Financial Analysis

Pensions were extensively written about during the last market downturn and in today's environment they are hitting the headlines again. This session demystifies pension accounting, and will teach you enough to be able to read through the pensions disclosure in an annual report with confidence. At the end of this session, you will know what to use and what to ignore in the pension information reported in financial statements.

This full day programme illustrates in detail the various accounting techniques for the financial assets and liabilities. It also covers in detail, hedge accounting, when it is allowed and the impact on the financials of its application.

This module focuses on the hedge accounting rules associated with accounting for derivative instruments. Accounting for the hedged item will be covered briefly, but most of the session time will be spent covering the accounting rules.

This program covers the reporting and analysis of leases.
In some sectors, leasing is a big issue and can cause a lot of noise when doing company comparisons. Consequently, it can be critical to be able to identify the relevant numbers and make the appropriate adjustments in order to compare "like for like." This is done in both a valuation and a credit context.

This program covers the principles of expensing stock options, where fundamental changes in financial reporting have attracted a large amount of controversy. This session leads participants through the logic of the expensing rule along with the implications of how it is applied in practice in financial statements.

This program covers the principles and reporting of taxes in the financial statements.
Accounting for taxes is confusing when first encountered, especially deferred taxes, but everything will fall into place once you “get it.” Consequently, it is worth investing time to become truly comfortable with the fundamentals of accounting for taxes. Once you are there, layering on further tax complexities is relatively straightforward.

Having a sound understanding of the fundamentals is the key to learning quickly and effectively on the desk. So give yourself this time to get to the core of Financial Statement Analysis. In this class you will be doing the calculations using cases and experiencing first hand the issues that affect the real world. This class covers income statement, balance sheet and cash flow statement analysis.

This course uses international companies as case studies using IFRS and US GAAP.

Having a sound understanding of the fundamentals is the key to learning quickly and effectively on the desk. So give yourself this time to get to the core of Financial Statement Analysis. In this class you will be doing the calculations using cases and experiencing first hand the issues that affect the real world. This class covers income statement, balance sheet and cash flow statement analysis.

This course uses international companies as case studies using IFRS and US GAAP.

Having a sound understanding of the fundamentals is the key to learning quickly and effectively on the desk. So give yourself this time to get to the core of Financial Statement Analysis. In this class you will be doing the calculations using cases and experiencing first hand the issues that affect the real world. This class covers income statement, balance sheet and cash flow statement analysis.

This course uses international companies as case studies using IFRS and US GAAP.

This session explains the more complex issues of M&A accounting, including line items in the accounts that have special impact on merger analysis and valuation.