London

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Who should attend the course?

  • New hires who have joined the firm late and missed the in-house program
  • Individuals looking to fill a knowledge gap
  • Experienced bankers looking to refresh their technical skills
  • Teams employed in financial strategy roles from non-banking corporations
  • Graduates preparing to interview for a role in the finance sector
  • Students at business school and looking for a career in finance

Course details

Accounting Fundamentals

The aim of this session is to provide delegates (particularly those who have no prior knowledge of finance) with an introduction to financial statement analysis. The income statement, balance sheet and cash flow statement are introduced, and the key interactions between the income statement and balance sheet are explained. Delegates will build simple financial statements using a list of transactions.

 

Learning outcomes

  • The structure of financial statements
  • The income statement
  • Balance sheet
  • Cash flow statement
  • Key links between the financial statements
  • How business transactions are reflected in the financial statements

Income Statement

Throughout this module delegates analyze a group of companies in the food manufacturing industry in order to calculate several income statement metrics. The matching/accruals concept and its impact on the income statement is covered in detail and the link between the income statement and the retained earnings account is investigated. Profitability is analyzed in various ways, using real companies’ financials to calculate key indicators of operating and financial performance. Delegates complete a full profitability comparison for the peer group.

 

Learning outcomes

  • Sales recognition
  • Fixed and variable costs
  • Accrual accounting, link between earnings and cash flow
  • Expenses or assets – key concepts explained
  • Adjusting cost of goods sold and selling, general and administrative expenses for depreciation and amortization
  • Adjusting earnings for non-recurring items to produce normalized earnings estimates
  • EBITDA, EBIT, net income and EPS
  • Margin calculations

Working Capital

This module provides delegates with an understanding of the importance of working capital in the context of a company's financing structure and cash flows. The difference between working capital and operating working capital is analyzed using several ratios. Delegates complete a working capital analysis for the peer group.

 

Learning outcomes

  • Inventories, receivables, payables, prepaid items and accruals
  • Definition of working capital and operating working capital
  • Operating working capital and the cash cycle
  • Working capital ratios and day calculations

"It's great to have access to the AMT online platform. I found the videos and quizzes really useful to refer back to after my public course. The videos in particular were simple and easy to understand." ~ analyst, private equity firm

View video to get a flavour of the course

Course materials

While this is a face to face training course, a blended learning approach is taken and delegates will be provided with access to AMT Online. Our study materials contain both the knowledge and practice materials required to assist with the learning process and help you in your job role. Course materials include:

 

  • printed course binder with copy of the slides
  • laminated summary sheets
  • 24/7 access to AMT Online (AMTO)
  • class recordings
  • course notes
  • quizzes
  • electronic homework/study files

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