UNDERSTANDING AND ANALYSING ACCOUNTS COURSE
Who this course is for
Our accounts analysis course is beneficial for anyone whose role requires them to assess the financial performance of their own or other organisations. Whether you are involved in selecting financially sound suppliers, benchmarking your business’s financial performance against your competitors or regularly need to analyse accounts for any other purpose, this course will be extremely useful.
This course covers the key questions to ask when analysing financial data to provide a true, detailed understanding of the financial statements when it comes to making important decisions about which direction your business moves in, which supplier to work with, what the financial position of potential customers looks like, who to lend money to and so on.
Course cost varies depending on requirements. Training is delivered at your office or your chosen location.
Duration is typically 1-2 days depending on chosen topics.
If you would like any other topics covered as well as/instead of those listed below, we can customise this course to your requirements.
The published statutory accounts or internal management accounts can give some excellent information about the financial performance of a business. Although if you only read this information at face value, it can give a misleading impression. A true, detailed understanding of the financial statements is crucial when it comes to making important decisions about which direction your business moves in, which supplier to work with, what the financial position of potential customers looks like, who to lend money to and so on.
This course covers a comprehensive review of the financial statements, digging deeper into the numbers, considering how the numbers may have been manipulated to create a particular impression as well as the limitations of the accounts that it is important to be aware of. Participants on this practical accounts analysis course will be encouraged to create a personal action plan at the end to consider how they will turn elements of the course into reality once they are back in their work environment to maximise their learning.
The need to be able to understand and analyse accounts stretches across a variety of roles within an organisation. As with all our financial training courses, we can tailor this course to your company and employee objectives. Please contact us to discuss your exact requirements – we are more than happy to incorporate other aspects of finance if required.
- Accounts structure and terminology
- Analysing the key elements of a Profit and Loss Account (Income Statement) including sales, gross profit, operating profit, EBITDA(R) and ratios.
- Undertaking a similar analysis of the component parts of the Balance Sheet (Statement of Financial Position) and the relevant financial performance ratios.
- Consideration of how the statements may be manipulated and the effect on the numbers including areas such as accounting adjustments, depreciation and amortisation, timings of key decisions, organisational policies and culture
- Using trends as a technique to analyse performance
- Limitations of the information available from the financial statements and knowing the right questions to ask in order to probe the facts behind the figures
Why Work With Complete Financial Training?
We are the home of specialists in financial and commercial learning.
We work with organisations to improve their people’s financial and commercial acumen, thereby improving your business’ financial health and helping you to create the opportunities to invest in the things that you care about most.
At Complete Financial Training, we can work closely with you to assess the learning requirements of your business, develop a bespoke learning pathway for your people and provide them with the financial and commercial knowledge and tools that they need to help drive the continued success of your business.
The training was incredibly valuable! I wish I had done it sooner in my career!
Hitachi has been working directly with Helen for over 12 months. Helen’s professionalism, experience and advice enabled the newly formed Business Improvement team to establish a tailored approach to Business Case development across the Operations, Service & Maintenance line of business. Helen’s workshops are extremely well planned, engaging and crammed full of real world examples; combining the fundamentals of financial analysis with an emphasis on wider business factors that influence recommendations. Helen has made a real impact on the team and we look forward to using her services in the future as we continue to grow and establish our culture.
Phil quickly understood my own development needs whilst also understanding how they fit into the wider financial context. This was invaluable.
I have a much better understanding of Greene King’s finances.
The course was really beneficial in helping me gain a greater understanding when talking to my colleagues.
Collaborative, engaging, informative, team driven, extremely valuable and a great link between finance and operations.
I’ve been working with Helen for over 2 years now and she has been working with Eurostar for over 5. She designs and delivers customised workshops for our senior leaders and managers. Helen is a true expert in her field and her ability to turn Finance and Business Cases concepts and tools into engaging and thought-provoking session for managers and leaders is greatly appreciated and receives consistent excellent feedback. She is easy to work with, always going the extra mile and combines the right balance between being friendly and assertive as a subject matter expert. I highly recommend her services.
I now have a better understanding of the impact of setting a business strategy.
The Trainer was dynamic, open, friendly but professional. This course provided great value to our organisation.
Practical examples ensured that all delegates were involved in the learning process.
What Financial Training Could Your Team Benefit From?
Download our free Financial Learning Needs Analysis and share it with your team to determine what training they might benefit from – simply fill out the form and download the document.