INTRODUCTION

This program aims to provide a comprehensive understanding of accounting principles, financial statements, and analysis techniques. They also will be exposed how to manage cost application, prepare a budget and given an introduction about capital budgeting. Practical applications and real-world examples will enhance the participants’ ability to apply their knowledge effectively.

DAFTAR SEKARANG

PROGRAM ITINERARY

DAY 1: Understanding Financial Statements

Session 1: Introduction to Financial Statements

Overview of Financial Statements

  • Purpose and importance of financial statements
  • Key components: Balance Sheet, Income Statement, Cash Flow Statement
  • How financial statements interrelate

Regulatory and Accounting Standards

  • Introduction to GAAP and IFRS
  • Understanding compliance and reporting requirements

Session 2: The Balance Sheet

Structure of the Balance Sheet

  • Assets: Current vs. Non-current
  • Liabilities: Short-term vs. Long-term
  • Equity: Shareholder’s Equity and Retained Earnings

Analyzing the Balance Sheet

  • Assessing liquidity and solvency
  • Understanding asset management and capitalization

Session 3: The Income Statement

Components of the Income Statement

  • Revenue recognition principles
  • Cost of Goods Sold (COGS) and Gross Profit
  • Operating and Non-operating Expenses

Analyzing the Income Statement

  • Evaluating profitability and operational efficiency
  • Identifying revenue streams and cost structures

Session 4: The Cash Flow Statement

Understanding Cash Flows

  • Differences between operating, investing, and financing activities
  • Importance of cash flow management

Analyzing the Cash Flow Statement

  • Evaluating cash generation and utilization
  • Assessing liquidity and financial health

Day 2: Analyzing Financial Statements

Session 5: Financial Ratios and Metrics

Introduction to Financial Ratios

  • Liquidity, Solvency, Profitability, and Efficiency ratios
  • Importance of ratio analysis in financial decision-making

Ratio Analysis Techniques

  • Calculating and interpreting key financial ratios
  • Benchmarking against industry standards

Session 6: Advanced Financial Analysis

Trend Analysis

  • Identifying trends in financial performance
  • Year-on-year comparisons and forecasting

Vertical and Horizontal Analysis

  • Performing percentage analysis of financial statements
  • Analyzing changes over time

Session 7: Risk Management and Financial Planning

Identifying Financial Risks

  • Market, operational, and financial risks
  • Mitigating risks through financial strategies
  • Strategic Financial Planning
  • Scenario analysis and forecasting
  • Developing long-term financial strategies

Session 8: Budgeting and forecasting

  • Importance of budgeting in managing finances
  • Type of budgets: operating, capital and cash budget
  • Steps in building a budget
  • Budget control and variance analysis
DAFTAR SEKARANG