Course overview

Does your profession/job require you to understand the capital structures of a small or medium business?

Do you want to know how to analyse and understand financial statements and assess business performance?

This course designed to enhance a participant’s understanding of the three main financial statements and linkages between these financial statements (namely the Statement of Financial Position, the Statement of Profit or Loss and the Statement of Cash Flows).

This information is then used in analysing financial performance by way of ratio analysis; the techniques used in analysing the financial position of a company and, having gained that knowledge then to assist in interpreting current and potential future performance.

Integral to these course objectives is that participants will gain an understanding of the concept of accrual accounting, profit, cashflow and other accounting issues relevant to small and medium enterprises.

The course would be particularly beneficial for non-finance professionals and also those who may wish to deepen their understanding of reading and interpreting financial statements (e.g. when providing finance to small companies and businesses).

Note: If you need to understand how to analyse publically listed companies, please refer to Understanding and Analysing Financial Statements.

A Certificate of Completion is awarded upon successful completion.

For more information, please refer to the subject outline.

Subject information

Learning Outcomes

Upon successful completion, candidates should be able to:

1. Read and understand the main financial statements.
2. Understand the linkages between the main financial statements
3. Interpret financial performance using ratio analysis techniques.
4. Analyse financial statements (profit, loss, gearing, and liquidity) for small and medium enterprises

Topics

• Introduction to financial reporting
• The statement of financial position
• The statement of profit or loss and the statement of cash flows
• Analysis and interpretation of financial statements

Fees

Fees

$450 (GST exempt) per participant.

For additional study-related fees click here.

Duration

You will have 12 weeks to complete this course.

Entry requirements

While there are no formal entry requirements, it is preferable that students have a basic understanding of the financial industry.

Individuals are required to be aged 18 years or older to enrol in this course.

Enrolment information

Delivery

There are two delivery methods offered for this course: 

Workshop
Students who attend a workshop will need to complete the online quizzes. Workshops are dependent on sufficient interest.

Online
The course can be completed 100% online. Kaplan’s online learning portal KapLearn enables us to provide you with innovative, interactive learning resources and support. You can access KapLearn from anywhere at any time using a computer or mobile device that has internet access.

KapLearn is where you access subject notes, supplementary learning material, practice activities and assessments. KapLearn is also where you access ongoing support.

Corporate clients should contact our Corporate Solutions Representative on 1300 728 505 to discuss face-to-face delivery options and how we can tailor our training to your business needs.

Enrolment

Workshop
To register your expression of interest in a workshop, contact us on 1300 728 505 or speak to your Business Development Manager. Workshops are dependent on sufficient interest.

Online
To complete this course online, you may enrol online at any time and begin studying online immediately. 

Exemptions

No exemptions are available for this course.

Pathways

Study pathways

Completion of this course is particularly useful for those who want to expand on their business knowledge with specialist insight into Profit and Loss sheets and Assets and Liabilities.

Career pathways

This course is ideal for those who want to gain an in-depth analysis skills in relation to financial statements by using common performance ratios, as well as finance industry participants such as junior investment analysts, credit analysts and relationship banking staff. Financial Planners, finance managers, lending staff and non-finance professionals will also find the course useful.

CPD

Kaplan estimates that completion of this course it is equivalent of 7 CPD hours.

Assessments

For each of the topics there is an open-book, online, unsupervised multiple choice quiz consisting of five questions. You must complete each quiz before you can progress onto the next topic.

You have multiple attempts at passing each quiz.

Students who attend a workshop will need to complete the online quizzes.

Policies

Student policies

Individuals who enrol in a Kaplan Professional course are bound by our published policies, including the policy that sets out our rules for assessment. Individuals can review these policies here. The policies also assist individuals when their study program does not go as planned and they need extra support.

Terms and Conditions

Click here to access our terms and conditions.

Refund Policy

Access our refund policy