Program Objectives:

By the end of the program, participants will be able to:

* Apply the framework of financial statements analysis.
* Demonstrate skills at the foundations of ratio and financial analysis.
* Carry out company and industry analysis.
* Implement the process of company evaluation and analysis
* Analyze real-life financial statements from companies traded on the world and GCC stock markets.

This Program is designed for:

Professionals in the field of finance and accounting, department heads, senior management team, financial controllers, finance managers, financial analysts, chief and financial accountants who perform business analysis and provide financial recommendations. This program is worth 25 NASBA CPEs.

Program Fees:

Per participant - USD 3700
Frequent nomination - USD 3330
(including coffee breaks and a buffet lunch daily)
One extra free place for every 2 paid nominees on the same program and dates
Discount Plans, Refunds & Cancellations Policy

Meirc reserves the right to alter dates, content, venue and trainer with a reasonable notice time.

Program Outline:

Financial Statement Analysis: An Introduction

* Role of Financial Reporting
* The Core Financial Statements and Importance of the Annual Report
* The Important Role of Notes and Supplementary Information
* Objective and Types of Audits of Financial Statements
* Financial Statement Analysis Framework
* Relationship, Elements, and Classification of Financial Statements

Financial Reporting Standards

* Importance of Reporting Standards in Security Analysis and Valuation
* The Standards Setting Bodies
* International Financial Reporting Standards versus Generally Accepted Accounting Principles

Understanding Financial Statements

* Income Statement:
o Components, Revenue and Expense Recognition
o Operating Income versus Comprehensive Income
* Balance Sheet:
o Components and Formats
o Measurement and Classification
* Cash Flow Statement:
o Operating, Investing, and Financing Activities
o Direct versus Indirect Methods
o Analysis and Interpretation

Financial Analysis Techniques

* Ratio Analysis:
o Liquidity
o Asset Management and Activity
o Solvency
o Profitability
o Market
o Valuation
* Vertical Analysis and Strategy
* Trend Analysis and Growth
* DuPont Analysis
* Equity Analysis
* Credit Analysis
* Segment Analysis
* Financial Reporting Quality and Red Flags:
o Incentives and Fraud Triangle
o Common Accounting Warning Signs
* Accounting Shenanigans on Cash Flow Statement:
o Stretching and Financing Payables
o Securitization of Receivables
o Stock Buybacks Strategies
* Free Cash Flow Calculation
* Limitation of Ratio Analysis

Financial Statement Analysis: Applications and Group Presentations

* Evaluate a Company's Past Performance
* Prepare a Basic Projection of a Company's Future Net Income and Cash Flow
* Comprehensive Real-Life Analysis of Publicly Traded Companies