Course Goals of Advanced Financial Declaration Analysis as well as Projecting

• Apply the framework of economic statements evaluation
• Usage ratio and economic evaluation
• Translate company financials as well as industry placement
• Assess the procedure of company evaluation and also evaluation
• Analyze real-life financial declarations from businesses traded on the world
• Prepare monetary evaluation, layout models
• Advanced Financial Declaration Analysis and Projecting Program Describes

Day 1
Required components of financial statement analysis

• Role of financial reporting and analysis

• Core financial statements and the importance of the annual report

• The important role of notes and supplementary information

• Objectives of financial statements audit

• Types of audits

• The financial statement analysis framework

• The accounting cycle

• Financial reporting mechanics

• Relationship, elements, and classification of financial statements

Day 9
Analytical Tools, Cash vs. Profit and the Cash Forecast

• The Dupont System of Ratio Analysis and Pyramids of Ratios

• Segmental Analysis and Value Added Analysis of the Annual Report and Accounts

• The Fundamental Statistical Tools and Graphical Representations

• Using Statistical Techniques to Analyse and Forecast Financial Data

• The Impact of Alternative Asset Valuation Methods on the Balance Sheet and Profitability

• Cash flow vs. Profit – The Best Measure of Financial Performance

• Working Capital and the Cash Flow Operating Cycle

• Direct and Indirect Cash Flow Analysis and the Cash Flow Forecast

Day 8
Cash flow statement forecasting

• Operating cash flows

• Free cash flows to the firm

• Free cash flow to equity

Day 7
Balance sheet forecasting

• Fixed assets

• Working capital

• Retained earnings and dividend policy

Day 6
FINANCIAL FORECASTING TECHNIQUES FOR ANALYSTS

Income statement forecasting

• Revenue

• Cost of sales

• Operating expenses

Day 5
Boosting efficiency in your department

• The 10 must-have Excel tips

• Working with text files

• Looking up records from a database

• Validating data and controlling data input

• Reconciliations and accounts analysis using pivot tables

• Creating management reports and dashboards

Day 4
Mechanisms of financial analysis techniques

• Vertical analysis and strategy: balance sheet and income statement approaches

• Horizontal, trend analysis and growth

• Liquidity analysis:

• Current, quick, and cash ratios, defensive interval, and cash conversion cycle

• Asset management and activity ratios:

• Total and fixed assets turnover

• Solvency analysis:

• Debt, equity, and times interest earned ratios

• Profitability analysis:

• Profit margin, gross margin, return on assets, return on equity

• Market and valuation:

• Price-earnings and earnings-per-share ratios

• DuPont analysis: the three-step and five-step models

• Limitation of ratio analysis

Day 3
An inside look at financial statements

• Income statement components

• The three important components of income statements

• Revenue and expense recognition

• Balance sheet components

• Measurement and classification

• The five important components of a balance sheet

• Statement of changes in owners equity

• Cash flow statement:

• Operating, investing, and financing activities

• Direct versus indirect methods in cash flow preparation

• Reading and interpreting cash flow

• The cash-rich standard

Day 2
Financial reporting standards

• Importance of reporting standards in security analysis and valuation

• The standards-setting bodies

• International Financial Reporting Standards (IFRS) versus Generally Accepted Accounting Principles (GAAP)

Day 10
Financing the Business, Capital Investment Project and Business Valuation

• Analysis of the Balance Sheet to Identify Long-term Debt and Equity, and Short-term Financing

• Capital Cost Models: Cost of Equity using Dividend Growth and Capital Asset Pricing Model (CAPM); Cost of Debt

• Weighted Average Cost of Capital (WACC)

• Optimal Capital Structure Models to Minimise WACC

• Future Values, Present Values, and Discounted Cash Flow (DCF)

• Using Net Present Value (NPV), Internal Rate of Return (IRR), Modified Internal Rate of Return (MIRR) and Equivalent Annual Cost (EAC) to Analyse and Evaluate Capital Projects

• The Reasons for Business Valuations

• Business Valuation Models