Advanced Financial Statements Analysis

An Intensive 5-day Training Course

Advanced Financial Statements Analysis

Evaluation and Interpretation of
Financial Position and Performance

Advanced Financial Statements Analysis

Scheduled Dates

Classroom

15 - 19 Dec 2025 Munich - Germany $5,950 RESERVE A SEAT
29 Dec 2025 - 02 Jan 2026 London - UK $5,950 RESERVE A SEAT
23 - 27 Mar 2026 London - UK $5,950 RESERVE A SEAT
13 - 17 Apr 2026 Barcelona - Spain $5,950 RESERVE A SEAT
08 - 12 Jun 2026 Dubai - UAE $5,950 RESERVE A SEAT
13 - 17 Jul 2026 Amsterdam - The Netherlands $5,950 RESERVE A SEAT
27 - 31 Jul 2026 London - UK $5,950 RESERVE A SEAT
31 Aug - 04 Sep 2026 Paris - France $5,950 RESERVE A SEAT
14 - 18 Sep 2026 Dubai - UAE $5,950 RESERVE A SEAT
09 - 13 Nov 2026 Dubai - UAE $5,950 RESERVE A SEAT
14 - 18 Dec 2026 Munich - Germany $5,950 RESERVE A SEAT
28 Dec 2026 - 01 Jan 2027 London - UK $5,950 RESERVE A SEAT

Online

13 - 17 Jul 2026 Online $3,950 RESERVE A SEAT
09 - 13 Nov 2026 Online $3,950 RESERVE A SEAT

Would an alternative date be more suitable?

We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.

In-House Solutions ›

Why Choose this Training Course?

This interactive Advanced Financial Statements Analysis training course will update and develop your skills of analysing financial information, business activities, and the key risks faced in today’s uncertain economic, political, and physical global business environment. It will guide you through the key steps of analysing financial statements, evaluating new investments, and measuring the performance of your organisation. Throughout this course, the participants will be able to relate their learning to real-world issues and problems and develop their ability to generate growth and improve profitability, as well as pinpointing problem areas for remedial action and will have the opportunity to acquire financial skills and technical knowledge that will enable them to manage more effectively.

Financial statements – income statements, balance sheets, and statements of cash flows – are published annually by all organisations. But what do they mean? Are they telling us the truth? How do they enable us to manage our organisations more effectively and more profitably?

You may think your financial knowledge and know-how are adequate and up-to-date – but it probably is not!

It’s time to wake up and smell the coffee – financial awareness really is crucial for all non-financial managers as well as accountants and financial managers.

This PetroKnowledge Advanced Financial Statements Analysis training course will highlight:

  • The value of the annual report and accounts and other sources of key financial information
  • Use of a range of tools and techniques to analyse and evaluate financial position and financial performance
  • Effective acquisition and use of financial resources
  • Analysis and valuation of capital investment projects and businesses
  • Analysis and management of a business and financial risk

What are the Goals?

By the end of this Advanced Financial Statements Analysis training course, participants will have learned how to:

  • Analyse and interpret an organisation’s annual report and accounts
  • Use ratio analysis to evaluate financial position and financial performance
  • Use analytical techniques to forecast future performance
  • Critically evaluate the impact on financial position
  • Performance of the subjective nature of accounting policies
  • Identify the impact of profit, cash flow and risk on capital investment projects and business valuations

Who is this Training Course for?

This Advanced Financial Statements Analysis training course is suitable for a wide range of personnel from companies, corporations and governmental organisations. In addition to anyone working in the Finance, Accounting, Costing, Budgeting and Planning departments, this training course will greatly benefit:

  • Project Managers and other Professionals
  • CFOs, Controllers and Treasurers responsible for the Financial Management of the Organisation
  • And any other Managers who wish to improve, refresh and update their understanding of analysis of financial information, and application to effective decision-making
  • Senior Accountants

How will this Training Course be Presented?

This PetroKnowledge Advanced Financial Statements Analysis training course will be run along with workshop principles, with formal presentations that include practical illustrations and relevant worked examples used to apply the financial tools and techniques in a real-world environment. Interactive team-based exercises and case studies reinforce the application of each of the learning ideas and topics enclosed. These are reinforced with the help and advice of the Instructor and his extensive real experience and knowledge of financial statements and analysis. Group discussion will promote the exchange of experiences and ideas. Difficult mathematical concepts are minimised wherever possible and handled in a visual way that is easy to understand – our aim is for this to be an enjoyable learning experience.

