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

Non-Current Assets

This session illustrates the difference between tangible and intangible assets and their use in a business. Delegates learn about purchasing, depreciating/amortizing, selling tangible and intangible assets and how these transactions are reflected in the financial statements.

 

Learning outcomes

  • Difference between tangible and intangible assets
  • Difference between identifiable intangibles and goodwill
  • Finite life vs. indefinite life intangibles
  • Capital expenditure and asset sales
  • Depreciation, amortization and impairments
  • Impairment testing
  • Finding information in the financials
  • Account analysis - inflows and outflows (B-A-S-E)
  • Asset efficiency ratios

Cash Flow Statements

Delegates learn how to build cash flow statements using historical and forecast balance sheets. The relationship between cash and changes in assets, liabilities and equity accounts is analyzed in detail, allowing delegates to understand the full integration of the income statement, balance sheet and cash flow statement. The cash flow session is particularly relevant as a foundation for modeling skills.

 

Learning outcomes

  • The components of the cash flow statement
  • Why the cash flow statement is a reconciliation of two balance sheets
  • How to divide a company's balance sheet into operating, investing and financing activities
  • Calculate a cash flow statement from two balance sheets and an income statement
  • Asset sales and impairments/restructuring
  • EBITDA as proxy of operating cash flow and potential pitfalls

Debt and Equity

In this session delegates learn how companies finance their operations. The characteristics of debt and equity are analyzed, including how to account for new debt and equity issues. Various kinds of debt instruments are identified and the main equity accounts are examined. Finally some of the most important ratios are covered.

 

Learning outcomes

  • Debt disclosure in published financial data
  • Bank debt and bond issues
  • Net debt
  • The difference between authorized, issued and outstanding shares
  • Common stock and additional paid-in capital accounts
  • Share issues and repurchases
  • Dividends and interest payments
  • Coverage and leverage ratios

"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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