Financial Information Essentials – NIRI Virtual

4 hours Introductory Skills

If you would like to get to grips with the jargon of earnings releases and annual reports and understand how a company’s financial statements work, this is a great introductory 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 profit margins – everything you need to get started with financial information.

Outcomes

• Get to grips with the financial jargon of earnings
• Understand the financial statements & what they’re telling you
• Learn about the headline numbers, key metrics and financial ratios

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 for 4 months to the following eLearning course which will help you consolidate your knowledge:

• The Basics of Business Finance (Essentials Course)

What you will learn

Accounting Essentials

• Introduction to financial statements
• Key jargon and concepts (including capex, opex, goodwill, depreciation, amortization & impairment)
• Perspectives of key target audiences on earnings

Interpreting the Numbers

• Interpreting financial performance – where to start
• Different levels of profits – gross profit, EBITDA, operating income etc and who uses what
• One-off items and adjusted/non-GAAP numbers
• Profitability metrics (profit margins, interest cover and return on capital)
• Key issues to consider in the balance sheet (investment in capex and working capital, level of debt/leverage, long-term liabilities etc)
• Free cash flow and why it is so important

Working with Earnings

• Identifying the headlines
• Components of a great earnings release
• Real company examples

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