Financial Statements and Analysis Overview/Description Target Audience Expected Duration Lesson Objectives Course Number Overview/Description
Financial statements are the most important vehicles organisations use to report their performance and financial condition to investors and lenders. By understanding them, non-financial managers can gain insight into senior management's thinking. This course will provide a foundation for reading and analysing the three key financial reports prepared by most organisations.
Target Audience
Non-financial managers at all levels
Expected Duration (hours)
2.5
Lesson Objectives The Balance Sheet
recognise the value of a balance sheet.
match the key categories of assets reported on a balance sheet to different examples.
select the types of liabilities reported on a balance sheet.
categorise the key information reported on a balance sheet appropriately as assets, liabilities or equity.
The Income Statement
recognise the value of the income statement.
identify the key elements in calculating gross profit on an income statement.
select the key elements in calculating net income after tax on an income statement.
select the correct earnings per share calculation, given the appropriate financial information.
The Cash Flow Statement
recognise the value of a cash flow statement.
select the activities generally reported on a cash flow statement.
select the indicators of "sources of funds" on a cash flow statement.
identify the indicators of "uses of funds" on a cash flow statement.
Basic Financial Report Analysis and Ratios
recognise the benefit of ratio analysis.
identify the meaning of liquidity ratios.
select the key elements used to calculate the debt ratio and the debt-to-equity ratio.
match the profitability ratio to its appropriate calculation.
Course Number: FIN8144