Financial Statement Analysis and Valuation (Virtual Classroom)

Introduction

This online Financial Analysis training is being delivered live in 4 individual sessions which run on consecutive days. The sessions will run each day from 13:00 – 17:00 London (UK).

This course develops participants’ ability to read financial statements critically, assess their quality and extract useful information for meaningful decision-making. The approach is based on a four-step model:

1. Business Strategy Analysis – understand the company and its competitive environment
2. Accounting Analysis – critically evaluate the financial statements
3. Financial Analysis – understand the financial drivers of the company
4. Prospective Analysis – forecast future expectations and create a valuation

The focus of the course is on using real-world financial statements and undertaking practical activities to operationalise the four-step model. We will demonstrate how Excel can be used to automate various parts of the analyses and provide a model template that participants can use and adapt to their own needs. The focus here is using Excel as a tool, this is not an Excel course; you will be provided with what you need to use.

At the end of this course participants will be able to:

• Undertake simple business strategy analysis to support financial statement analysis and valuation
• Critically read financial statements to assess the quality of information presented
• Produce and analyse financial ratios
• Undertake simple forecasting
• Generate valuations based on financial statement information

Learning Objectives

• Make decisions based on financial statements
• Assess the quality of financial reports
• Analyse financial information
• Produce business valuations based on IFRS financial statements
• Critically review forecasts and valuations undertaken by others
• Utilise a comprehensive spreadsheet that can be adapted to a range of analysis and valuation needs

Who Should Attend

This 16 hour financial statement analysis and valuation course is ideal for accountants and those operating in related fields such as equity analysts, lenders and lawyers, who want to be able to better use financial statements for decision making.

Topics

• Framework for financial statement analysis
  • Explain the role and value of financial statements
  • Describe the framework to be used for financial statement analysis
  • Undertake a simple strategy analysis
• Critically read financial statements to assess the quality of information presented
  • Review the role of accounting standards in producing financial statements
  • Undertake basic accounting analysis
  • Produce standardised financial statements
  • Discuss specific risk areas in accounting
  • Analyse financial statements for risks
  • Practice adjusting standardised financial statements
• Produce and analyse financial ratios
  • Undertake DuPont Analysis to identify key drivers in company financials
  • Analyse ratios and make predictions
• Undertake simple forecasting
  • Identify key drivers of future performance
  • Utilise preceding analyses to develop future expectations
• Generate valuations based on financial statement information
  • Describe the core concepts of valuation theory
  • Produce equity valuations
  • Discuss modifications to valuation approach to support a range of decisions

Teaching Method

• Group live, internet instruction which blends instruction with activities
• Focus on applying learning to real-world analyses
• Use comprehensive spreadsheet tool that supports analysis
• Highly interactive, share insights and knowledge while learning from others
• Opportunities to deepen learning by engaging with activities outside of classroom
• All participants receive comprehensive electronic course notes, including presentation slides, handouts and other course materials
• This virtual training is being delivered live and online over 4 individual sessions, each of 4 hours’ duration. They will run each day from 13:00 – 17:00 London (UK)

Instructors

Venue

CPE/CPD Accreditation

IASeminars is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

 

Field of study: Accounting

Prerequisites

A working knowledge of accounting is expected