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        

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CPD Course Speaker

OmniPro

Elaine Jackson

Today we are joined by Elaine Jackson, Director of Audit and Compliance at Michael Power Accountants, specialising in Audit, Debt Review/Restructuring and Compliance. Michael Power Accountants provide Audit, Accountancy, Tax and Financial Advisory Services to businesses across Munster, operating from our offices in Tipperary Town and Clonmel. Many of you will already know Elaine. Elaine has previously worked with OmniPro as Head of the Accountants Resource Centre and was also a member of OmniPro’s Practice Support team