Financial Statement Analysis - Business Strategy & Competitive Advantage

This publication provides an overview of the purpose and objectives of financial statement analysis, readers explore theoretical concepts of financial information analysis and reporting as it relates to the users of information, their objectives, and the decisions they make. Readers are guided through the technical elements of accounting ratio analysis, in addition to learning about the concept of value and how it is defined in terms of a business model.
This publication is designed to develop an understanding of accounting ratios used in different situations and for different decision-making purposes. The skills acquired enable readers to develop an analytical strategy, taking account of the business model of a company under review, and the users of information in terms of the decisions they need to make or the objectives of the analyst. Readers will be able to calculate accounting ratios such as Return on Capital Employed (ROCE), Asset Turnover Ratio, Inventory Turnover Ratio, and gain insight relating to classes of ratios such as activity ratios, liquidity ratios, and investor ratios. In addition, this publication investigates working capital concepts and calculations such as the working capital cycle, debtor days, creditor days, and inventory days. Join us today and start your journey toward competitive advantage.