Financial Analysis Training for Beginners

Prerequisites

You must have a solid understanding of the principles of accounting and the preparation of financial statements, or have completed the “Finance for Non-Financial Professionals – Level 1” [FHGEFI] course .

Objectives

◗ Understand how financial statements work.

◗ Identify the effects of restatements and accounting choices.

◗ Use the concepts and tools needed to conduct a financial analysis.

◗ Assess a company's financial performance.

Training program

◗ Discover the objectives of financial analysis

– What financial statement analysis can (and cannot) reveal
– A comprehensive approach: performance, balance, and solvency
– The link between strategy, key metrics, and financial statement structure
– Components of financial statements: balance sheet, income statement, cash flow statement, and notes to the financial statements
✔ UNDERSTAND | Brainstorming: What are the main objectives of financial analysis?
✔ UNDERSTANDING | Brainstorming: What do financial statements contain?
✔ APPLICATION | Case Study: Structure of Financial Statements

◗ Assess the company's financial equilibrium

– Overview of the financial cycle
– Financial balance: Working Capital, Working Capital Requirements, Cash Flow
– Interpreting signs of imbalance: trends, pressure, risks
✔ APPLY | Practical exercises: analysis of several tax returns

◗ Understanding the main financial ratios

– Types of Ratios: Profitability, Solvency, Liquidity, Turnover
– Critical Interpretation and Sector-Specific Analysis
– Review of Interim Financial Statements (SIG)
– Analysis of Operating Income: EBE, EBITDA, EBIT
– Self-Financing: Cash Generation Capacity, Cash Flow, Free Cash Flow
✔ UNDERSTAND | Brainstorming: What are financial ratios used for?
✔ APPLY | Case Study: Breaking down profitability ratios—the relationship between balance sheet, turnover, and profitability ratios
✔ APPLY | Case Studies: Analysis of several tax returns
✔ UNDERSTAND | Summary table of financial ratios by category

◗ Understanding the impact of consolidation and accounting options

– Characteristics and Limitations of Accounting
– Individual (Company) Financial Statements or Consolidated Financial Statements?
– Key Issues and Points to Watch for When Analyzing Consolidated Financial Statements
• Analysis of the Scope of Consolidation
• Impact of Consolidation Methods
• Intra-group Restatements and Eliminations
– Accounting options and their impact on financial statements: leases, liabilities, employee benefit obligations, etc.
– The principles of window dressing
✔ APPLY | Case study: Impact of the choice of consolidation method
✔ APPLY | Case study: Restatement for window dressing
✔ UNDERSTAND | Summary table: Consolidation methods and accounting impacts

◗ Analyze the company's operations through its cash flows

– Distinguish between operating, investing, and financing cash flows
– Identify relevant information about the company’s operations
✔ APPLY | Practical exercise: Reconstruct a cash flow statement from a tax return

◗ Measure the impact of debt on leverage

Why choose this course?

Financial statements are a valuable source of information about companies… as long as you know how to read them!

This training course helps you understand the key financial ratios and the purpose of each financial statement. It puts profitability, solvency, and liquidity analysis into perspective. In two days, you’ll be able to independently conduct an initial financial analysis.

Teaching and assessment methods

Before the training: Submit your expectations via your online portal 15 days before the training begins and complete a self-assessment of your skills.

Teaching Methods: A variety of teaching methods to cater to different learning styles, encourage active participation, and reinforce learning through experimentation and practice.

Educational materials: presentation materials, reference materials (summary sheets, tables, etc.), and other resources available in your account.

During the training: theoretical concepts are alternated with examples drawn from real-life cases. Participants are given the opportunity to engage in role-playing exercises. Numerous practical exercises allow participants to demonstrate their mastery of the skills as the training progresses.

Training monitoring and evaluation: attendance sheet and certificate of completion. Immediate and post-training evaluations conducted using the LearnEval platform.

Price

1,860 EXCL.

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Beginner financial analysis training

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Financial Analysis Training for Beginners