Financial Information Essentials – NIRI Virtual

Two, 2-hour sessions on consecutive days - Introductory Skills

If you would like to understand the jargon of earnings releases and annual reports and understand how a company’s financial statements work, this is a great course. We cover balance sheets, income statements and cash flows – what they mean and how they fit together. We look at key metrics such as revenue, EBIT, EBITDA and net income; and financial ratios such as leverage and profit margins – across a range of sectors. Finally we consider what your key target audiences are looking for in earnings and how you can add value to the earnings process.

Outcomes

• Become familiar with financial jargon of earnings
• Understand the financial statements & what they’re telling you
• Learn about the headline numbers, key metrics, and financial ratios
• Apply your learning to a real company

What's Included

• Access to a virtual classroom with a series of online courses to help you consolidate your learning
• Colour-coded course materials
• A copy of The FinanceTalking Financial Glossary (pdf)
• Email or phone your tutor if you have questions

After the course, you will have access to the following online courses which will help you consolidate your knowledge:

• The Basics of Business Finance (Essentials Course)
• Leverage & How Much is Too Much (Specialist Short Course)
• Adjusted Profits (Specialist Short Course)
• Understanding Cash Flows (Specialist Short Course)

What you will learn

Understanding Financial Information

• Introduction to financial statements
• How income statements, balance sheets and cash flows fit together
• Key jargon and concepts (including capex, opex, goodwill, depreciation, amortization & impairment)
• Different levels of profits – gross profit, EBITDA, operating income etc and who uses what
• One-off items and adjusted/non-GAAP numbers
• How analysts, investors, and journalists use financial information

Working with Earnings

• Balance sheets – key issues for investors, analysts, and the media
• Measuring leverage and deciding what’s appropriate
• Income statements – evaluating performance and asking questions
• Profitability and cash flow metrics
• How profits convert to cash
• Adding value to earnings releases
• Examples from real companies

How you will learn

We use Zoom to deliver our virtual events

• Very simple to use
• Access the event on your laptop or tablet (or even your phone)
• Discussions and case studies via breakout groups
• Quizzes and polls