Session 1: Financial Statements (1): Statement of Financial Position and Profit and Loss Account 1. International standards reporting regulation 2. Statement of Financial Position 3. Profit and Loss Account 4. Cases Session 2: Financial Statements (2): Cash Flow Statement 2.1. Introduction 2.2. Methods of calculation and reporting 2.3. Interpretation 2.4. Cases and exercises Session 3: Introduction to Financial Statement Analysis 3.1. Introduction 3.2. Trend analysis 3.3. Common-size analysis Session 4: Analysing Profitability 4.1. Introduction 4.2. Financial and Economic performance 4.3. Analysing margins Session 5: Analysing Solvency and liquidity 5.1. Introduction 5.2. Solvency ratios 5.3. Liquidity ratios Session 6: Analysing Efficiency and Market ratios 6.1. Introduction 6.2. Efficiency ratios 6.3. Market ratios Session 7: Sector Analysis 6.1. Introduction 6.2. Cluster analysis 6.3. Cases Session 8: Bankruptcy Prediction 8.1. Introduction 8.2. Discriminant analysis 8.3. Multi-discriminant analysis 8.4. Logit Analysis Session 9: Firm Valuation 9.1. Introduction 9.2. Prospective analysis: forecasting 9.3. Valuation using multiples 9.4. Discounted cash flows model