Corporate Finance - The Importance of Analysing the Financial Statements
Category: Corporate Finance and Investment | Duration: 2hr | Tag: VODIREFOCF224 | Type: Video | Speaker: Elaine Jackson | Date: 29/11/2022 15:40
Course Details
In this session, Elaine focusses on the Importance of Analysing the Financial Statements when making decisions in relation to Investing in a Company, Merging with a Company, Acquiring a Company, Selling your Company or Planning for your Company’s Growth.
It is worth reminding ourselves that within the Directors Responsibilities Statement there is the following sentence; “Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the assets, liabilities and financial position of the company as to the financial year end and of the profit or loss of the company for the financial year and otherwise comply with the Companies Act 2014.
If it is the case that “the financial statements give a true and fair view”, then what are investors/purchases/reviewers overlooking / missing when they analyse the financial statements.
In this session Elaine covers the following topics;
- The Directors Report
- The Accounting Policies
- The P & L
- The Balance Sheet
- The Cashflow Statement
- The Notes to the Financial Statements
- The Key Ratios
- Looking beyond the Financial Statements
CPD Course Speaker
OmniPro
Elaine Jackson
As a member of our Practice Support team, Elaine’s focus is on providing firm’s with assistance and training in the following areas; Anti-Money Laundering, Audit Testing and Walk Through Procedures, Audit Planning and Efficiency, OmniPro Audit Working Paper Demos, Preparing for Monitoring Visits and Post Monitoring Visit follow-ups.
Elaine has over 15 years Accountancy Practice experience which has provided her with a wealth of knowledge across all industries and sectors. Elaine is an AITI Chartered Tax Advisor, a Certified Public Accountant and holds a Diploma in Corporate Finance.
In her previous roles, Elaine has experienced a number of ACA and ACCA monitoring reviews. This experience has provided Elaine with a great understanding and appreciation for the challenges facing Accountants in practice today.
Elaine has over 15 years Accountancy Practice experience which has provided her with a wealth of knowledge across all industries and sectors. Elaine is an AITI Chartered Tax Advisor, a Certified Public Accountant and holds a Diploma in Corporate Finance.
In her previous roles, Elaine has experienced a number of ACA and ACCA monitoring reviews. This experience has provided Elaine with a great understanding and appreciation for the challenges facing Accountants in practice today.