Understanding, analyzing and interpreting company figures

Legal and regulatory aspects in accounting

• Commercial law principles and framework conditions.
• HGB versus IFRS.
• The essence of double-entry bookkeeping.

Understanding company figures

• The liquidity plan: Content and components of overall liquidity, time and content essay points, pitfalls and challenges in liquidity planning. Excursus: Strategic and operational corporate planning.
• Income statement: types of revenue and expenses, cash and non-cash components, significance and informative value, liquidity versus profitability.
• The balance sheet: how assets and liabilities are created. Tangible and intangible assets, transitory and accrued items, reserves versus provisions, the challenge of the balance sheet date.
• The cash flow statement: components of corporate liquidity, operating liquidity and working capital, structure, calculation and informative value of the cash flow statement.
• Is there an optimal cash flow?
• Case Study: Create liquidity planning, P&L, balance sheet and cash flow statement yourself.

Analyzing and interpreting company figures

• Motivation financial analysis: Who does it and why?
• Guide to structured and professional financial analysis.

Qualitative company analysis

• Core business and key figures.
• Factors influencing the economic environment.
• Factors influenced by competition and lifecycle.

Quantitative company analysis

• The challenge of financial ratios: The diversity dilemma.
• Measures of liquidity, profitability, stability and efficiency: calculation, application, significance.
• Case study: Financial analysis using a company example.
• Case Study: The company without a name - how would you decide?