Learning Outcomes

In this free course, you will learn how to:

• Define the purpose of financial statement analysis and the objectivity of individual ratios in different situations
• Recognise the key elements an analysis needs to consider when implementing an analytical framework
• Identify the stakeholders and users of information for the company under review
• Analyse financial performance using a company's annual financial statements and the notes to the published statements
• Calculate key financial statement-based figures like capital employed and working capital
• Assess financial performance using appropriate classes of ratios such as activity and performance ratios
• Compare the performance of different entities using standard ratios and defined concepts to enhance comparability
• Contrast the performance of a single entity between different periods using consistent accounting policies