Analysis and Interpretation of Financial Statements for SMEs using ratio analysis

- Οργάνωση/ Διοίκηση/ Ηγεσία - Λογιστικά/ Έλεγχος/ Φορολογικά

08 Δεκ 2022 08:30 08 Δεκ 2022 16:30
Αγγλικά
7.00 ώρες ( 1 ημέρα )
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Analysis and Interpretation of Financial Statements for SMEs using ratio analysis

ΠΕΡΙΓΡΑΦΗ

Due to the pandemic, small and medium-sized businesses have faced unexpected and unpleasant challenges over the last two years, including reduced sales, a lack of liquidity, and restrictions on their activities and the way they conduct business.

During the pandemic, it became clear that the ability to analyze and interpret financial statements is an absolute requirement for every entrepreneur and employee of small and medium-sized enterprises, which unquestionably form the backbone of the Cyprus economy.

The purpose of this seminar is to provide participants with the tools they need to analyze and interpret financial statements so that they can:

(a) identify critical financial points and take timely corrective action; and

(b) identify economic advantages and capitalize on existing investment opportunities.

 Participants will have the opportunity to learn and practice financial analysis during the seminar by using practical examples and case studies of corporate financial statements from various sectors of the economy. Particular emphasis will be placed on key indicator categories such as profitability, liquidity, and indebtedness. The findings will be explained and interpreted in order to demonstrate the current economic situation as well as the financial performance of the case studies.


ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

After the completion of the program, the trainees will be able to:
In terms of knowledge
Identify and describe the major numeral categories.
To identify and define the key terms in financial statements.
Sort the information in the various sections of the basic financial statements.
Separate the various types of numerical indicators and the data required to calculate them.
Create a comparative analysis of the Audited Financial Statements.
 

At skills level
Demonstrate a thorough understanding of the fundamental financial statements.
Demonstrate a thorough understanding of the basic terms and information contained in the financial statements.
Identify indicators of financial problems (as determined by an examination of the Financial Statements) and select timely corrective measures
To categorize the information in the financial statements based on the key indicators.
Choose the proper formulas for calculating the basic numberofindicators.
Calculate key financial indicators, particularly liquidity, financial installments, and indebtedness.
Explain any significant differences in results compared to the budget.
To explain and document the Financial Statements' utility in assessing the Company's progress and achieving its strategic objectives.
To create an effective or strategic strategy for capitalizing on opportunities revealed by financial statement analysis.
Interpret financial indicators and effectively assess the company's financial position and performance

At an Approach level:
To adequately defend their decisions using financial statement data
To work smoothly and effectively with the finance department's staff.
Participate effectively in meetings with bankers, professional accountants, and certified auditors.
To justify any deviations in the Company's financial results from the initial objectives
To objectively criticize and contradict the financial data that will be presented by professional accountants and external auditors.
Compare this year's financial statements to last year's and motivate employees to improve results.
To defend, protect, and work in the best interests of the company for which they work/own shares.
Participate in important meetings with Senior Management and the Board of Directors, and confidently answer questions about the results of their work.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

The course is addressed to:

Entrepreneurs, general managers, department heads, accountants, and other professionals who want to learn how to analyze and interpret a company's financial statements and performance in order to identify financial capabilities and manage financial problems in a timely manner.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

CPD accreditation:

*The course may be approved for up to 7CPD units verified directly by the participant's association, regulator or other bodies which holds membership.

** For the Cyprus Bar Association Members this counts as part of their Continuous Professional Development, qualified as Non-verifiable CPDs.


Trainer

Chrystalla Kazara

Αναλυτικό Κόστος Σεμιναρίου

Για Δικαιούχους ΑνΑΔ

  • € 260.00
  • € 119.00
  • € 49.40
  • € 141.00
  • € 167.79

Για μη-Δικαιούχους ΑνΑΔ

  • € 234.00
  • € 0.00
  • € 44.46
  • € 234.00
  • € 278.46
ΠΡΟΓΡΑΜΜΑ ΣΕΜΙΝΑΡΙΟΥ

Πέμπτη - 08 Δεκ 2022

Ώρα

08:30 - 16:30

Τοποθεσία:

Λευκωσία

Εκδήλωση Ενδιαφέροντος : Analysis and Interpretation of Financial Statements for SMEs using ratio analysis