Preparation and Review of Financial Statements and Analysis of Financial Health

This DIXONTECH course provides an in depth understanding of the preparation, interpretation, and review of financial statements, focusing on how to assess and enhance the financial health of an organization. Participants will master the use of key financial ratios, analysis techniques, and reporting principles under international accounting standards to support strategic decision making and financial governance.

TRAINING TOPICS

• Financial statement framework and preparation process
• IFRS principles and compliance standards
• Balance sheet, income statement, and cash flow analysis
• Ratio analysis and performance measurement
• Assessing liquidity, profitability, and solvency
• Reporting insights and communication of financial health

BY THE END OF THIS TRAINING COURSE, DELEGATES WILL BE ABLE TO:

•   Prepare and review financial statements accurately
•   Interpret and analyze key financial indicators
•   Assess financial strengths and weaknesses effectively
•   Apply IFRS principles for transparent reporting
•   Evaluate organizational solvency and profitability
•   Use financial ratios for performance diagnosis
•   Communicate financial results to stakeholders
•   Support strategic and fiscal decision making

TRAINING IS TAILORED TO

•   Financial and management accountants
•   Finance and treasury officers
•   Auditors and financial controllers
•   Budgeting and planning specialists
•   Business analysts and consultants
•   Bankers and credit analysts
•   CFOs and corporate finance executives
•   Public sector financial managers

TRAINING METHODOLOGY

This DIXONTECH program integrates practical workshops, real world case studies, and financial statement simulations. Participants will prepare, review, and interpret financial reports using IFRS based templates, analyze company performance through ratio tools, and evaluate business stability through trend and comparative analysis.

DAY 1

FRAMEWORK AND PRINCIPLES OF FINANCIAL STATEMENT PREPARATION

•   Purpose and users of financial statements
•   Conceptual framework for financial reporting
•   Key accounting principles under IFRS
•   Structure of the balance sheet and income statement
•   Recognition and measurement of assets and liabilities
•   Accrual vs. cash accounting explained
•   Adjusting and closing entries procedures
•   Practical exercise: preparing a trial balance

DAY 2

PREPARATION AND REVIEW OF FINANCIAL STATEMENTS

•   Preparation steps for main financial statements
•   Balance sheet and equity statement preparation
•   Income statement formatting and disclosure
•   Cash flow statement: direct and indirect methods
•   Interpreting notes to financial statements
•   Common accounting errors and adjustments
•   Period end closing process and reconciliations
•   Workshop: preparing full set of statements

DAY 3

ANALYZING FINANCIAL STATEMENTS FOR PERFORMANCE ASSESSMENT

•   Understanding horizontal and vertical analysis
•   Ratio analysis: liquidity, profitability, solvency
•   Return on assets (ROA) and return on equity (ROE)
•   Gross profit margin and operating performance
•   Working capital and efficiency ratios
•   Capital structure and leverage evaluation
•   Case study: financial health of a sample company
•   Discussion: identifying early warning signals

DAY 4

EVALUATING FINANCIAL HEALTH AND RISK INDICATORS

•   Measuring short term liquidity and solvency
•   Profitability trends and sustainability analysis
•   Cash flow adequacy and free cash flow assessment
•   Debt capacity and leverage indicators
•   Forecasting financial distress and credit risk
•   DuPont and Z score financial models
•   Integrating financial and non financial indicators
•   Workshop: financial risk diagnosis and report building

DAY 5

REPORTING, INTERPRETATION, AND DECISION MAKING

•   Presentation of financial results to stakeholders
•   Interpreting ratios for managerial decisions
•   Comparative and trend based evaluation
•   Integrating financial data into business strategy
•   Preparing executive summary and visual dashboards
•   Communicating findings in board level reports
•   Case study: strategic financial performance review