Day 1:
Foundations of Financial Statements
Overview of financial statements and their purpose.
Key components of the balance sheet: assets, liabilities, and equity.
Understanding the income statement: revenues, expenses, and net profit.
Interactive exercise: Identifying elements in sample financial statements.
Day 2:
Cash Flow and Ratios
Decoding the cash flow statement: operating, investing, and financing activities.
Introduction to financial ratios: liquidity, solvency, and profitability.
Practical applications of ratio analysis in assessing organizational performance.
Case study: Analyzing a company’s financial health through ratios.
Day 3:
Budgeting Principles and Variance Analysis
Fundamentals of budget creation and management.
Types of budgets: static vs. flexible, capital vs. operational.
Techniques for analyzing budget variances and identifying root causes.
Group activity: Preparing a simple departmental budget.
Day 4:
Strategic Integration and Reporting
Aligning financial data with strategic goals using frameworks like SWOT and Balanced Scorecard.
Crafting compelling financial narratives for diverse audiences.
Visualizing financial data effectively with charts and graphs.
Workshop: Creating a presentation for non-financial stakeholders.
Day 5:
Emerging Trends and Applications
Incorporating ESG metrics into financial analyses.
Navigating regulatory compliance requirements related to financial reporting.
Leveraging technology for financial analysis (e.g., Excel, BI tools).
Final group project: Presenting comprehensive financial insights based on a case study.
