Duration 6-9 weeks Language English Skill level Beginner
Lectures 6 Certificate Yes Full Lifetime access
In this certificate program you will learn how companies communicate through financial statements. That is, you will learn how to use financial statement analysis as an integral part of the strategic analysis of any company. You will be able to adjust and interpret financial statements, analyze cash flows, assess earnings quality, and evaluate the efficiency of assets and liabilities. Finally, you will apply financial statement analysis prospectively to forecast and value firms using modern accounting-based techniques.
The goal of this certificate program is to provide a comprehensive and up-to-date treatment of the analysis of financial statements as an aid to decision making. Topics covered include: financial ratio analysis, the effect of various accounting alternatives on financial ratios, forecasting accounting and financial numbers, use of financial statement information, financial distress prediction, and corporate restructuring.
The course will be taught using a combination of examples, discussion questions, cases and homework problems. We will learn new concepts using various firms’ historical and current financial data. To achieve these objectives, we will learn a framework for business analysis and valuation.
The emphasis of the certificate program will be on the following course goals:
Use financial statement analysis as an integral part of the strategic analysis of any company
Adjust and interpret financial statements, analyze cash flows, make judgments about earnings quality and efficiency of assets and liabilities
Apply financial statement analysis prospectively to forecast and value firms by applying modern accounting-based technologies
The certificate program is appropriate for the all those that wish to develop professionally, increase their financial statement and company valuation skills and knowledge, and seek career advancement by getting certified.
Course start: Anytime
Language: English
Duration: 6-9 weeks (depends on your pace)
Format: Online
Commitment: 7 – 10 hours per week
Certificate: Awarded by SSBM Geneva
Fee: 599 EUR
This certificate program is designed for individuals who are looking to get top notch knowledge on the topic of Financial Statement analysis & Company valuation and who might or might not have received formal training in this area.
This certificate is unique in that it provides a framework for business analysis and valuation, which includes: 1) Business Strategy Analysis, 2) Financial Analysis, 3) Accounting Analysis, and 4) Valuation/Prospective Analysis.
One of the major outcomes of this certificate program is its emphasis on financial engineering, enabling students to acquire the knowledge necessary to create financial models in Excel using all relevant financial formulas. Students will apply these models in the analysis of accounting reports such as the balance sheet, profit and loss account, and cash flow statement, with the goal of analyzing the firm’s risks, performance, and returns for owners. At the same time, students will learn how to calculate various ratios, including profitability, liquidity, leverage, efficiency, and market ratios, and how to value a company through dividends, FCF, and multiples under different capital structures. They will also conduct scenario analysis, break-even analysis, and sensitivity analysis. A variety of small and large Excel case studies from different foreign capital markets will be used to teach students how financial statement analysis and company valuation work in practice.
This certificate will bring you a diploma: “Certified Financial Analysis and Company Valuation Professional” that is delivered by SSBM Geneva.
I chose to study at SSBM, because it gives me flexibility to combine online and onsite learning.
The thing I like the most is definitely the possibility to organize studying time on my own, as well as the deadlines for all the projects. The whole program is very approachable and easy to follow.
SSBM truly offers high quality education. The course material allows you to apply academic theory to real-world examples from the global business world in an easy manner.
I am quite impressed with the program, most importantly the quality of the education and the professors. It has been wonderful and I would recommend the program. I also gained and increased my productivity as a manager
I chose SSBM as an excellent continuation of my education and combining my professional knowledge with theory and practice of the lectures. SSBM allows flexibility with my personal life and professional life as well as achieving my goals.
The goal of this certificate program is provide a comprehensive and up-to-date treatment of the analysis of financial statements as an aid to decision making. Topics covered include: financial ratio analysis, the effect of various accounting alternatives on financial ratios, forecasting accounting and financial numbers, use of financial statement information, financial distress prediction, and corporate restructuring.
The total fee* for the certificate is: 599 EUR
*There are no other hidden costs.
There are no formal prerequisites for this certificate program.
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1 |
Introduction to Financial Analysis
After this topic the students will learn to : explain and analyze the Balance sheet, Income Statement, CF Statement tasks, use and interpret different ratios (liquidity, profitability, leverage, efficiency and market ratios. Student will be able to determine the performance of the company and associated risks with ability to propose the necessary restructuring measures in order to increase the company value and to reduce the operational and financial risks.
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2 |
Business planning and Budgeting
After this lecture the students will learn to : forecast future Balance sheet, Income Statement and CF statement. Using historical figures the students will predict the future trends of its company in different scenarios. This is important as a necessary steps for students to learn how to value the company in future.
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3 |
Working Capital Management
After this topic the students will learn to : Calculate current assets such as Receivables, Stocks, Cash and to calculate current liabilities such as Payables, short term debts etc. The students will learn how to determine the NWC, cash conversion cycle and how to finance using different instruments cash gaps. This topic important for students in order to learn how to keep financially stable and liquid company on short term basis and to how use NWC as one of the component of Company Valuation.
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4 |
Business Valuation
After this topic the students will learn to : valuate company based on intrinsic methods such as FCF, dividends and extrinsic methods such as multiples. Students will use different models in excel with many assumptions in order to determine the value of any company in different scenarios (bets case, worst case, central case). Using inputs such as Balance sheet, P&L, DCF, NWC, CAPEX, Terminal value, WACC etc students will learn how to build the financial models in excel and to do the simulations of firm’s value with focus on profitability, liquidity, efficiency, leverage etc.
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5 |
M&A
After this topic the students will learn to : apply different methods for merger or acquisition of different companies in different industries. Students will have a possibility to see different cases of successful and less successful M&A transactions in world. Students will learn different motifs for M&A, steps in preparation the M&A transaction, due diligence aspects and other prerequisites for a successful M&A. |
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6 |
Dividend policy
After this topic the students will learn to : calculate future dividends using different intrinsic and extrinsic methods, see differences between active and passive dividend policy, determine the importance of dividends on company value and how to interpret the level of dividends on company performance, company risks and shareholders wealth. This topic is important as its represents one of fundamental method of company valuation.
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7 |
Risk Measurement
After this topic the students will learn to : determine the risk of any company using indicators such as variance, covariance and standard deviation. Such financial tools will be used to compare the firm with its benchmarks and with different industries in a specific portfolio of securities. Students will also learn how to apply the Capital Assets Pricing Model (CAPM) in measuring the relations between the risk and return in different companies. CAPM model is particularly important to determine the return on investment for investors and to use it in company valuation as cost of capital. |
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8 |
Accounting Manipulations
After this topic the students will learn to : differentiate accounting manipulations and creative accounting. Students will see many case studies form different industries in world where accounting manipulations were used (accounting scandals). This lecture will help students to learn from bad examples manipulation techniques, how to reach the fair presentation of financial statement and how to increase the company value respecting the International and National standards and legal accounting requirements. |
Course will cover each topic with several online video lectures.
To pay for the certificate go HERE.
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