Accounting & Analysis
What you'll learn
- Understand the fundamental composition of the 3 primary financial statements
- Be able to explain the inter-relationship between the accounts, and trace the impact of individual accounting items
- Interpret different levels of profit, aspecst of balance sheet assets and liabilities and how profit and cash differ - in detail
- Understand the impact of different corporate structures- e.g. working through JVs or holding significant minority stakes in other companies
- Understand the metrics typically used by companies to prioritise investment and incentivise management performance
- Learn how to account for Debt and Lease Obligations and how they impact credit metrics
- Practice topics with downloadable exercises, fully debriefed by your tutor
- Be able to critically assess whether the accounting practices chosen enhance or distort key measures
Requirements
- No detailed knowledge of accounts / accounting is required as this course covers the fundamentals as well as some comprehensive analytical issues such as pensions and leases.
Description
Our comprehensive Financial Accounting & Analysis certification program teaches the essential accounting concepts and skills for practical financial statement analysis, looking at real-world data and applications. This course will prepare you for careers in investment banking, private equity, business valuation, and corporate finance.
This program is intended to act as a solid foundation for anyone needing to interpret financial information from internal or external clients. It establishes the key links between the primary financial statements (Income Statement, Balance Sheet and Cash Flow Statement) before looking at accounting issues, discretion, analysis and interpretation – and why it all matters. This program is not suitable for those who already have a detailed knowledge of financial statements, and is intended to be a robust foundation for those in front, middle or back office roles.
Specifically the course will address:
The nature of the key statements, their inter-relationship and the nature and definition of their constituent assets, liabilities, revenues expenses and cashflows;
Fundamental accounting concepts and identities such as the matching principal, accruals and revenue recognition;
How to use accounting data to measure business performance and financial health;
The different methods of accounting for investments in other businesses and the impact this can have on risk performance metrics and their comparability
Adjusting key metrics and ratios to take account of the nature of different corporate structures, the use of exceptional items, the use of (partially or fully) off-balance sheet financing such as lease and the impact of more complex items such as provisions and pensions on accounting measures;
Carrying out comparable company performance and valuation analysis.
At the end of the course delegates will:
Understand accounting fundamentals;
Be able to explain the inter-relationship between the accounts and trace, the impact of individual accounting items, such as share based payments for example, through the income statement, cashflow balance sheet and Other comprehensive income statements and analyse and judge their impact on value and risk;
understand the metrics typically used by companies to prioritise investment and incentivise management performance;
understand the impact of different corporate structures- e.g. working through JVs or holding significant minority stakes in other companies- on the appearance of debt and on the quality and control of cashflow that a company has;
have a toolbox of analytical techniques and measures that investors and analysts use to measure corporate performance, financial risk and company valuation
be able to explain the flexibility open to management in the presentation of figures, the subjectivity of accounts and the methods company’s use to enhance the presentation of their numbers.
be able to critically assess whether the accounting practices chosen enhance or distort key measures.
Who this course is for:
- Beginner and refresher finance professionals who need to be able to read and interpret financial statements.
- You may be an intern, graduate new hire, or considering a move into the world of banking and finance.
Instructor
- 4.4 Instructor Rating
- 62 Reviews
- 1,209 Students
- 8 Courses
Capital City Training is a full-service technical training company focused on the banking, wealth management and broader financial services and accounting industries.
We provide engaging, challenging, high quality training across the spectrum of hard technical skills needed in banking, investment banking, fund management and wealth management, as well as coaching and management development. Capital City also provides eLearning and distance learning packages for core skills such as accounting and analysis, financial maths, modelling and valuation.
Our e-learning programs are designed to recreate the classroom experience as closely as possible - with expert tutors explaining concepts clearly, illustrating with examples and then providing delegates with exercises to practice what they've seen, with a full tutor debrief - we all learn by doing! We combine training expertise and highly credible practical experience together to give relevant high impact courses.
Capital’s style is guided by some basic principles of adult learning, namely:
- Adults are task focused, they learn by doing;
- Adults are social, they engage with tasks and assimilate information better when working in a group;
- Adults are competitive.
In all areas of our training, we stimulate and engage delegates through involving them actively in:
- Contemporary, real-world case studies
- Group exercises
- Excel modelling, where relevant
Your expert tutors - Greg and Mark - have worked in banking and finance for many years before co-founding Capital City Training in 2010. Our clients include banks across the world, where we deliver tailored solutions on top of our core skills programs.
Greg Mayes, ACA CFA AMCT, qualified as an accountant with Ernst & Young in London, and before setting up CCT was Global Head of Financial Markets Training at Barclays Capital (now Barclays Investment Bank).
Mark Woolhouse graduated from St John’s Oxford and entered the banking world, training with JP Morgan in New York and subsequently working with one of JP Morgan’s London based affiliates, Saudi International Bank. He then worked with the UK merchant banks Hill Samuel and Charterhouse.