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!
We engaged with Helen a short while ago, to do some fundamentals in financial awareness. She was fantastic. Her teaching was interactive and very interesting – she made accounting fun! We put some 20 or so people through her training programme and every single one of them was blown away by how easy she managed to highlight the difference between cashflow and the P&L, for example. I would strongly recommend anyone to work with Helen. She is great to work with and makes the training relevant and fun for the team.
Want to say a massive thank you Helen Howard for enabling me to complete my Finance Training for Non Financial Managers. We covered profit and loss, cash flow, balance sheets, markups and margins, capex, and so much more. Whilst going through the training Helen made everything relevant to real business situations, as well as being made relevant to the company I work at myself. I had lots of opportunities to ask questions and Helen very much allowed us to delve into areas that I specifically wanted to develop and gain more knowledge on. Helen’s delivery was relaxed, clear thinking and straightforward. Her effective communication and approachable manner made my training thoroughly enjoyable throughout. Furthermore, she has made herself available for queries afterwards which is exceptional. I highly recommend Complete Financial Training! Thank you again, Helen.
The course was full of valuable information, loved the format of cards on the floor, made it easier to see/understand.
It was an excellent course that was adapted to be very relevant to LandSec.
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.
The course raised my awareness significantly and provided me with the tools to evaluate the financial strength of our suppliers and clients.
I have far more insight into the effect that decisions I make will have on the company. The post-course mentoring was very useful.
The course was really beneficial in helping me gain a greater understanding when talking to my colleagues.
The Trainers understand our business and needs so well that it is like they are part of our team rather than external Trainers.
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.