Financial Analysis for Small and Medium Enterprises
About This Course
Strengthen your financial acumen with our WSQ Financial Analysis for Small and Medium Enterprises course. Specifically tailored for SMEs, this course delves into the nuances of financial planning, interpreting financial statements, and cash flow management. You will acquire the tools to perform ratio analysis, budgeting, and forecasting, equipping you to make informed decisions that contribute to business growth. By the end of this course, you will be proficient in identifying financial risks and opportunities, enabling a more sustainable and profitable business operation.
Take control of your business's financial health by mastering the principles of financial analysis. This course covers essential topics like income statements, balance sheets, and cash flow statements, as well as advanced techniques like sensitivity analysis and valuation. Ideal for business owners, managers, and financial analysts in SMEs, this training provides you with the comprehensive skill set to evaluate financial performance, optimize resources, and strategize for future growth.
What You'll Learn
- understand the financial statements such as balance sheet, income, and cash flow statements.
- evaluate organization’s financial performance from the trend of financial ratios
- analyze financial statements and prepare the organization’s position.
Course Outline:
Topic 1 Understanding Financial Statements
- Overview of Finance and Chart of Accounts
- Balance Sheet Statement
- Profit and Loss (P&L) Statement
- Cash Flow Statement
Topic 2 Analysing Financial Ratios
- Ratios for Corporate Profitability
- Ratios for Corporate Performance
- Equity Changes Statement
Topic 3 Planning & Budgeting using Financial Statements
- Analyse Financial Statements
- Financial Planning
- Capital Budgeting
Entry Requirements
Knowledge and Skills
• Able to operate using computer functions
• Minimum 3 GCE ‘O’ Levels Passes including English or WPL Level 5 (Average of Reading, Listening, Speaking & Writing Scores)
Attitude
• Positive Learning Attitude
• Enthusiastic Learner
Experience
• Minimum of 1 year of working experience.