Understanding and analyzing financial statements and annual reports can be a daunting task for many of us, especially if we are non-finance professionals and investors of stock exchange-listed companies. We often find ourselves deterred from our attempts to delve into the myriad of information and unfamiliar terms presented in financial statements and their overwhelming details that are separately noted in the annual reports.

This course is put together based on the latest financial statements and annual report of an exchange-listed company to enhance your confidence and make your experience more rewarding when reading financial statements and navigating annual reports.

·         This workshop will impart you with sufficient practical knowledge on reading and understanding the Balance Sheet, Income Statement and Statement of Changes in Equity along with references to their related notes in the annual report of the exchange-listed company. Relevant concepts, principles and procedures, such as Double-entry (debit and credit) Accounting will be explained.

·         Aims to equip you with the necessary analytical skills to analyze and interpret the financial statements of the subject company in assessing its financial position and performance. A session will be devoted to explaining and analyzing the Statement of Cash Flows of the company. The day ends with exploring the Directors' Report and Auditor's Report for hints of any potential risks faced by the company.

This financial training course will benefit managers, executives and mid-career professionals who may wish, or need, to refresh or enhance their understanding and analysis of financial statements and annual reports.

Corporate Annual Report

·         Key Components of Corporate Annual Report

·         Consolidated Financial Statements

·         Limited Liability Company vs. Sole Proprietorship / Partnership

·         Parent-Subsidiary Relationship

·         Non-controlling Interest

Balance Sheet

·         Accounting Equation

·         Dual Aspect Principle

·         Assets

·         Liabilities

·         Equity

Income Statement

·         Matching Principle

·         Revenue

·         Expenses

·         Accrual vs. Cash Accounting

·         Effects of Revenue and Expenses on Equity

·         Double-entry and the T-account

Statement of Changes in Equity

·         Linking Balance Sheet and Income Statement

·         Share Dividends and Share Capital

·         Share Options and Share Capital

·         FX Translation Differences and Currency Translation Reserve

·         Statement of Comprehensive Income

How Transactions Flow to the Financial Statements

·         Illustration

·         Exercise

·         End-of-Period (EOP) Adjustments

Analysis Using Income Statement and Balance Sheet

·         Profitability Ratios

·         Efficiency Ratios

·         Solvency Ratios

Analysis Using Cash Flow Statement

·         Cash Flow Statement

·         Sources and Applications of Cash

·         Analytical Ratios

·         Free Cash Flow (FCF)

Navigating Annual Report to Detect Risk

·         Relevance of Directors' Report

·         Interpreting Auditors' Report

·         Key Trends to Watch

·         Capital Commitments

A variety of methodologies will be used during the course that includes:

·         (30%) Based on Case Studies

·         (30%) Techniques 

·         (30%) Role Play

·         (10%) Concepts

·         Pre-test and Post-test

·         Variety of Learning Methods

·         Lectures

·         Case Studies and Self Questionaires

·         Group Work

·         Discussion

·         Presentation

This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.

Daily Course Timings:

    08:00 - 08:20       Morning Coffee / Tea

    08:20 - 10:00       First Session

    10:00 - 10:20       Coffee / Tea / Snacks

    10:20 - 12:20       Second Session

    12:20 - 13:30       Lunch Break & Prayer Break

    13:30 - 15:00       Last Session