluate a firm’s business operations and to predict its future condition