ΠΕΡΙΓΡΑΦΗ

This course aims to provide the necessary insight at the analysis and interpretation of financial statements of various companies and in various industries. To practically enhance participant’s knowledge on performing a financial statement analysis and assessment, identifying the  key risky areas, and red through the financial, calculating and interpreting basic ratios and communicating their significance to colleagues and clients.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

The seminar aims at providing the participants with the knowledge and practicable skills necessary in order to analyse and interpret financial statements. This will allow the participants to make informed and effective business and management decisions.

The relationships between financial and other non-financial information will be addressed. Techniques used such as ratio analysis will be explained. It will concentrate on the conclusions reached in respect to the performance and the

financial stability of the organisation. The seminar intends to point out the differences of analysing information of various industries and will offer the opportunity of reviewing financial statements of different industry backgrounds.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

Accountants, Auditors, Bankers, People working in the Financial Institutions

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Seminar Programme

Section 1: An introduction to the main statements and concepts

• Introduction to the accounting equation and its basic definitions (assets, liabilities, equity, and reserves etc)
• Illustration of the income statement, of the statement of financial position (balance sheet), of cash flow statement and statement of changes in equity
• Explanation of further accounting concepts: fair and book values, deferred and accrued income, deferred assets, and liabilities
• Illustration and explanation of the working capital cycle
• Calculation of EBITDA
• Explanation of provisions, contingent liabilities and financial Obligations
• Definitions of ratios
• Understanding the results given by ratios
• Discussion of the effect that different accounting policies and different accounting practices can have on ratio analysis
• Discussion of the effect related party transactions can have on ratio analysis

Section 2: Introduction to the analysis of financial statements

• Analysis of the financial statements of a company in the Cyprus trading industry.
• Analysis of financial statements of a company in the Cyprus retail industry.
• Analysis of financial statements of a company in the financial services industry.

Certification

All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.