Financial Analysis Techniques: How to Find the Hidden Information in Financial Reports
Course Dates: 7 & 14 September 2019 (2 Days)
Course fee: $549* / *Early Bird Price valid until 31 August 2019 (U.P. $599)
SkillsFuture credit can be used for this course. Please click here for more information.
With effect from 19 May 2017, SkillsFuture Singapore will revise the SkillsFuture Credit claims processes. All SkillsFuture Credit payments by SkillsFuture Singapore will be made to training providers instead of individuals.
Please submit your claim via the SkillsFuture website first if you wish to use your SkillsFuture credit.
This interactive workshop delves into the ‘hidden information’ in a company’s financial reports. It will focus on operating ratios and selected relational calculations based on numbers in the financial statements. The purpose is to show relationships between two variables that may not be visible in a casual reading of the financial statements but are important to assessing a company’s overall financial health.
We will discuss some of the most common and useful ratios and how you can best use them to better understand the underlying strength of a company’s health. This workshop will help you master the tools of finance quickly, without explaining deep details that will likely never benefit you.
This is a highly interactive course which will include plenty of short case examples, real life illustrations, reflection, peer sharing, and quiz questions which will help reinforce learning concepts and outcomes.
Key Learning Outcomes:
- Find out how financial ratios can help you to pinpoint investments.
- Discover what the critical financial ratios are and how to calculate them.
- Uncover how to interpret the financial ratios to make investment decisions.
- Dig into how to measure and read how pricey the stock market is using its P-E.
- Look for buy signals from financial ratios analysis.
- Find the right price for a stock using
- discounted cash flow.
- Learn how to measure the ‘fiscal fitness’ of a company using the Altman Z-Score.
1. Using Financial Ratios to Find Out What’s Really Going on in a Company
a) Ratios: Learning What the Numbers are Really Telling You
b) The Universe of Financial Ratios
c) Understanding Variation Among Ratios
2. Which Financial Ratios You Should Know and How to Use Them?
a) Profitability Ratios: The Higher the Better (Mostly)
b) Efficiency Ratios: Making the Most of Your Assets
c) Liquidity Ratios: Can We Pay Our Bills?
d) Solvency Ratios: The Balancing Act
e) Valuation Ratios: How Pricey is the Stock? How Much Are You Paying for a Company’s Earnings?
3. Getting Familiar with the Price-to-Earnings Ratio
a) The 5 Variations of the P-E
b) Using the P-E to Judge Company Market Value (Stock Price)
c) Taking the P-E to the Next Level: The PEG (Is the Stock Pricey or Attractive?)
4. Getting a Handle on a Company’s Valuation
a) Price-to-Book Ratio
b) Dividend Yield
c) Earnings Yield
5. The Building Blocks of Return of Equity (ROE)
a) What Drives a Company’s ROE?
b) Decomposing the ROE into Component Parts – The ‘DuPont’ Analysis
c) Ranking Companies with the Help of ROE and Return on Assets (ROA)
6. Measuring the ‘Fiscal Fitness’ of a Company using the Altman Z-Score
a) Assessing a Company’s Health
b) Spotting a Company in Financial Distress
c) Crunching Many of the Things You Look For into A Single Number
7. Looking for Fundamental Reasons to Buy or Sell A Stock
a) Ten Ways to Identify Potential “Winners” and Weed Out Potential “Dogs”
b) Separating the Strong from the Weak Players
c) In Search of Super Returns in Stocks
8. Ten Ways to Identify Potential “Winners” and Weed Out Potential “Dogs”
In addition to lecture notes and case studies, all participants attending this program will be given a specially-designed checklist for this course by the Instructor called the ‘Ten Ways to Identify Potential “Winners” and Weed Out Potential “Dogs,” which will be a helpful tool for investment decision making in a company.
Why attend this one?
This course cum workshop will help non finance professionals understand the language of finance. The speaker is well-known for his ability to translate complex financial concepts into plain language, and the use of illustrations, examples and real life experiences to help develop/enhance your understanding of finance and accounting.
Mr. S. S. Sandhu FCA, CPA has extensive experience working within the financial markets sector in Asia. He has deep technical knowledge covering listed companies, multinationals, initial public offerings and mergers and acquisitions due diligence gained over 18 years at PricewaterhouseCoopers. He was also the CFO of one of the largest financial institutions in Singapore. He is both a Fellow Chartered Accountant and a Certified Public Accountant and has provided advisory services to many public listed companies, multinationals and government-linked companies on the development of financial reporting standards and changes in regulatory environment. Mr. Sandhu is a highly sought after speaker at financial seminars and courses around the world and has authored and contributed many publications on corporate governance, risk management and international accounting standards. He is highly rated by participants who have attended his programs. He is particularly well-known for his ability to translate complex and difficult financial concepts into plain language, and the use of real life experiences, easy to understand illustrations and case studies to help the candidate’s ability to understand finance and accounting. He adopts a highly interactive approach in his workshops, which makes learning both fun and memorable.
With effect from January 2016, Singaporeans aged 25 years and above who received their SkillsFuture Credit account activation letter will be eligible for an initial credit of $500 which can be used to pay for course fees for a range of eligible courses. SkillsFuture credits can be used for this course.
For more information, please refer to SkillsFuture website.
The Financial Training Scheme (“FTS”) provides funding for financial sector-specific training programmes which are recognized under FTS. This scheme is only eligible for company-sponsored participants who are Singapore Citizens or Singapore Permanent Residents, physically based in Singapore, and who have successfully completed a FTS programme. Financial Institutions (MAS licensed or exempt entities), involved in or supporting financial sector activities, are eligible to submit claims for company-sponsored participants.
For all FTS programmes commencing on or after 1 July 2016, Singapore Citizens aged 40 years old and above will be eligible for 90% co-funding of direct training costs, subject to existing grant caps of S$2,000 per programme. Singapore Permanent Residents and Singapore Citizens below 40 years old will continue to be eligible for 50% co-funding of direct training costs for FTS programmes.
For more information, please refer to IBF website.
For further enquiries, please email email@example.com or call 6327-5438.
(Operating Hours: 9.00am to 5.00pm)
Terms and Conditions
Singapore Exchange reserves the right to make changes to the time, date, syllabus, speakers, venue or cancel the course if warranted by circumstances beyond its control.
Cancellation and Transfer Policy
Cancellation for a registration must be made in writing at least 10 business days before the event and a refund (less a 10% administrative fee of total course fee) will be made. No refunds will be given for cancellations received less than 10 business days prior to the event. All requests for replacement must be made in writing at least 3 business days prior to the event.
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SGX Academy Secretariat
160 Robinson Road
Please provide your name, email, contact number, event title and date on the reverse side of the cheque. Enrolment is contingent upon receipt by Singapore Exchange of full payment and availability of space in the event. A confirmation note will be sent via email 10 business days before the seminar/course commences.