Financial Statement Analysis for Non-Financial Managers
info_mark_grey In-person
$2,390 + tax (5%)
Course Start Date
2 days
Financial Statement Analysis for Non-Financial Managers
Interpret the key financial levers that drive business performance
Financial statements are the pulse of a business and one of the clearest indicators of its health. They provide the critical information every manager needs to keep their department’s financial footing on track.
Specifically designed for non-financial managers, this course provides easy-to-follow guidance in interpreting and analyzing financial statements. Discover what's behind the numbers, and participate in meaningful financial discussions. Get the skills and confidence needed to gauge financial performance. Make effective data-driven decisions that support business goals. Show your company that you’re a driving force in its profitability and growth.
Note: for those who are very new to the field, Fundamentals of Accounting for Non-Financial Managers is a great place to start.
- Gain a greater understanding of what the numbers say
- Get hands-on experience analyzing financial reports and applying key ratios
- Unlock critical insights by connecting financial data to other performance measures
- Detect drains on profitability and other areas of concern
- Justify your ideas in terms of dollars and cents
- Make decisions that will generate greater returns for your organization
Impact to your organization, team or business:
- Improve business acumen and the quality of financial decision making at all levels
- Understand your company’s performance against that of your competitors
- Get a better view of where the company might be heading
- Encourage a more questioning outlook at both the operational and leadership levels of your company
- Head off financial vulnerabilities from the get-go, and increase company profitability over the long-term
Financial Reporting
- Accounting standards and frameworks in Canada
- Uses and limitations of financial statements
- Current issues
Making Sense of Financial Statements
- Detailed discussion of the Balance Sheet, Income Statement, Statement of Equity, Statement of Cash Flows, and selected notes to statements
- Review of public company Annual Reports and Financial Statements - especially the Management Discussion and Analysis Sections
- Evaluating the integrity of financial statements and the financial strength of a company
Applying Ratios to Analyze Financial Statements
- Liquidity ratios: current and quick ratios
- Solvency ratios: debt to equity ratios, interest coverage ratios
- Leverage ratios
- Profitability and activity ratios
- Caveats about financial ratios
Comparing Company Performance
- Over time
- Against other firms in the industry
- Against other industries
Profile
Scott Sinclair
Contact us
Evan Lloyd
Client Development Specialist, Professional GrowthWhat other professionals think
This course delivers what it promises, giving us very applicable skills and tools to use on the job. I would recommend it to all managers with responsibility for the financial performance of their company.
A practical real-world course that inculcated a skill set that will make me more effective in my work.