Practical Financial Statement Analysis
3 days|Delivered on request
This is a hands-on programme. Delegates spend most of the time working through consolidation and revenue recognition on live scenarios rather than listening to theory about them. The practical emphasis is deliberate: audit findings are now a reputational matter as much as a technical one, and reading about the method has repeatedly proved insufficient. Delegates leave able to work confidently with cost allocation, deferred tax and budgeting and variance analysis in their own organisation.
What delegates leave able to do
- Explain cost allocation to someone who does not do the work, measured against GRAP for public entities
- Spot where deferred tax is failing before it becomes a finding
- Take ownership of budgeting and variance analysis rather than escalating it
- Put internal controls on a footing they can defend to a reviewer
What the course covers
- Consolidation
- Revenue recognition
- Cost allocation
- Deferred tax
- Budgeting and variance analysis
- Internal controls
- Financial modelling
Who should attend
- financial managers
- management accountants
- finance business partners
