Financial Statement Analysis

Financial statements which mainly include Income Statement, Balance Sheet and Cash Flow Statements, are the basis for analysis for both the equity and credit analysis community.

Join this virtual training conducted by a former senior corporate banker with over 20 years of international experience to learn effective ways of analysing financial statements.

Through theory and case studies on European multinationals, this webinar organised over three sessions, provides participants with a detailed understanding of the financial statements under International Financial Reporting Standard (IFRS), specifically on the following technical topics covering both classification, initial measurement and subsequent valuation:

• Session 1 – P&L 
  • Sales recognition, EBIT and EBITDA
  • Identifying and removing exceptional items from the income statement
• Session 2 – Balance Sheet
  • The cash cycle and operating working capital days
  • Tangible and intangible assets including goodwill
  • Bank debt and bonds
  • Movements in shareholders’ equity
• Session 3 – Cash Flow Statement
  • Operating, investing and financing cash flows

What Will You Learn:

By the end of this course you will: 

• Have an enhanced understanding of the principles and practice of accounting; and the composition and presentation of financial statements
• Understand the main components of the income statement and balance sheet to support the assessment of the sustainability and composition of revenues, profits and solvency of a company.
• Gain an understanding of the main components of the cash flow statement, how these statements are constructed and  the key sources and uses of funds
• Have an awareness of the role of and limitations of financial ratio analysis
• Be able to explain when it may be necessary to make adjustments to the reported figures to better assess economic reality