Those without a financial background commonly misunderstand the reality of financial reports and tend to assume that they are statements of unquestionable fact. In practice, financial reports are very often subjective in nature in that they allow latitude to those who prepare them. Different accounting treatments allow companies to 'window dress' their financial performance, thereby portraying a healthier picture of their financial position and performance.

The focus of this tutorial is to examine the primary financial statements in context with other sources of information and beyond the pure mechanics of their creation. Only with a rounded view of the spectrum of available information can an interested party make an informed view on a company.

Objectives

On completion of this tutorial you will be able to:

• Identify some fundamental considerations underpinning the use of financial statements
• Recognize the significance of the notes to financial statements and other supplementary information
• Understand the value of analyst and industry reports

Program Content

Lesson(s):
Understanding Financial Reports

Topics:

• Interpreting the Basic Financial Statements
• Notes & Supplementary Information
• Analyst Reports

Target Audience

• New or recent recruits to banking and financial organizations
• Operations and support staff
• Finance and accounting staff
• Dealers and Traders

Prerequisites

• Accounting – An Introduction
• Analysis of the Balance Sheet
• Analysis of the Income Statement
• Analysis of the Cash Flow Statement

 

Estimated Completion Time:
60 minutes

Registration Information

This short online course can be purchased individually or as part of the following discount scheme(s).

• Financial Accounting 101

Once purchased, you will have access to this course for 365 Days.

Cost:

40.00

UK£ EUR US$   excluding including VAT*

Related CPD Courses

• Accounting An Introduction
• Analysis of the Balance Sheet
• Analysis of The CashFlow Statement
• Analysis of the Income Statement
• Financial Statements Ratio Analysis

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