Financial Statement Fundamentals for SMEs

Understanding how business transactions are reflected in a business’s financial statements and assessing their significance in evaluating financial performance and liquidity is a basic, and critical, skill for bankers and lenders. As lending standards have become tighter, increasing attention is being paid to what the information held in financial statements tells us about the credit worthiness of a business.

This short course provides a practical understanding of the less complex financial statements of small and medium sized enterprises and a brief introduction to their analysis through ratios.

Who should attend?

This course is ideal for individuals working in banking and lending environments who need to develop an understanding of the financial statements of small and medium sized businesses. In particular, the course suits credit officers or managers, lending officers or managers, relationship executives or managers and business banking officers or managers.

What will I learn?

At the end of this short course, you will be able to:

• outline various types of business entities and their attributes
• discuss the purpose and various components of the three primary financial statements
• explain how to use financial ratios to examine the financial aspects of a business
• read, analyse and interpret the components of a simple balance sheet and a simple income statement and statement of cash flows.

What topics will be covered?

• introduction to financial reporting

• the balance sheet

• the income statement

• the statement of cash flows

• analysis and interpretation of financial statements.

How to register

In-house workshops:

Our workshops can be customised and delivered at your premises giving you access to the training you need, when you need it. For more information or to discuss your training needs, please call 1300 728 505 or via email corporatesolutions@kaplan.edu.au.

Kaplan Professional:

How to register? Please check our Calendar of Short Courses to see if the course you wish to attend is scheduled in your region. If it is scheduled in your region, click the relevant course name and follow the prompts.

Expressions of Interest: We can schedule workshops for small groups at mutually suitable times at Kaplan Professional. If you are interested in attending a workshop, please complete an Expression of Interest form to enable us assess the level of interest for that course. We will then place your name on our waiting list for that particular course and will contact you as soon as we have received sufficient interest to run the course. (A minimum of 8 participants is required to run a course.) Scheduled courses may then be open to the public.

For more information, please call 1300 527 526 or email pdmail@kaplan.edu.au.

* The PD points quoted here are intended to be used as a guide only. Your Compliance Manager or Professional Body may assess this program according to their own guidelines. To receive PD points please take this course outline to your Compliance Manager or Professional Body for accreditation.

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