Financial Analysis Fundamentals (CF)
A four-module financial analysis course that demonstrates how to perform a comprehensive financial analysis of any organization using a wide variety of ratios derived from its financial statements.
Corporate Finance Institute (CFI) on-demand courses are designed for finance professionals and industry practitioners who want to master the art of corporate finance and supporting skillsets.
After registering for a CFI On Demand Course, CPA Saskatchewan will send you information on how to access the course within 2 business days.
On completion of the CFI courses, CFI will issue a certificate as supporting documentation for CPD audit purposes.
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The program provides the skills and training necessary to be a complete financial analyst.
WHO WILL BENEFIT:
Aspiring financial analysts working in investment banking, financial planning and analysis (FP&A), equity research, corporate development, and other areas of finance and accounting.
Participants will develop a stronger understanding of financial analysis through four modules:
Module 1 – Analyzing the Income Statement
- Review the various components of the income statement
- Conduct a comprehensive vertical and horizontal analysis of the income statement
- Benchmark income statement performance against an appropriate peer group
Module 2 – Analyzing the Balance Sheet
- Breakdown and define each component of the balance sheet
- Explain overall efficiency ratios: Total asset turnover and net asset turnover ratio
- Explain working capital efficiency ratios: Inventory, accounts receivable, and accounts payable
- Determine how to reduce the working capital funding gap to improve operational efficiencies
- Undertake trend analysis to determine the overall financial performance of a company and
- forecast future performance
Module 3 – Analyze Cash Flow Statement and Ratio Analysis
- Breakdown and understand each component of the cash flow statement
- Understand different types of debt financing tools (e.g. bonds, syndicated loans, and leasing), equity (e.g. common shares and preferred shares), and leverage ratios (e.g. debt to tangible net worth, and total assets to equity)
- Use real-life cash flow statements to assess the operations of a company
Module 4 – Rates of Return and Profitability Analysis
- Unlock the drivers of the return on equity ratio
- Analyze the profitability, efficiency, and leverage ratios that make up the pyramid of ratios
- Understand the links between the pyramid’s primary, secondary, and tertiary ratios
- Construct a pyramid of ratios using a set of published financial statements and perform a complete financial analysis
- Return on Equity (ROE) and Dupont analysis