Course Details

This course is appropriate for a wide range of professionals but not limited to:

• Financial Analysts
• Accountants and Auditors
• Business Managers and Executives
• Investment Analysts
• Budgeting and Planning Officers
• Anyone involved in financial decision-making

• Expert-led sessions with dynamic visual aids
• Comprehensive course manual to support practical application and reinforcement
• Interactive discussions addressing participants’ real-world projects and challenges
• Insightful case studies and proven best practices to enhance learning

By the end of this course, participants should be able to:

• Interpret and analyze financial statements effectively.
• Understand key accounting principles and their impact on financial results.
• Conduct ratio analysis, cash flow analysis, and trend analysis.
• Evaluate company performance and financial health.
• Make informed business and investment decisions based on financial data.
• Understand budgeting, forecasting, and cost control mechanisms.

DAY 1

Foundations of Accounting and Financial Reporting

• Welcome and Introduction
• Pre-test
• Introduction to Accounting and Financial Management
• The Accounting Equation and Double-Entry System
• Understanding Financial Statements:

• Balance Sheet
• Income Statement
• Cash Flow Statement

• Relationship between the Three Financial Statements
• Accrual vs. Cash Accounting
• Practical Exercise

DAY 2

Financial Statement Analysis

• Objectives and Importance of Financial Analysis
• Vertical and Horizontal Analysis
• Trend Analysis and Common-Size Statements
• Ratio Analysis:

• Liquidity Ratios
• Profitability Ratios
• Efficiency Ratios
• Solvency Ratios

• Case Study

DAY 3

Cash Flow and Working Capital Management

• Understanding the Cash Flow Statement
• Direct vs. Indirect Method
• Cash Flow from Operations, Investing, and Financing Activities
• Importance of Working Capital Management
• Measuring and Improving Cash Flow Efficiency
• Practical Workshop

DAY 4

Budgeting, Forecasting, and Cost Analysis

• The Role of Budgets in Financial Planning
• Types of Budgets: Operating, Capital, and Cash Budgets
• Variance Analysis and Performance Monitoring
• Forecasting Techniques for Financial Planning
• Cost Concepts and Behavior
• Break-even and Contribution Margin Analysis
• Practical Exercise

DAY 5

Advanced Financial Analysis and Decision-Making

• Evaluating Investment Opportunities (NPV, IRR, Payback Period)
• Sensitivity and Scenario Analysis
• Financial Risk Analysis and Mitigation
• Performance Evaluation and Value Creation Metrics (EVA, ROE, ROA)
• Linking Financial Analysis to Strategic Decisions
• Group Case Study
• Review
• Post-test
• Certificate ceremony