Organisational Impact

Participants in this Advanced Financial Statements Analysis training course will provide benefits for their organisation through the enhanced knowledge and set of skills that they will take back to the workplace:

  • Awareness of the relevance and importance of financial statements
  • Use of the tools and techniques to monitor and improve business performance
  • Identification of problem areas, and suggested realistic solutions
  • Financial analysis for better informed decision-making
  • Appreciation of the impact of financing on the cost of capital, investment projects and business valuations
  • Identification, analysis and management of business and financial risk

Personal Impact

By attending this training course, you will greatly improve your Financial Analysis skills and develop:

  • Improved understanding of the language of finance and accounting
  • Increased awareness of the tools and techniques of financial analysis
  • An appreciation of the importance of cash flow versus profit
  • Greater confidence to tackle new situations
  • The ability to identify, analyse and manage risk and other problem areas
  • An exchange of ideas and knowledge with other professionals

Daily Agenda

Day One: Introduction to Advanced Financial Analysis
  • Why analyse financial data?
  • Who are the users of Financial Information?
  • Sources of Financial Information
  • Published Annual Reports and Accounts – What is their purpose?
  • The Structure and Contents of an Annual Report and Accounts
  • Creative Accounting, Financial Scandals, and the Agency Problem
  • Corporate Governance, Sustainability, Ethics and Corporate and Social Responsibility (CSR) Reporting
  • The Three Main Financial Statements
    • Income Statement
    • Balance Sheet
    • Statement of Cash Flows
Day Two: Analysing the Annual Report and Accounts
  • Using Ratio and Other Analyses of the Annual Report and Accounts to Assess Financial Position and Financial Performance
  • Profitability and Cost-Volume-Profit (CVP) Analysis
  • Efficiency and Working Capital
  • Liquidity and the Short-term Solvency
  • Investment and Growth
  • Financial Structure and Long-term Solvency
  • Ratio Analysis using Excel
  • Excel Trend Analysis using Common-size Horizontal Analysis and Vertical Analysis for Comparability
Day Three: Analytical Tools, Cash vs. Profit and the Cash Forecast
  • The Dupont System of Ratio Analysis and Pyramids of Ratios
  • Segmental Analysis and Value Added Analysis of the Annual Report and Accounts
  • The Fundamental Statistical Tools and Graphical Representations
  • Using Statistical Techniques to Analyse and Forecast Financial Data
  • The Impact of Alternative Asset Valuation Methods on the Balance Sheet and Profitability
  • Cash flow vs. Profit – The Best Measure of Financial Performance
  • Working Capital and the Cash Flow Operating Cycle
  • Direct and Indirect Cash Flow Analysis and the Cash Flow Forecast
Day Four: Financing the Business, Capital Investment Project and Business Valuation
  • Analysis of the Balance Sheet to Identify Long-term Debt and Equity, and Short-term Financing
  • Capital Cost Models: Cost of Equity using Dividend Growth and Capital Asset Pricing Model (CAPM); Cost of Debt
  • Weighted Average Cost of Capital (WACC)
  • Optimal Capital Structure Models to Minimise WACC
  • Future Values, Present Values, and Discounted Cash Flow (DCF)
  • Using Net Present Value (NPV), Internal Rate of Return (IRR), Modified Internal Rate of Return (MIRR) and Equivalent Annual Cost (EAC) to Analyse and Evaluate Capital Projects
  • The Reasons for Business Valuations
  • Business Valuation Models
Day Five: Analysing and Predicting Corporate Failure, Business and Financial Risk
  • Predicting Financial Distress and Corporate Failure – The Altman Z-score Model
  • Risk and Uncertainty
  • Risk Analysis using Expected Values, Standard Deviation and Coefficient of Variation
  • Sensitivity, Simulation, Scenario and Break-even Analysis Techniques
  • The Analytical Tools to Manage Risk
  • Systematic Risk, Unsystematic Risk, Business Risk and Financial Risk
  • Financial Risk– Interest Rate and Foreign Currency Exchange Rate Exposures
  • Using Insurance, Hedging and Derivatives to Mitigate and Minimise risk

Certificate

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.

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Frequently Asked Questions

PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.

Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.

PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule

Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.

Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.

Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.

You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.

Pre-Course Cancellation

Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees.

Refund Policy Disclaimer

All course bookings made through PetroKnowledge are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.

PetroKnowledge reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.

If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.

For corporate fees and group registration, please send your query to [email protected].

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