Program overview

This two-day course is designed to explain how financial measures of corporate performance are calculated and used to assess credit worthiness of a business. The course covers the basics of financial statement analysis and enables participants to confidently use financial terminology. This is a highly interactive workshop and a case study will be used to illustrate key learning points.

This two-day course would give opportunities to participants to practice the key learning points on various case studies.

On successful implementation of learning points of case studies would sharpen the skills of participants in evaluating the financial position and performance of a corporate/business.

Program objectives

At the end of the program the participants will learn:

  • How a company’s business and financing activities are reflected in its financial statements
  • The components of financial statements: Balance sheet, profit and loss and cash flow and key notes to the accounts
  • The distinction between cash flow and profits
  • How to measure liquidity, solvency, profitability and activity performance using appropriate ratios.
  • Glossary of common financial terminologies

Course Outline

Financial Statements

  • Sources and quality of disclosure
  • Key accounting concepts and principles
  • IFRS in presentation of company financial statements focusing on the key statements needed for financial analysis:
  • Statement of financial position,
  • Statement of comprehensive income
  • Cash flow statement
  • Statement of changes in equity
  • Auditors’ Notes to the accounts
  • Auditors’ report – Qualified/unqualified

Cash flow analysis

  • Operating activities, Investing activities and Financing activities
  • Cash flow from operations before working capital changes- its importance
  • What is diversion of funds
  • Identifying diversion of funds
  • Internal vs External diversion
  • Correction steps in case of internal and external diversion.
  • Relationship between financial ratios and cash flows

Financial Analysis

  • Accounting for revenue and expenses
  • Capitalized expenses
  • Profit, EBITDA, and Funds from Operations
  • The meaning of net working capital
  • Fixed assets, Intangible assets
  • Depreciation, amortization, depletion
  • Provisions
  • Equity and reserves; revaluation reserves, retained earnings, dividend payments.
  • Spontaneous finance from suppliers
  • Short term and long term borrowings
  • Off balance sheet and contingent liabilities

Ration Analysis & Implication

  • Ratios to assess the liquidity of the business
  • Ratios to assess the solvency of the business
  • Ratios to measure the financial performance
  • Ratios and cash flow measures to assess the efficient use of existing assets
  • Debt service
  • Ratios to assess the capital structure and debt service capability
  • Application: calculate a debt service coverage ratio

Final Case study

The case study will allow participants to apply all the tools of financial analysis to a company to make a balanced assessment of its operational performance and funding structure.

Abu Dhabi National Exhibition Centre

Abu Dhabi National Exhibition Centre

Since last two years My Company is working with Simfotix, and every time it is great learning experience. MS Excel is one of the most recommended Program with distinctive methodology and valuable deliverables.

Etisalat

Etisalat

A very good training by Simfotix on HRBP with their International Partner Human Capital Institute. We covered high level including strategy.

Dubai Islamic Bank

Dubai Islamic Bank

Great training course and materials. Super helpful to learn shortcuts and their best application. Thank you!

Imdaad Group

Imdaad Group

The in-house training met the desired objectives for improvement in the Finance function. Group work throughout the two days and team presentation on various analytics put thing in the focus learning direction. Good output Simfotix.

Finance House Abu Dhabi

Finance House Abu Dhabi

Inhouse Training with Simfotix Training for Credit Transformation Program goes with a Wonderful learning experience of our Credit Risk Team. Looking forward to engage them in other upcoming training.

Abu Dhabi Terminals

Abu Dhabi Terminals

A combination of learning and sharing through activities and self presentations. Learning Art of Public Speaking with Simfotix Training is truly a good experience.

Arab Bank, UAE

Arab Bank, UAE

The session was engaging and informative. Overall program outcome is what we agreed and delivered to department.

Emirates Islamic Bank

Emirates Islamic Bank

Simfotix In-House training is well organized and our team learned lot of new things. We consider this as a value addition and meeting our objectives.

Ministry of Human Resources & Emiratization

Ministry of Human Resources & Emiratization

A very good training we attended with Simfotix Training.

Al Ghurair Group

Al Ghurair Group

Easy way of transferring knowledge makes the learning more digestible. Great work Simfotix for the in-house session of Advance Excel.

MAF Carrefour International

MAF Carrefour International

Thank you Simfotix for a comprehensive and value training to our Saudi Arabia Finance Team. Case Study and exercises were the key element of this workshop. As Learning & Development we are satisfied to work with them in future.

DU Telecom

DU Telecom

Selecting Simfotix as sour training and learning development supplier is a wonderful experience. They have done various inhouse programs. Their trainers carry in-depth knowledge and expertise and kept the participants well engaged.

The Executive Council of Dubai

The Executive Council of Dubai

Simfotix Trainer bear a Persuasive approach in training and the company is professional in the arrangement of training till end to make it a memorable experience. The In-house session and the follow-up session is excellent approach.

Department of Economic Development, Dubai

Department of Economic Development, Dubai

Excellent Training conducted by Simfotix Professional Development. The whole day was full of fun and learning in Advance MS Excel.

Course Materials

It is very important to analyze the need for Training along with the level of knowledge you require. This session give you a liberty to choose the modules you need, discuss it with the trainer how you want to be delivered, decide the place at your convenience and allocate number of hours to solve your problem. This does not include any development as a consulting but will include solution if you are facing a particular problem.