Financial Statement Analysis
Course Overview
This course introduces the basic framework of financial statements, and draws upon tools and techniques for a meaningful analysis thereon. It broaches discussion into areas of subjectivity and limitations of the exercise, with guidance on how to enhance utility and raw parameters for reference.
Course Content
- Introduction
- Financial Reporting Mechanics
- Financial Reporting Standards – context
- Understanding Income Statements
- Understanding Balance Sheets
- Understanding Cash Flow Statements
- Financial Analysis Techniques
- Applications
- Accounting Red Flags
Who should attend?
Those who wish to know about the context and utility of financial statements, and of financial analysis. This is a basic level course that would especially benefit those especially who have to use financial statements in the course of resource allocations, but are unaware of mechanics and modalities.
Benefits of Attending
- Introduction into the domain of financial accounting
- Development of themes of financial statement analysis
- Would enable basic and intermediate analysis
- Alerts and educates about the pitfalls of basic analysis
Advanced Financial Statement Analysis
Course Overview
This course will provide Delegates with the ability to interpret corporate financial statements in a meaningful manner, equipping them with practical tools, after elaborating on various frameworks that exist therein. They would be able to assess various components of financial statements and make useful analyses, with a view to valuation or credit analysis etc.
Course Content
- Components of Financial Statements
- Areas of subjectivity, manipulation potential
- Financial analysis tools and techniques - advanced
- Valuation methodologies
- Credit Risk Analysis
Who should attend?
Managers in organizations tasked with making advanced use of financial statements, for better decision-making.
Benefits of Attending
- To consolidate financial and analytical skills in financial statement analysis
- To be able to analyze components of financial statements
- To appreciate and absorb the realms of subjectivity, and incorporate those measures in credit risk analysis.
Advanced Budgeting
Course Overview
It is clear that progressively those who handle financial decision-making spheres need mastery to a considerable extent of budgeting techniques. Budgets have become the focal point for planning, executing and controlling, with organizations striving to streamline this valuable interface. The Budgets must move from an “incremental”, run-of-the-mill exercise to a more proactive, market-based feature that is continuous and performance-oriented.
Course Content
- Business Planning Alignment
- Activity Based Budgeting and Activity Based Costing
- Controlling overheads
- Rolling Forecasts, new versions of Budgeting
- Budgeting for managing intangible assets
- Designing an integrated budgeting mechanism
- Capital Budgeting and Capital Investment
- Shareholder Funds and other Ratios
- Streamlining the process
Who should attend?
Finance professionals who are involved in a senior capacity in financial decision-making and budgeting process.
Benefits of Attending
- To identify key elements of effective budgeting and forecasting methodologies
- To assess how changes can be made to existing methodologies within own organization
- To gain insight into new evolving methodologies of Budgeting, to remain a step ahead of the competitors.
Cost Control and Management – Tools and Techniques
Course Overview
Cost control and management are key features that require managerial attention. Reviewing and planning the flow of costs within the organization, ability to track the data and make right use of it, are valuable techniques that need to be learnt. This course will explore costing from a basic to middling level with emphasis on cost identification and behavior, its classifications and the uses to made thereof. This will then flow into elements of cost control.
Course Content
- Cost components, elements
- Cost accumulation and reporting
- Cost Classifications
- Cost Reports and decision-making
- Identifying Cost control measures
- Budgets and Standards – setting imperatives
- Master Budget – components and drafting
- Rolling Budgets
Who should attend?
Those interested in gaining understanding of basics of costing and Budgeting, with a view to controlling costs or tracking the flow of resources within their organization.
Benefits of Attending
- Detailed introduction to Costing and Budgeting
- Understand better the nature of costs and their classifications
Introduction to Budgeting Techniques
Aligning Budgeting with Strategy
Course Overview
This course provides the delegates with the required details regarding alignment of budgeting with business strategy. Techniques such as Value Based Budgeting, Assets Based Budgeting and KPI Budgeting will be explored. At the end of the course, the delegates would be in a strong position to assess which of the techniques will be most beneficial for their organization, providing them with knowledge on how to implement the same.
Course Content
- The Business Case – Strategic Management
- Need for Aligning Budgeting with Strategy
- Assessment of existing budgeting systems in own organization
- Modern Budgetary Applications – Introduction
- Zero Based Budgeting
- Value Based Budgeting
- Activity Based Management
- Activity Based Budgeting
- Rolling Forecasts
- Beyond the realms of Budgeting
Who should attend?
