By the end of the program, participants will be able to:

• Apply the framework of financial statements analysis.
• Demonstrate skills at the foundations of ratio and financial analysis.
• Carry out company and industry analysis.
• Implement the process of company evaluation and analysis
• Analyze real-life financial statements from companies traded on the world and GCC stock markets.

Financial Statement Analysis: An Introduction

• Role of Financial Reporting and Analysis
  
• The Core Financial Statements and the Importance of the Annual Report
• The Important Role of Notes and Supplementary Information
• Objective and Types of Audits of Financial Statements
• Financial Statement Analysis Framework
• The Accounting Cycle
• Financial Reporting Mechanics
• Relationship, Elements and Classification of Financial Statements

Financial Reporting Standards

• Importance of Reporting Standards in Security Analysis and Valuation
  
• The Standards Setting Bodies
• International Financial Reporting Standards versus Generally Accepted Accounting Principles

Understanding Financial Statements

• Income Statement Components
  
• Revenue and Expense Recognition
• Balance Sheet Components:
• Measurement and Classification
• Cash Flow Statement:
• Operating, Investing, and Financing Activities
• Direct versus Indirect Methods in Cash Flow Preparation

Financial Analysis Techniques

• Ratio Analysis:
  
• Liquidity: Current, Quick, and Cash Ratios
• Asset Management and Activity Ratios
• Solvency: Debt, Equity, and Times Interest Earned Ratios
• Profitability: Profit Margin, Gross Margin, Return on Assets, Return on Equity
• Market and Valuation: Price-Earnings and Earnings Per Share Ratios
• Vertical Analysis and Strategy: Balance Sheet and Income Statement Approaches
• Trend Analysis and Growth
• DuPont Analysis: The Three-Step and Five-Step Models
• Time-Series and Cross-Sectional Analysis
• Limitation of Ratio Analysis

Financial Statement Analysis: Applications and Presentations

• Evaluating a Company’s Past Performance
  
• Comprehensive Real-Life Analysis of Publicly Traded Companies

Professionals in the field of finance and accounting, department heads, senior management team, financial controllers, finance managers, financial analysts, chief and financial accountants who perform business analysis and provide financial recommendations. This program is worth 25 NASBA CPEs.