Analysis And Interpretation

Understanding your Profit & Loss and Balance Sheet 2: Financial ratios and analysis. So you can read your Profit & Loss Statement and Balance Sheet now, but are things really as good (or bad) as they seem? This workshop builds on participants' understanding of financial statements by looking at the trends that unfold over successive periods.

Topics covered include:

• the difference between cash and net profit
• profitability ratios
• examining liquidity
• debtors and stock
• remedial action

Most of the ratios covered in this course can be prepared for you automatically by accounting software, but until now you didn't know what the numbers meant. If you want to be able to monitor your financial situation and diagnose problems before they occur, then this workshop is for you.