How to Read and Understand Financial Statements Workshop


Financial Statements are essential to business, and the aim of the below workshops is to provide delegates with practical skills in using accounting data to make decisions, and in reading financial statements (Management Accounts and Annual Financial Statements) to effectively manage business, to converse with directors, accountants and bookkeepers on a more interactive level.

How to Read and Use Financial Statements


This workshop is designed to show the entrepreneur, managers, professionals, bookkeepers and other uses of financial statements, how to read and use key data from the financial statements, to understand how a business manages its profitability and cash flow.

The one day workshop uses the three main statements, Income Statement, Statement of Financial Position and Cash Flow Statement, to manage the cash flow cycle from purchases to banking the cash.

By the end of the workshop, candidates will be able to efficiently read the main financial statements, and using a number of key figures, develop a story line of the effectiveness of the business in generating sales revenue through to cash flow.

Key to this workshop is the proprietary integrated financial health analysis workbook, which will generate the information required to read the Financials. You will be able to read any financial statement published after completing this workshop with surprising ease.

Included in the workshop, are the following:

  • Notes detailing the material covered during the workshop
  • Excel integrated Financial Health Analysis Workbook
  • Email Access to the presenter for assistance with the workbook or other related questions


The workshop covers the following topics:

  1. Introduction and definitions
  2. Statement of financial position
    1. Non-current assets
    2. Inventory
    3. Receivables & payables
  3. Taxation
  4. Equity & debt
  5. Income statement
  6. Cash flow statement
  7. How to read financial statements
  8. The Two Step Tango model



For more information contact
Gary Garbutt – General Manager

Office: 086 148 8883


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