Every company has to prepare financial statements. For most SME's this is a necessary evil to keep the tax man happy. However if you understand how financial statements work you can;

- Use the information provided to assist in managing your business.
- Understand customers better enabling better provision of services including broking & advice.

Content:

Basic concepts underlying financial statements:

• Hierarchy of reports. 
• Balance Sheet - assets, liability and equity.
• Income Statement - income, gross profit, expenses and net profit/loss
• Cash Flow Statement - operating, investing and financing.
• Major accounting issues and their impact on financial statements.

Financial Trend Analysis

• Year on year, rolling 12 months, Quarterly 
• Introduce budget comparisons.
• Financial Ratios
• Debt to Equity, Current Ratio, Quick Ratio, Return on Equity, Net Profit Margin, Receivable
• Conversion Period, Payables Conversion Period

This course is recommended for:

• Brokers, advisers wanting to understand their customer financial position better. 
• SME business owners and managers looking to gain a practical understanding of financial statements.
• Financial Services professionals wanting to understand their customers better. 

The running of this workshop is subject to minimum attendees.

No refund will be given if you choose not to attend within 7 days of the event.