Managers who seek improvement into their organization’s existing budget formulation techniques, and who are willing to explore new ways to enhance the practice.
Benefits of Attending
- Insight into evolving budgetary techniques
- Better assessment of existing budgetary applications
- Be able to assess applicability of new techniques to own organization
Be able to design application of new identified techniques
Finance for Non-Finance Managers
Course Overview
All corporate professionals in today’s world needs a clear appreciation of how financial resources are raised, deployed, monitored, controlled and evaluated against benchmarks, in order to create shareholder value. Unless the managers not directly in finance division are comfortable with the mechanics financial domain work, the organization stands at a competitive disadvantage. This course introduces the spheres of financial and management accounting at a higher level from a manager’s direct viewpoint, and takes them into the domains of finance.
Course Content
Accounting and Finance – Introduction, Relevance to today’s world
- Framework of Accounting
- Financial and Management Accounting – Components and Differentials
- Assessment of Financial Statements - Ratio Analysis
- Budgeting – Creation and mechanics
- Creating Value – How to assess success for the shareholder?
- Financing Avenues – Debt or Equity
- Investment Appraisal Techniques
- Working Capital Management
Who should attend?
Managers who are not in the Accounting and Finance domains directly, but naturally have to interact and collaborate in various dimensions and capacity within the organization. This Course will greatly benefit those rising stars moving into roes involving higher level of financial frameworks capabilities, as well as managers who simply want models to plan and assess their team performances.
Benefits of Attending
- Obtaining good coverage into financial jargon and the inter-linkages.
- Gaining insight into mechanics and utility of financial statements, Managerial accounting and Finance.
- Introduction to, and practice on the tools deployed by management to report results, and to evaluate investment opportunities.
- Gain appreciation of ways to enhance working capital management function.
Senior Executive Finance
Course Overview
This course presumes basic understanding of Finance. IT delves into the areas of financing, investment and working capital management to drive value for the organization. Case studies are deployed to give real-life practice feel for the conundrums organizations face and how the perceptive managers maneuver to find the right financial solutions.
Course Content
The Value Proposition
- Debt or Equity – what is right for my company?
- Investment Appraisal analyzed in detail
- Working Capital Management Applications
Who should attend?
Senior managers and other top executives who deal with matters critical to the organization in the domain of accounting and finance. This encompasses financial managers, controllers and directors.
Benefits of Attending
Through well-chosen Case Studies, the delegates would vastly benefit from getting conversant with topical issues and how successful managers who know well the resources of the organization and the external environment handle them deftly. Insight into the pitfalls of inappropriate strategies and how to identify the issue areas.
Financial Modeling Using Excel
Course Overview
Getting adept in financial modeling through Excel is a feature every manager can benefit from. This course features introduction and hands-on experience of Excel models, along with introduction and application of components of financial statements and budgets, to enable the managers to design and work with tailored applications for their day-to-day use.
Course Content
- Introduction to Financial Modeling and financial planning
- Getting comfortable with Excel
- Making Excel applications
- Financial Statements components
- Budgets and their components, with linkages
- Creating operational Budgets
- Cash flow Budgeting
- Sensitivity Analysis
- Scenario Planning
- Using Excel for Investment Appraisals
Who should attend?
Business and finance professionals who use Excel in their work, or feel the need to employ Excel skills and financial modeling skills.
Benefits of Attending
- Becoming more proficient in using Excel
- Gain a better understanding into the framework and dynamics of financial statements and Budgets
- Enable delegates to be able to evaluate investment projects for financial feasibility, given scenario analysis and sensitivity work.
Introduction to IFRS
Course Overview
IFRSs are gaining more traction with the passage of time, and an understanding of its Framework and more relevant Standards would enable the financial manager to appreciate the preferred and the alternative accounting treatments prescribed and the areas of subjectivity left.
Course Content
- IFRS – the Need
- Conceptual Framework
- Main differences with US GAAP
- Financial Statements Presentation
- Accounting for Revenue Recognition
- Accounting for Inventories
- Tangible and Intangible Assets
- Accounting for Liabilities, provisions and contingencies
- Debt / Equity Classifications
- Accounting for Fair Values and Impairment
- Harmonization with US GAAP – the way ahead
Who should attend?
Professionals who desire to understand the rationale, need and applications regarding IFRSs.
Benefits of Attending:
- To understand the Conceptual Framework, and how standard setting regime works
To appreciate better the standpoints of IFRSs and how they are different from US GAAP