Day 1:
Foundations of Financial Reporting and Analysis
Overview of financial statements: Balance sheet, income statement, and cash flow statement
Understanding the principles of financial reporting: IFRS vs. GAAP
The role of financial reporting in administrative decision-making
Identifying key financial metrics and their significance
Day 2:
Ratio Analysis and Financial Performance Evaluation
Liquidity ratios: Current ratio, quick ratio, and working capital management
Profitability ratios: Gross profit margin, net profit margin, and return on investment
Efficiency ratios: Asset turnover, inventory turnover, and accounts receivable turnover
Solvency ratios: Debt-to-equity ratio, interest coverage ratio, and financial stability assessment
Day 3:
Financial Forecasting and Risk Assessment
Techniques for financial forecasting: Trend analysis and regression analysis
Identifying and managing financial risks
Budget variance analysis and its impact on decision-making
Case study: Assessing financial projections for a business expansion
Day 4:
Compliance, Fraud Detection, and Financial Ethics
Understanding financial reporting compliance and legal obligations
Recognizing signs of financial misrepresentation and fraud
Ethical considerations in financial reporting and corporate governance
Practical exercise: Identifying financial inconsistencies in real-world reports
Day 5:
Strategic Financial Decision-Making and Communication
Linking financial analysis to strategic planning and business growth
Using financial data to support executive decision-making
Effective communication of financial insights to stakeholders
Final case study and group presentation: Developing a financial report analysis strategy
