Financial Statement Analysis

Complete Seminar Details

You’ll learn ...

• How to understand he specialized language of finance—vital terms like sales, revenue, costs, income, profits and more
• To get a firm grip on your company´s lifeblood—cash flow
• How to quickly scan a financial report and pick out the numbers that matter
• How to detect variances while there´s still time to take corrective action
• And much more!

When complete and well-prepared, financial statements contain an incredible amount of timely and revealing information about a business´s financial health: Its strengths, vulnerabilities and challenges ... whether or not it´s on track ... if it´s really making money. Few decision-makers fully understand financial statements, but those who do hold the power. Do you want to play a more significant, meaningful role in the future direction of your organization ... and position it for long-term growth and profitability? This comprehensive workshop shows you how by simplifying the principles, tools and practices for interpreting and using financial statements. Enroll today!

WORKSHOP AGENDA

Essential concepts underlying the financial analysis process

• What financial statements are and what they´re really supposed to tell us
• The sources of reliable, well-prepared financial data
• How understanding the rules of GAAP will save you time, frustration and embarrassment
• Essential financial terms you absolutely need to know
• The components of a healthy bottom line
• The most serious limitation of financial statements
• A step-by-step guide to analyzing a financial statement
• The guiding principles underlying good financial reporting
• 7 characteristics of a well-prepared financial statement

Key measurement tools, ratios and indicators

• 4 useful ratios and what they tell you
• How to recognize warning signals early on—before a crisis occurs
• The hows and whys of trend analysis
• How the easily calculated return on assets and return on equity give you a good idea
• Your debt-to-equity ratio—what lenders want to see
• Using the price-earnings ratio to compare stock values
• The relationship between earnings and stock returns
• What interest coverage and payment coverage ratios say
• Avoid confusion surrounding quick and current ratios for liquidity analysis

The Balance Sheet—a snapshot of your financial health

• What goes into working capital and how it can increase and decrease during the normal course of business
• How valuing assets can be tricky
• How days in accounts payable can upset the delicate balance of your operating cycle
• Important things the Balance Sheet—all by itself—can tell you
• The relationship between days sales outstanding and operating efficiency
• Inventory turns—when to know you´re headed for trouble
• Sorting through the Balance Sheet: Assets, liabilities and equity
• The role of the Z score in predicting bankruptcy
• What goes into the valuation of a business
• Extended payment terms—could they be artificially inflating your revenue and profits?
• Critical information sometimes hidden in footnotes—read them!
• Ways the Balance Sheet can misrepresent—and mislead
• Examine the cash operating system underlying your Balance Sheet

The Income Statement—your measure of financial performance over time

• Deciphering the components of the Income Statement
• Activity-based accounting—a different way to look at results
• The rules for smart break-even analysis
• Overcoming the limited insight the Income Statement provides into operating leverage
• Using common-size statements for variance analysis
• What the Income Statement tells you about your business—and what it leaves out
• When using EBITDA as an earnings measure is most relevant
• The DuPont Formula—the questions it answers and the new ones it raises
• The danger in accepting reported revenues at face value
• Issues in recognizing revenue that could trip you up

The Statement of Cash Flows—the lifeblood of your business

• An overview of the GAAP Statement of Cash Flows
• What the purpose of the cash flows statement really is
• Types of cash flows
• The cash flows forecast—don´t make a purchasing or personnel decision without one
• The key test of cash flows health
• The difference between direct and indirect cash flows statements
• When to factor in the Time Value of Money
• Cash management tools your lender can supply to keep you on track

Sponsor Background:

SKILLPATH GUARANTEES RESULTS If you're not happy, SkillPath is not happy. Go back to work and apply the new techniques you learned in any of SkillPath's seminars. If you're not absolutely delighted with the results you achieve, write to them right away. They will issue you a refund or arrange for you to attend another SkillPath seminar without paying another penny. That's the SkillPath Guarantee!

Cancellation Policy: Cancellations received up to five business days before the workshop are refundable, minus a registration service charge, which you may apply toward any future workshop. After that, cancellations are subject to the entire workshop fee, which you may also apply toward a future workshop. Please note that if you don’t cancel and don’t attend, you are still responsible for payment. Substitutions may be made at any time.