Understanding financial statements and ratios

From: Financial Analyst (analyst@comfitrain.com)
Date: Thu Nov 13 2008 - 17:35:08 ARST


FRANCAIS

Analysis of financial statements
 and business assessment

OBJECTIVE

The objective of this course is to help all participants understand the
importance of financial statements, their components, their meaning and
their usefulness. Through ratio calculations, the participants will learn
to evaluate the financial health of various functions and departments
within their businesses.

TARGET AUDIENCE

V.P. of Finance, Shareholders, Cost-Centre Managers, Members of the
Board, Production Supervisors, Controllers and Accountants

To sign up or for further information, please contact us at
1.877.726.2238

Our web site

 OVERVIEW

  *

     Initiate participants to the fundamental concepts upon which rest
    the application of the accounting principles that are followed by
    businesses in the preparation of their financial statements;

  *

     Pass on basic knowledge about reporting standards for financial
    statements;

  *

     Teach participants how to use accounting information within the
    framework of analyzing financial statements;

  *

     Initiate participants to management accounting tools such as
    budgets, cost-volume-profit analysis reports and operating reports;

  *

     Develop a critical frame of mind with regard to financial statements
    by addressing ethical notions

  *

     concerning the manipulation of results;

  *

     Propose a collection of concepts, methods and instruments which
    allow participants to form a relative appreciation of the business'
    position, when judging performance, the quality of results, and
    vis-a-vis the risks that could affect its position;

  *

     Introduction of various elements of financial statements (balance
    sheet, statement of income, statement

  *

     of retained earnings, cash-flow);

  *

     Description of the elements constituting each item within the
    financial statement and the regulations concerning the evaluation and
    presentation of such financial statements;

  *

     The objectives and analytical methods used in financial statements,
    both in their qualitative and quantitative aspects. (Here, we begin
    the interpretation per se of the financial statements and of the
    notes which accompany them, as well as of the annual report and other
    sources of information available in the data bases);

  *

     The role of the cash-flow statement and its interpretation;

  *

     The study of financial statements, demonstrating the
    inter-relationships between the items in financial statements, the
    use of ratios and the questions that they raise;

  *

     The behavior of costs and cost-volume-profit analysis;

  *

     The budgeting process;

  *

     Cash management (cash-flow budget);

  *

     Operating reports;

VISIT OUR WEB SITE

WHERE AND WHEN

TOTONTO AREA

December 10-11-12, 2008 or February 24-25-26, 2009
Crowne Plaza Hotel, 33 Carlson Court, Toronto

CALGARY AREA

December 16-17-18, 2008 or February 17-18-19, 2009
Executive Royal Inn, 2828 23rd Avenue NE, Calgary

VANCOUVER

December 2-3-4, 2008
Executive Hotel, 7311, Westminster Highway, Richmond, BC

MONTREAL AREA (French sessions)

January 20-21-22, 2009
Hotel Sheraton, 2440 Autoroute des Laurentides, Laval, Qc

QUEBEC AREA (French sessions)

January 14-15-16, 2009
Hotel des Gouverneurs, 3030 boul. Laurier, Ste-Foy, Qc

P.S. Number of places limited to 15 persons per session

To sign up or for further information, please contact us at
1.877.726.2238
Expert in Business Management and Advanced Technologies.

707 du Village, Morin-Heights, QC, J0R 1H0

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