Introduction:

Welcome to the training program on Analyzing and Presenting Financial Statements and Preparing the Estimated Budget, designed by Global Horizon Training Center. This program is specifically tailored to enhance participants' skills in understanding and interpreting financial statements and preparing accurate budgets. Throughout this training, participants will gain practical knowledge and techniques to effectively analyze financial data and make informed financial decisions.

Objectives:

• Understand the importance of financial statements and their role in decision-making.

• Gain proficiency in analyzing and interpreting financial statements.

• Learn the key components of financial statements (balance sheet, income statement, cash flow statement) and their interrelationships.

• Acquire skills to prepare and present accurate and comprehensive financial reports.

• Develop the ability to prepare estimated budgets and forecast financial performance.

Methodology:

This training program will utilize a combination of interactive lectures, case studies, group discussions, and practical exercises to ensure an engaging and participatory learning experience. Real-world examples and hands-on activities will be employed to reinforce the concepts and skills taught during the sessions. Participants will also have the opportunity to apply their learning through practical exercises and simulations.

Target Audience:

• Financial analysts and managers

• Accounting professionals

• Business owners and entrepreneurs

• Professionals involved in financial decision-making

• Individuals seeking to enhance their financial analysis and budgeting skills

Outlines:

Day 1:

• Introduction to financial statements and their significance in decision-making

• Understanding the balance sheet: assets, liabilities, and equity

• Analyzing and interpreting the balance sheet

Day 2:

• Introduction to the income statement: revenue, expenses, and net income

• Analyzing and interpreting the income statement

• Evaluating profitability ratios

Day 3:

• Understanding the cash flow statement: operating, investing, and financing activities

• Analyzing and interpreting the cash flow statement

• Assessing liquidity and solvency ratios

Day 4:

• Techniques for financial statement analysis: vertical analysis, horizontal analysis, and ratio analysis

• Identifying trends and evaluating financial performance

• Presenting financial analysis findings effectively

Day 5:

• Introduction to budgeting and its importance in financial planning

• Types of budgets: operating budget, capital budget, and cash budget

• Preparing an estimated budget and forecasting financial performance