Understanding corporate financial statements course agenda

Welcome and introduction

• Course objectives

Understanding the key financial statements 

• The drivers of financial reporting. Income Statement, Balance Sheet and Cash Flow statements.
• Presentation of accounts. 
• Accounting principles. 
• The value of the auditors’ report.
• Recent updates in accounting practice.

The key issues for the Financial Director 

• Reviewing the footnotes in conjunction with the income statement.
• Segment reporting.
• Analysing the statement of financial position and income statement.
• Operating leases, Off balance sheet items, pension issues.
• Peer analysis and benchmarking.
• The 10 key analytical questions.

12:30 – 1:30 Lunch

Presenting cash flow issues. The structure and content of the cash flow statement 

• How to use the cash flow statement.
• Analysing the cash flow statement.
• The cash flow. 
• Cash flows and benchmarking and peer analysis.

Ratios used in operating performance

• Ratios used in capital structure.
• Interpretation and understanding of ratios.
• Key ratios used by the Rating Agencies and Stock analysts.

 17:00 Close