Reading & Interpreting Financial Reports

Service Description

Course Outline The course teaches participants how to read and understand the content of financial statements of companies. Anybody who has to make decisions based on financial information must possess the important skill of being able to read and analyze financial accounts. This comprehensive course aims to teach students how to read, comprehend, and analyze financial reports, which are essential for determining the general health of a company. From a managerial standpoint, participants will learn how to evaluate balance sheets, income statements, and statements of cash flows. Course participants will learn how to analyze financial statements in light of global and local economic situations. Participants in the course will learn a variety of analytical methods to find important information for decision-making. This course will emphasize various laws, regulations, and professional standards that have an impact on accounting and finance and, consequently, how financial statements should be interpreted. Course Objectives By the end of the course, participants will be able to: * Identify the key accounting principles and standards that govern financial reporting * Distinguish different types of financial statements * Identify different forms of accounting engagements * Assess the quality of financial reports * Perform quick scan of financial report content * Analyze financial statements using a variety of tools and methods * Ask relevant questions to managers and accountants to improve your insights * Make correct investment and operational decisions based on financial information Target Audience Supervisory board members, managers, compliance officers, credit & lending officers, and staff from any function, entrepreneurs and anyone interested in learning how to read financial reports. Key Topics The key topics covered in the course are: * Accounting cycle * Accounting equation * Financial statements * Audited and non-audited financial reports * Balance sheet * Income statement * Statement of Cash Flows * Accounting principles * Financial statement analysis * Investment decisions * Interpreting financial data Examination * Final Assignment Certification * Certificate of Completion