Make sense of financial statements with our
“Understanding Financial Statements” masterclass!
Whether you’re business owners, managers, supervisors, team leaders,
or simply looking to improve your financial literacy,
this comprehensive masterclass will empower you
to make informed decisions and drive business success.

By gaining a deeper understanding of financial data,
you’ll be able to analyze financial statements with ease
and uncover key trends that drive business growth.

Join us to learn how to interpret financial statements effectively, even if you have no prior accounting background.

 

Understanding Financial Statements

August 1, 2024
2:00pm – 5:00pm

 

ONLINE MASTERCLASS VIA

 

Financial statements tell the story of a business. The abundance of data contained in the financial statements urges the board and management of business organizations to rely upon them in coming up with sound decisions and in plotting the future of the business. More importantly, investors, creditors, suppliers, and analysts depend on the financial statement data in assessing the financial health of a business. Hence, it becomes imperative for both the preparers and users of financial statements to clearly figure out the structure and contents of the financial statements.

This special learning session provides the participants with a comprehensive knowledge on the various elements that comprise the financial statements, including their nature, classification, measurement, and presentation. It covers the accounting information system that the business must put in place to ensure that financial statements are fairly presented and generated on time. Discussions will include the interrelationship of accounts and the links among the different financial statements. The seminar concludes with analyzing the contents of the financial statements to make them more meaningful to users.

 

• Explain the Attributes and Processes That Comprise an Accounting Information System and Their Interrelationship
• Describe the Regulatory Regime, Standards, and Frameworks That Serve As Guide in Financial Accounting and Preparation of Financial Statements;
• Illustrate the Structure and Contents of the Statement of Financial Position, Statement of Comprehensive Income, and Statement of Cash Flows and Discuss Their Relationship
• Demonstrate the Contents and Importance of the Notes to Financial Statements;
• Analyze the Financial Health of a Business Organization Based on the Financial Statements;
• Apply Financial Analysis Techniques To Assess a Company’s Performance and Make Informed Decisions;
• Use Financial Ratios To Identify Trends and Anomalies in a Company’s Performance

 

• Understand the importance of financial statements in business decision-making
• Learn how to analyze financial data to gain insights into your organization’s financial health and performance
• Discover the regulatory requirements and standards governing financial statement preparation
• Master the structure and contents of balance sheets, income statements, and cash flow statements
• Develop skills in financial analytical tools and techniques, such as liquidity analysis, asset management, profitability analysis
• Identify key performance indicators (KPIs) that drive business success
• Develop a deeper understanding of how to use financial statements to inform strategic decision-making

 

Module 1: Key Business Activities

• Financing activities: financing sources, types of financing instruments
• Investing activities: investment decisions, investment instruments
• Operating activities: operating expenses, operating assets
• Role of managers in business activities: decision-making, risk management

Module 2: The Financial Reporting Environment

• Current developments in financial statement preparation: trends, regulations
• Regulatory requirements: accounting standards, financial reporting frameworks

Module 3: The Structure and Contents of the Financial Statements

• Classification of accounts: asset accounts, liability accounts, equity accounts
• Balance sheet: assets, liabilities, equity
• Income statement: revenues, expenses, net income
• Statement of cash flows: operating activities, investing activities, financing activities
• Notes to financial statements: supplementary information

Module 4: Financial Analytical Tools and Techniques

• Liquidity analysis
• Asset management or activity analysis
• Leverage analysis
• Profitability analysis
• Marketability analysis

Module 5: Integrated Tools in Analyzing Business Performance

• Du Pont Method of Financial Analysis
• Financial Leverage

Module 6: Advanced Topics in Financial Analysis

• Ratio analysis
• Trend analysis
• Comparative analysis

Module 7: Applying Financial Analysis in Business Decision-Making

• Using financial analysis in strategic planning
• Using financial analysis in investment decisions
• Using financial analysis in risk management

 

Dr. Rufo R. Mendoza, CPA
Former Vice-Chair for Professional Regulatory Board of Accountancy

Click here for his profile.

 

ONLINE MASTERCLASS

EARLY ACCESS PROMO
Jumpstart Special – Php. 1,199 + VAT per pax
(paid on or before July 17)

Early Bird Rate – Php. 1,399 + VAT per pax
(paid on or before July 25)

GROUP PROMO
Group Rate – Php. 1,299 + VAT per pax
(for 5 – 14 pax)

Super Group Rate – Php. 1,099 + VAT per pax
(for 15 or more pax)

SPECIAL PROMO
Birthday Promo – Free Seat if you register within birthday month
with at least 2 paid pax @ Php. 1,699 + VAT per pax
(Must present proof of date of birth)

Join Now Pay Later Promo – Php1,899 + VAT per pax
(Pay after 30 days from the date of the masterclass)

Student Rate – Php. 850 + VAT per pax
(Must present a valid High School or College student ID)

REGULAR RATE
Php. 1,699 + VAT per pax
(starting July 26)

 

Inclusive of the Masterclass Session, the presentation materials and the Digital Certificate.

 

Looking for customized in-house training in HR, Labor Law, Taxation, Accounting, Supply Chain Management, Soft Skills, or similar areas?

Click here for more information.

 

 

 

IMPORTANT REMINDERS

REGISTRATION.
You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

 

CHECK OUT.
When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

 

BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS.
On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

 

PAYMENT
POWERMAX provides three (3) payment options:
(1) Bank Deposit/Online Bank Transfer
(2) G-Cash
(3) PayPal/Credit or Debit Card Through PayPal 

 

Bank Deposit or Online Bank Transfer / G-Cash
If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

 

IMPORTANT:
Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

 

Payment Through PayPal
If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

 

Masterclass access links.
Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead. 

 

Terms and Conditions.
By registering you agree to our Terms and Conditions and acknowledge our Privacy Policy.

 

Thank you and enjoy!

Keep safe and God Bless!