Powerful Business Tools: Financial Statements

On this intensive course, you will learn by discovery — you will not learn about financial statements in the traditional academic manner, but rather gain an understanding as if you were the person that developed them yourself; from the point of view of a business person wanting answers to everyday questions you may have about your business. This will make understanding new financial and reporting concepts easy, interesting and lasting.

You will have a simple, but clear, picture of the different Financial Reports, with a clear understanding of how they are structured and how they link with each other. You will see how they provide answers to many of the questions you may have about your business and be able to use them with confidence to gain insights about business aspects that may not have crossed your mind. For example, to give you early warning signals of problem areas in your business.

At the end of the course you will ...

• Understand the basis of accounting
• Understand the differences in accounting for different types of organisations
• Understand Financial Reporting, use it and talk about it with confidence
• Gain insight into Financial Reports and how to use the information in support of your management decision making
• Understand some key Business Performance Ratios
• Get a clear picture of how to navigate the vast number of Ratios to gain insight into the health of your business and how to drill down to the root cause of problems