Understanding and Analyzing Financial Statements
(Training seminars)
Potential investors that are considering investing their available funds into prospective businesses are
interested in how they can assess their performance. A major tool in assessing business performance is
through the analysis of their financial statements of previous years, thus being able to interpret the
messages of financial statements is invaluable tool for potential investors. On successful completion of the
seminar the participants will be able to understand the different information derived from financial
statements, analyse the financial statements and use the information gained in taking a decision whether to
invest in the business or not.
www.bakertillyklitou.com
Modules
Session Targets
Users of financial statements
and their needs
 Shareholders, Investors, Bank and
other financing institutions,
Government, Tax Authorities, Public
Content of financial statements
including
 Understand the content of
Management narratives, Financial
summaries, Auditor’s reports,
Management commentary, Financial
section of the financial statements
Overview of main ratios
 Understand profitability ratios,
liquidity ratios and investors ratios
Main sections of financial
statements likely to assist in
understanding the business
 Cash flow Statement, Income
Statement, Statement of Financial
Position, Notes to the Financial
Statements. Learn to interprete
statements and calculate/understand
useful ratios
Target audience
This course is mainly intended for Accounts Managers, Accountants,
Auditors, Bank and Cooperative Credit Officers who might deal with
personal and corporate loans and/or financing, Managers of
Investment Portfolios. Other officers who work with financial
statements will benefit from this seminar.
Contacts for
Consulting matters:
Your benefits
Our expertise and experience allows us to assist clients in the
following:
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Assessing their real repayment ability
Refinancing and restructuring existing facilities
Preparing and monitoring the restructuring plan and its
implementation
Considering ways of alternative financing like share capital
raising, bonds issue etc.
Forming strategic alliances with external investors in order to
recapitalize distressed balance sheets.
Relevant expertise
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Trainers with over 15 years of professional training experience
in the areas of NPLs, Working Capital Management,
Performance Management and Management Accounting
Delivered a number of Independent Business Reviews in the
Cyprus market
Advising one of the major banks in Cyprus for setting up their
NPLs Management Division
Antonis Vasiliou, FCCA, ACIB
Senior Manager
Consulting & Business
Advisory Services
an.vasiliou@bakertillyklitou.com
Baker Tilly
Corner C. Hatzopoulou &
30 Griva Digheni Avenue
CY-1066 Nicosia, Cyprus
T: +357 – 22458500
F: +357 – 22751648
www.bakertillyklitou.com
©2014 Baker Tilly Klitou and Partners Limited. All rights reserved. In this document, “Baker Tilly” or “Baker Tilly Klitou” refers to Baker Tilly Klitou and Partners Limited,
registered in Cyprus, which is an independent member of Baker Tilly International, a worldwide network of accounting firms. “Baker Tilly” is a trademark of the UK firm,
Baker Tilly UK Group LLP, used under licence.