Why Attend
Welcome to the training program on Analyzing and Presenting Financial Statements and Preparing the Estimated Budget, designed by Commonwealth Training and Consulting Africa. This program is specifically tailored to enhance participants' skills in understanding and interpreting financial statements and preparing accurate budgets. Throughout this training, participants will gain practical knowledge and techniques to effectively analyze financial data and make informed financial decisions.
Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing
Understand the importance of financial statements and their role in decision-making.; Gain proficiency in analyzing and interpreting financial statements.; Learn the key components of financial statements (balance sheet, income statement, cash flow statement) and their interrelationships.; Acquire skills to prepare and present accurate and comprehensive financial reports.; Develop the ability to prepare estimated budgets and forecast financial performance.
Day 1: Financial analysts and managers; Accounting professionals; Business owners and entrepreneurs; Professionals involved in financial decision-making; Individuals seeking to enhance their financial analysis and budgeting skills
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Day 1:
Introduction to financial statements and their significance in decision-making
Understanding the balance sheet: assets, liabilities, and equity
Analyzing and interpreting the balance sheet
Day 2:
Introduction to the income statement: revenue, expenses, and net income
Analyzing and interpreting the income statement
Evaluating profitability ratios
Day 3:
Understanding the cash flow statement: operating, investing, and financing activities
Analyzing and interpreting the cash flow statement
Assessing liquidity and solvency ratios
Day 4:
Techniques for financial statement analysis: vertical analysis, horizontal analysis, and ratio analysis
Identifying trends and evaluating financial performance
Presenting financial analysis findings effectively
Day 5:
Introduction to budgeting and its importance in financial planning
Types of budgets: operating budget, capital budget, and cash budget
Preparing an estimated budget and forecasting financial performance