Understanding and Analysing Financial Information

Essential Skills for Effective Decision-making

	Adelaide	Thurs 29 & Fri 30 October 09	Download Brochure
	Darwin	Tues 1 & Wed 2 December 09	Download Brochure

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Who should attend | Learning outcomes | Interactive learning | Fees | Venue | Accommodation | Cancellation | Enquiries

Understanding and Analysing Financial Information aims to equip you with the skills and understanding required to analyse and interpret accounting and financial information.

Assuming no prior knowledge, the program begins with a comprehensive introduction to the topic. It then moves quickly to explain the contextual framework used by financial specialists to give you a clear understanding of the nature of various business transactions. Using a logical, structured approach, you will be introduced to basic accounting methods and concepts and shown how and when to apply them in a range of business situations.

Similarly, you will be led through the key tools and techniques of financial analysis and their relevant application when making typical management decisions, such as regarding resource allocation or performance evaluation. You will acquire the ability to read and interpret corporate balance sheets and operating statements and gain an insight into how business decisions affect them.

And of course, just as you will develop an appreciation of the benefits of using financial analysis in these ways, so will you learn its limitations and potential pitfalls.

Who should attend

This two-day short course at the University of Adelaide is designed primarily for managers with no formal accounting qualifications.

It will be extremely valuable for both private and public sector managers who are responsible for the management of a business, a business division or a business unit and need to gain an appreciation of the issues and concepts of analysing financial performance.

Learning outcomes

The intensive Understanding and Analysing Financial Information two-day course is as follows:

Day 1

• How accountants prepare financial statements and the rules they follow.
• A brief explanation, and the basic preparation, of a simple Balance Sheet and Profit and Loss Statement.
• Various ways of using the Balance Sheet and Profit and Loss Statement and the important relationship between the two.
• Interpreting a Balance Sheet, Profit and Loss Statement and Statement of Cash Flow.
• How to identify and implement strategies to improve items in Financial Statements requiring attention.

Day 2

• Better decision-making using ratio analysis from a manager's perspective.
• Analysing Financial Statements from a shareholder's perspective using ratio analysis.
• A practical business case-study using a private company's internal Financial Statements.
• A practical business case-study using a public company's Annual Report.

Interactive learning

This course will provide you with a stimulating, hands-on learning experience, imparting valuable skills and knowledge with immediate application.

The presenter will employ a highly interactive teaching style designed to involve each participant and reinforce key concepts. Using practical examples and taking a common-sense approach, he will concentrate on providing a thorough understanding of financial information, specifically interpreting and analysing Financial Statements.

A combination of learning methods will be used, including lectures, discussions and group work. The learning environment will be supportive at all times. And you will be given ample opportunity to contribute your own ideas and experience.

Fees

The fee for one participant is $1,250
For bookings of three people, the discounted fee is $3,187
(a reduction of 15%)
For bookings of five people, the discounted fee is $5,000
(a reduction of 20%)
The course is GST free.

Early bird discount: See Adelaide brochure or Darwin Brochure for details

Venue

Executive Education Unit
The University of Adelaide
Level 7, 10 Pulteney Street
Adelaide, South Australia

Accommodation

While this course is non-residential, accommodation at special rates is available at a range of nearby hotels. Please contact Amanda Bramwell for further information by phone (08) 8303 3268 or
fax (08) 8303 6140 or email.

Cancellations or Deferments

For withdrawal or deferment advice received no less than 3 weeks prior to the course start date, the full fee will be refunded. For notification received between 4 working days and 3 weeks prior to the course start date, a fee of 25% will apply. For notification received less than 4 working days prior to course start date, the full fee will be forfeited, however we will accept a suitable substitute right up to the morning of the course.

Enquiries

Amanda Bramwell