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Executive Education- General and Financial Management
- Financial Statement Analysis
Financial Statement Analysis For The Non-Accountant
This course provides a basic understanding of financial statements and an appreciation for the use of key financial analysis tools. Participants are not expected to have any formal accounting experience.
This course qualifies towards the following certificate(s):
- Executive General Management
- Executive Development
Special Features
There will be discussion on "earnings management" and "aggressive financial reporting," and how companies such as Enron and WorldCom used these techniques to manipulate their financial statements. You will also learn how to uncover some of these irregularities in financial statements.
Takeaways
Attending this course will enable you to:
- expand your knowledge about generally accepted accounting principles
- gain a basic understanding of various financial statements
- appreciate the uses of key financial analysis tools
- understand the relationships between investment, operational and financing decisions
- learn the danger signals to look for when assessing viability
- understand the difference between cash flows and accounting profits
- recognize the limitations of financial statements
- improve your ability to communicate with accounting and financial professionals
- be able to interpret key financial figures and their impact on your business
- better comprehend financial information seen in the media
Course Content
- Content and format of financial statements: accounting standards, current issues
- Making sense of individual statements: the balance sheet, income statement/retained earnings, cash flow statements, notes to statements
- Analyzing statements: ratio analysis, common size analysis, comparisons with other firms/industries or over time
