The British Academy for Training and Development offers a professional training course in Advanced Financial Analysis Management. This course covers the elements of balance sheet analysis. This enables participants to ask the right questions, recognize the real risks facing companies and investors, feel confident in their ability to comment on business activities and results, and analyse the financial health of management. These skills and the necessary technical knowledge are put into practice throughout the course through interactive examples and case studies, putting theory and techniques into context. The course is provided by a team of internationally experienced Financial group. 

Who should attend? 

• Chief accountants.
• Accounting managers.
• Senior accountants.
• Finance directors.
• Finance managers.
• Financial analysts.
• Financial controllers.
• Financial accounts managers.
• Heads of finance departments.
• Credit controllers.
• Corporate financiers.
• Credit risk analysts.
• Bankers, and relationship managers.

How attendees will benefit? 

After completion of the course, delegates will understand: 

• Name and distinguish the key components of basic qualifications.
• Describe financial statement metrics and design Excel spreadsheets and charts for financial statement analysis.
• Evaluate the quality of financial reporting and assess the quality of reported earnings and cash flows.
• Analyse a company's financial performance over a period of time and draw conclusions about its sustainability.
• Forecast financial statements based on analysis of a company's past performance.

Introduction to Advanced Financial Analysis:

• Financial data users.
• Content of financial statements.
• Non-financial elements of the annual financial report.
• Income statement, balance sheet and cash flow statement.

Basics of Industry Analysis and Analysing Ratios Using Excel:

• Top-down approach for analysis.
• Macroeconomic factors for assessing country exposure.
• Indicators of GDP, unemployment rates, inflation and interest rates.
• Deficit-to-GDP, debt-to-GDP and GDP growth rates.
• Michael Porter's five powers shaping an industry's long term profitability.
• Common, joint size analysis to improve comparability.
• Calculate trends and growth patterns.
• Key figure analysis to assess key aspects of company performance.
• Profitability.
• Liquidity.
• Efficiency and working capital management.
• Financing structure and risk.
• Graphical representation.

Financial Cosmetics and Creative Accounting:

• Signals to read from inventory balances.
• LIFO liquidation technique.
• Net realizable value of inventories.
• Capitalization and expenditure of costs affecting trades and indicators.
• Interest capitalization.
• Capitalization of R&D expenses.
• Depreciation methods on financial statements.
• Impairments of business units and business segments.
• Revaluation of long-term assets.
• Operating lease or finance lease.
• Vehicles for balance sheet manipulation.

Assessing Quality of Financial Reports:

• Framework for assessing a company's quality of corporate financial reports.
• Potential issues affecting the quality of financial reports.
• Evaluating the earnings quality of a company.
• Assessing the company's cash flow quality.
• Indicators of balance sheet quality.
• Sources of information about risk.

Financial Forecasting Techniques for Analysts:

• Revenue forecasting: bottom up vs top down.