This basic accounting course, designed and delivered by the experienced trainers at Capital City Training Ltd, aims to teach delegates how to analyse and interpret company accounts.
Beginning with exploring fundamental accounting concepts, the programme then goes on to show delegates how to calculate the key operating and performance metrics used in valuation and credit assessment. This core accounting course will also show delegates the most common accounting adjustments made to these metrics to make them comparable across companies with interesting corporate structures, for example, those involving pension deficits and leasing.
At the end of the course – which, in many ways, is intended to be a comprehensive introduction to accounting – delegates will understand:
- The basic principles of double entry accounting
- The components of accounts and their significance in measuring value and credit risk
- The most common metrics used by analysts to value businesses and assess creditworthiness, and how to calculate them and adjust them
Who should attend?
- Finance and accounting
- Fund managers
- Trainee equity analysis
- Trainee credit analysis
- Legal and compliance
- HR and training
- Risk management
It will also strengthen the knowledge of new entrants, including those wishing to pursue a new career in finance.
- An explanation of the generally accepted accounting principles (GAAP), IFRS, UK and US,
and the differences between them
- Balance sheet definitions and key metrics for performance and valuation
- Income statement, revenue recognition and presentation
- Cash flow statement, key metrics and format differences
- The concept of working capital and its importance
- The interaction between the accounts and building accounts
- Profit and valuation metrics – EBIT, earnings and earnings per share & P/Es
- Cash flow valuation metrics – EBITDA, free cash flow (per share) and enterprise value