Module 1: Introduction to Financial Statements

·       Purpose of financial statements

·       Key financial statements: balance sheet, income statement, statement of cash flows

·       Understanding the accounting equation

·       Generally Accepted Accounting Principles (GAAP) and IFRS

·       The regulatory environment of financial reporting

·       Practical session: Identifying the key components of a set of financial statements.

Module 2: Profitability Analysis

·       Gross profit margin and operating profit margin

·       Earnings before interest and taxes (EBIT)

·       Return on assets (ROA) and return on equity (ROE)

·       Factors affecting profitability

·       Strategies for improving profitability

·       Practical session: Analyzing the profitability of a company.

Module 3: Liquidity and Working Capital Management

·       Understanding liquidity and working capital

·       Current ratio and quick ratio

·       Inventory turnover and days sales outstanding

·       Cash conversion cycle

·       Strategies for managing working capital

·       Practical session: Assessing the liquidity and working capital of a company.

Module 4: Solvency and Financial Risk

·       Understanding solvency and financial risk

·       Debt-to-equity ratio and debt-to-asset ratio

·       Times interest earned ratio

·       Financial leverage and its impact

·       Assessing credit risk

·       Practical session: Conducting a solvency and financial risk assessment.

Module 5: Cash Flow Analysis

·       Understanding the statement of cash flows

·       Operating, investing, and financing activities

·       Direct and indirect methods of cash flow statement preparation

·       Free cash flow

·       Using cash flow information for decision-making

·       Practical session: Preparing a cash flow statement.

Module 6: Ratio Analysis

·       Types of financial ratios: profitability, liquidity, solvency, efficiency

·       Using ratios to compare companies

·       Common size analysis

·       Limitations of ratio analysis

·       Interpreting ratio analysis results

·       Practical session: Calculating and interpreting key financial ratios.

Module 7: Trend Analysis

·       Identifying trends in financial statements

·       Horizontal and vertical analysis

·       Using trend analysis for forecasting

·       Analyzing changes in financial performance over time

·       Identifying potential red flags

·       Practical session: Conducting a trend analysis of a company's financial statements.

Module 8: Financial Statement Analysis for Investment Decisions

·       Using financial statements to evaluate investment opportunities

·       Valuation techniques: discounted cash flow (DCF), relative valuation

·       Assessing the financial health of a potential investment

·       Understanding key investment ratios

·       Practical session: Evaluating the financial statements of a company for potential investment.

Module 9: Financial Statement Analysis for Performance Management

·       Using financial statements to set performance targets

·       Key Performance Indicators (KPIs)

·       Budgeting and variance analysis

·       Linking financial performance to operational performance

·       Using financial information to motivate employees

·       Practical session: Developing KPIs based on financial statement analysis.

Module 10: Special Topics in Financial Statement Analysis

·       Impact of inflation on financial statements

·       Analysis of consolidated financial statements

·       Accounting for mergers and acquisitions

·       International financial reporting standards (IFRS)  

·       Ethical considerations in financial reporting

·       Practical session: Analyzing the financial statements of a company that has undergone a merger or acquisition.

Requirements:

·       Participants should be reasonably proficient in English.

·       Applicants must live up to Armstrong Global Institute admission criteria.

Terms and Conditions

1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free

2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.

3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.

4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

5. Approval of Course: Our Programs are NITA Approved. Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.

Booking for Training

Simply send an email to the Training Officer on training@armstrongglobalinstitute.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.

Or call us on +254720272325 / +254725012095 / +254724452588

Payment Options

We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

1. Groups of 5 People and Above – Cheque Payments to: Armstrong Global Training & Development Center Limited should be paid in advance, 5 days to the training.

2. Invoice: We can send a bill directly to you or your company.

3. Deposit directly into Bank Account (Account details provided upon request)

Cancellation Policy

1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.

2. Participants may cancel attendance 14 days or more prior to the training commencement date.

3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

Tailor Made Courses

This training course can also be customized for your institution upon request for a minimum of 5 participants. You can have it conducted at our Training Centre or at a convenient location. For further inquiries, please contact us on Tel: +254720272325 / +254725012095 / +254724452588 or Email training@armstrongglobalinstitute.com

Accommodation and Airport Transfer

Accommodation and Airport Transfer is arranged upon request and at extra cost. For reservations contact the Training Officer on Email: training@armstrongglobalinstitute.com or on Tel: +254720272325 / +254725012095 / +254724452588