Advanced Financial Statement Analysis Training Course 📊

Module 1: The Foundations of Advanced Financial Statement Analysis

ü  The Analyst's Mindset

ü  Review of Financial Statements and Their Interrelations

ü  Accounting Standards and Principles (IFRS vs. GAAP)

ü  The Limits of Ratio Analysis

ü  The Framework for Financial Statement Analysis Advanced Training

ü  Practical Session: A comprehensive analysis of a company's three main financial statements.

Module 2: Advanced Income Statement Analysis

ü  Deconstructing Revenue Recognition Policies

ü  Analyzing Operating and Non-Operating Items

ü  Quality of Earnings and Earnings Management

ü  Understanding the Impact of Unusual and One-Off Items

ü  Analysis of Profit Margins and Cost Structures

ü  Practical Session: Identifying and adjusting for non-recurring items in an income statement.

Module 3: Advanced Balance Sheet Analysis

ü  Analyzing Asset and Liability Quality

ü  Off-Balance Sheet Financing

ü  Accounting for Leases, Pensions, and Other Complex Items

ü  Evaluating Working Capital Management

ü  The use of a common-size balance sheet

ü  Practical Session: Uncovering potential risks in a company's balance sheet structure.

Module 4: Advanced Cash Flow Statement Analysis

ü  The Importance of Free Cash Flow

ü  Analyzing Cash Flow from Operations, Investing, and Financing

ü  Identifying Red Flags in Cash Flow Statements

ü  Cash Flow Ratios and Their Meaning

ü  Reconciling Net Income to Cash Flow

ü  Practical Session: Reconstructing and analyzing a company's cash flow statement.

Module 5: Forensic Accounting and Quality of Earnings Analysis

ü  The Red Flags of Financial Fraud

ü  Identifying Aggressive Accounting Practices

ü  The Beneish M-Score and Other Models

ü  Case Studies of Corporate Accounting Scandals

ü  The Role of a financial training course in fraud detection

ü  Practical Session: Applying the Beneish M-Score to a company's financial data.

Module 6: Equity and Credit Analysis

ü  The Difference Between Equity and Credit Analysis

ü  Ratios for Equity Analysis (e.g., P/E, PEG, ROE)

ü  Ratios for Credit Analysis (e.g., Debt-to-Equity, Interest Coverage)

ü  Distressed Company Analysis

ü  The impact of leverage on a company's credit rating

ü  Practical Session: Performing a dual equity and credit analysis on a given company.

Module 7: Advanced Valuation Techniques

ü  Discounted Cash Flow (DCF) Valuation: Advanced Topics

ü  Relative Valuation: Selecting and Adjusting Multiples

ü  Sum-of-the-Parts Valuation

ü  Introduction to Real Options Valuation

ü  Sensitivity and Scenario Analysis in Valuation

ü  Practical Session: Building a detailed DCF model with multiple scenarios.

Module 8: Industry and Competitive Analysis

ü  Porter's Five Forces Model

ü  Identifying Key Success Factors in an Industry

ü  Competitive Benchmarking

ü  Analyzing Industry Trends and Cycles

ü  The role of regulation and policy

ü  Practical Session: Conducting a competitive analysis of two companies in the same industry.

Module 9: Mergers & Acquisitions: Financial Analysis

ü  M&A Strategy and Synergy Analysis

ü  Accretion/Dilution Analysis

ü  Financial Due Diligence for Acquisitions

ü  Case Study: Analyzing a recent M&A deal

ü  Post-merger financial integration

ü  Practical Session: Performing an accretion/dilution analysis for a proposed merger.

Module 10: Case Study Capstone Project

ü  A comprehensive case study requiring an integrated analysis.

ü  Applying all learned skills to a real-world company.

ü  Developing an investment recommendation based on analysis.

ü  Presenting findings to a panel of peers and trainers.

ü  This final module is the ultimate financial statement analysis training advanced experience.

ü  Practical Session: Final presentation of the capstone project analysis.

About Our Trainers

Our trainers are seasoned finance professionals with extensive experience in investment banking, equity research, and corporate finance. They have led numerous due diligence projects and have a deep understanding of what it takes to perform effective financial statement analysis advanced training. Their real-world expertise ensures that the course material is not only accurate but also highly practical and relevant.

Quality Statement

We are committed to providing the highest quality financial training that delivers tangible results. Our curriculum is regularly updated to reflect the latest industry practices and global economic trends. We maintain a low student-to-instructor ratio to ensure personalized attention and a supportive learning environment.

Admission Criteria

ü  Participants should be reasonably proficient in English. 

ü  Applicants must live up to Phoenix Center for Policy, Research and Training admission criteria.

Terms and Conditions

1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free
2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.
3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.
4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.
5. Approval of Course: Our Programs are NITA Approved. Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.

Booking for Training

Simply send an email to the Training Officer on training@phoenixtrainingcenter.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.

Or call us on +254720272325 / +254737296202

Payment Options

We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

1. Groups of 5 People and Above – Cheque Payments to: Phoenix Center for Policy, Research and Training Limited should be paid in advance, 5 days to the training.
2. Invoice: We can send a bill directly to you or your company.
3. Deposit directly into Bank Account (Account details provided upon request)

Cancellation Policy

1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.
2. Participants may cancel attendance 14 days or more prior to the training commencement date.
3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

Tailor-Made Courses

We understand that every organization has unique challenges and opportunities as well as unique training needs. Phoenix Training Center offers tailor-made courses designed to address specific requirements and challenges faced by your team or organization. Whether you need a customized curriculum, a specific duration, or on-site delivery, we can adapt our expertise to provide a training solution that perfectly aligns with your objectives.

We can customize this Course to focus on your industry, specific risk profile, or internal stakeholder dynamics. Contact us to discuss how we can create a bespoke training program that maximizes value and impact for your team. For further inquiries, please contact us on Tel: +254720272325 / +254737296202 or Email training@phoenixtrainingcenter.com

Accommodation and Airport Pick-up

For physical training attendees, we can assist with recommendations for accommodation near the training venue. Airport pick-up services can also be arranged upon request to ensure a smooth arrival. Please inform us of your travel details in advance if you require these services. For reservations contact the Training Officer on Email: training@phoenixtrainingcenter.com or on Tel: +254720272325 / +254737296202