Financial Analysis and Forecasting - Module I

Bucharest 23 September 2019 - 24 September 2019

Trainer: Laura Obreja Brașoveanu

Details

The financial analysis provides the tools and techniques to analyze the financial statements in order to make a financial diagnosis of the company's profitability and risk, according to which the strengths and weaknesses of the management can be formulated. Thus, it can be substantiate the strategies for maintaining and developing the company.
The financial forecast provides the specific tools and techniques to predict the company's financial statements, depending on the planning and financial strategy (related to its investment, financing and working capital policies).
The objective of the program is to transfer the theoretical knowledge in a quick and practical way through case studies, developing the skills of non-bank and business finance specialists.

Target group

Directors, financial analysts or auditors of insurance companies, pension funds, portfolio analysts in the SSIFs, SAI, CFOs of private companies of any size.

Course objectives

At the end of the program, the participants will have the skills to:
• Analyze the environment specific to financial management
• Calculate and interpret financial balance indicators on the basis of the balance sheet
• Calculate and interpret financial performance indicators based on the profit and loss account
• Calculate and interpret treasury flows
• Assess the company's financial performance,
• Assess the financial risk of the company,
• Identify the stages of the financial forecast;
• Select financial forecasting techniques
• Develop a sales forecast
• Identifies realistic forecasting assumptions
• Build the forecasted financial statements
• Analyze and interpret the financial forecast.

Subjects

1.Introduction to financial analysis and forecast
• The role of financial analysis;
• Principles of financial management;
• The objective of financial management;
• Methodology of financial analysis;
• Identify the macroeconomic, sectoral and other relevant issues for financial analysis and forecasting.

2. Balance sheet analysis;
• Analysis of the financial balance;
• Analysis of the structure of the asset / equity and of the debt;
• Analysis of assets / equity and liabilities dynamics;
• Risk analysis - based on rates

3. Financial analysis based on the Income statement analysis;
• Analysis of financial performance based on interim management balances;
• Analysis of the income / expenditure structure;
• Analyzing the dynamics of income / expense items;
• Performance analysis - based on rates

4. Financial analysis based on cash flow statement analysis;
• Establishing the company's capacity to generate liquidity;
• Identification of risk factors for the company's treasury
• Determining cash flows
• Analysis of the structure of payments / payments;
• Analyze the dynamics of receipts / payments;
• Analysis of investment and financing policies and their impact on company performance;
• Determine the treasury flows needed to evaluate the company.