Classification in Operating Expenses within Financial Statements
Finance & Accounting · 5 Days · Public · Al-Khobraa certified · From USD 3,900
Overview
This interactive course will develop your skills in analyzing business activities. It will guide you through the key steps of analyzing financial statements, appraising new investments, and measuring performance at all levels of your organization. It will develop your ability to generate growth and improve profitability, as well as pinpoint problem areas for remedial action. Over the five modules delegates will acquire skills and technical knowledge which will enable them to manage more effectively.
Learning Objectives
Read and understand their organization’s Annual Financial Report
Evaluate their firm's financial performance
Understand and use analytical tools and techniques in practical case-study situations.
Use analytical techniques to project future performance.
Make critical judgments of accounting policies when evaluating company performance
Appreciate the importance of new investments in maintaining growth and competitiveness. Improve their management skills and increase their value to the organization
Who Should Attend
This course is designed for professionals, controllers and treasurers, accountants, and other professionals seeking to strengthen their capability in this area.
Professionals
Controllers and treasurers
Accountants
Project managers
Budget analysts Any other managers
Course Outline
Day 1 — Introduction to Advanced Financial Analysis Who are the users of financial data?
What types of financial information are available to each user group?
The published Annual Financial Report (AFR) – what is its purpose?
The structure and contents of an AFR – comparison of UAE, UK, and US versions the non-financial elements of the AFR – how important are these?
Understanding the three main financial statements: Income Statement, Balance Sheet, and Cash flow Statement.
Day 2 — Understanding and Analyzing the AFR Why do we need to analyze the AFR?
Using common-size analysis to improve comparability Calculating trends and growth patterns Using Ratio Analysis to assess five key aspects of company performance:
Profitability Liquidity Efficiency and Working Capital Management Financing Structure and Risk Investment Performance and Potential Case Study on analysis and interpretation of company performance
Day 3 — Analytical tools and how to analyze the Cash flow Statement Introduction to Excel tools for analyzing financial statements.
Setting up spreadsheets for common-sizing and ratio analysis Using statistical tools mean, standard deviation, regression analysis. Using graphical representation. How to access data and analysis from Bloomberg and Yahoo! Finance.
Why do we need the Cash flow Statement?
Key ratios we can calculate from the Cash flow Statement.
How to use current cash flow information to forecast future revenues and profits
Day 4 — Financing the Business and Valuing the Business…
Why do we need to value a business?
Business valuation models: Net Asset value
balance sheet, replacement cost, or realizable value Price/Earnings ratio value Dividend growth value Present value of future free cash flows Case study on valuing a business
Day 5 — Identifying creative accounting and forecasting future failure what is creative accounting?
Who benefits from creative accounting?
How does creative accounting work?
Some illustrative examples. Creative accounting scandals
Enron, WorldCom, Parma at the symptoms of financial distress
Accreditation
Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.
What do Al-Khobraa finance and accounting courses cover?
The portfolio covers IFRS (International Financial Reporting Standards) and IPSAS, financial analysis and reporting, budgeting and forecasting, cost and management accounting, accounts payable and receivable, internal controls and audit, and finance for non-finance managers.
Who should attend a finance and accounting course?
These courses suit accountants and financial analysts, finance managers and controllers, budgeting and planning staff, internal auditors, accounts payable and receivable teams, and non-financial managers who own a budget or read financial statements.
How long are finance and accounting courses, and where are they held?
Most Al-Khobraa finance and accounting courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.
What certificate will I receive?
Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.
Can finance and accounting training be delivered in-house for our team?
Yes. Any Al-Khobraa finance and accounting course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.