Description

What is a Balance Sheet, how does it compare to an Income Statement or a Cash Flow Statement? How did your business perform last year? What’s the trend over the last three to five years? How can this information help you identify the key things you need to focus on in the upcoming year?

Accounting and finance are supposed to be the international language of business. If so, then why do we struggle so much to make sense of the numbers? Are we so busy managing our business and leading our staff, that we don’t have time to wade through the financials, discover the trends, draw proper conclusions and take appropriate action? What if our peers, or worse, our competition, understand our numbers better than we do?

In just 90 minutes, Miles Hutchinson, experienced CGMA (Chartered Global Management Accountant) and business adviser, will explain how to frame these questions with clear answers and quickly and thoroughly analyze the financial condition and results of operations of any organization. Use his proven model to quickly assess the financial condition and results of operations of any business using trend and ratio analysis.

Agenda

Explain the purpose of the key financial statements: Income Statement Statement of Retained Earnings Balance Sheet Statement of Cash Flow Review the components of an annual report of a publicly traded company and learn how to use this wealth of information

Explain how the annual report can be used to perform a fundamental financial analysis

Learn the various types of financial analysis and their purpose

Learn the key ratios to evaluate a company’s liquidity, leverage and operating performance

Identify the key benchmarks to help determine whether a company’s ratios are in line with competitors

Understand horizontal and vertical analysis and how they can be used to identify key trends

Receive references to sources that provide benchmark information to use in determining the quality of your organization’s financial reports

Learn about resources available to perform comparative studies between companies in the same economic sector – even private companies