Financial Statements Interpretation for Decision-makers Programme
Date: November 16-19, 2022
Note: Due to the epidemic, the actual starting time for the courses shall be subject to the notice from the class coordinator.
This programme is designed for non-financial middle/senior managers whose work involves financial statements interpretation.
Highly profitable companies won’t go bankrupt; fast-growing companies won’t have to address cash flow problems; companies won’t face insolvency as long as they still own assets; companies may inject their retained earnings into investment projects. If you agree with any of the statements above, you are strongly urged to update your financial expertise as soon as possible, as these are all common misconceptions held by many executives with a non-financial background (and even by some financial professionals).
Financial statements are not only filled with information valuable to executives, but also fraught with ambiguous subtexts or even hidden pitfalls that are aimed at misleading them. To better interpret a company’s financial statements, executives need to probe into its operating patterns and business strategy and the accounting policy and procedures for financial statements preparation. This programme aims to help participants without a financial background discuss how financial statements reflect business operation in the internet age in light of external factors (e.g., economic landscape, industrial patterns, and effectiveness of monitoring and auditing), and understand and analyze a company’s financial statements based on its business model so as to assess its historical performance and make a sound decision on its future development and value creation.
- Financial Statements Analysis
- Impact of Capital Market on Financial Reporting
- Assets Analysis
- Liabilities and Shareholder's Equity
- Revenue Recognition
- Cash Flow Statement Analysis
- Income Statement Analysis
- Analyzing financial data to understand the factors that affect a company’s profitability
- Making a sound decision on a company’s future development and value creation
A certificate of completion will be awarded
Programme Fee includes tuition, case licensing fees, lunches, stationery, other course materials, interpretation and translation fees if required. The full fee must be paid within two weeks upon receipt of the payment notice. Applications made within 30 days of the start of a programme require immediate payment. CEIBS reserves the right to amend information on this programme including price, discount, date, location, faculty, daily schedule and other details.
This programme aims to help participants interpret, understand, and analyze a company’s financial statements based on its strategy and in light of external factors (e.g., economic landscape, industrial patterns, and effectiveness of monitoring and auditing) so as to assess its historical performance and predict its future prospects. We will adopt a user’s perspective, because most business professionals are users of financial statements, internally (e.g., managers and executives) or externally (e.g., investors and analysts), rather than preparers.
The programme will help participants to:
- Communicate more effectively with their finance department
- Learn different “tools” for financial statements analysis
- Properly assess a company’s business performance and its market value
- Understand critical operating and strategic issues beneath seemingly boring financial data
- Analyze financial data to understand the factors that affect a company’s profitability
- Make a sound decision on a company’s future development and value creation
- Programme Introduction
- Framework for Financial Statements Analysis
Financial Markets and Reporting
- Impact of Capital Market on Financial Reporting
- What is an Asset?
- Significance and Types of Assets
- Nature of Assets
Liabilities and Shareholder's Equity
- Liability is a Risk
- Shareholder’s Equity and Enterprise Value
- Matching Principle
Cash Flow Statement Analysis
- Cash Flows from Operating Activities
Income Statement Analysis
- Analyze a Company through its Financial Statements
Financial Planning for Corporate Growth
- Corporate Growth and Demand for Funds
- Estimation of Demand for External Financing
Corporate Valuation and Value Creation
- Determinants for Corporate Valuation
- Multiple Valuation
- Discounted Cash Flow Valuation
We reserve the right to adjust the course information (including price, date, location, faculty, course arrangement and other details)
Yantai Wanhua Polyurethanes Co., Ltd.
Wanbang Pharmaceutical Marketing and Distribution Co., Ltd.
Shanghai Shangwei Lawyer Office
Vice General Manager
High Hope Int'l Group Jiangsu Woollen Knit & Garmtex Imp & Exp Corp Ltd.
Shenzhen Energy Logistics Co., Ltd.
Applications are requested at least 30 days before the programme start date. Applications are reviewed as they arrive and admissions are subject to the final confirmation of CEIBS. Any applications received after that date will be considered on the basis of space availability. For more information, please contact our Customer Service Team in Shanghai, Beijing or Shenzhen.
Any cancellation made 30 days or more prior to the programme start date is eligible for a full refund of programme fees paid. However, the expenses arising therefrom shall be for the account of the applicant or his/her employer. Any cancellation made less than 30 days prior to the programme start date shall be subject to a fee of 20 percent of the total programme fee. After the programme starts, no fees shall be refunded for participants who withdraw from the programme for any reason.
To ensure the continuity of your learning, you are required to make proper arrangements according to the course schedule after receiving your letter of enrollment. We will neither make up lessons for you nor confer you with the certificate of completion if you are absent from the course for personal reasons. CEIBS reserves the right to amend information on this programme including price, discount, date, location, faculty, daily schedule and other details.