How to read financial statements?

Finance for Non-financeĀ 

working_people

The purpose of the program is to make participants familiar with key financial reports prepared by companies. Training will be based on International Financial Reporting Standards (IFRS).

Learning objectives

  • Become familiar with financial reporting concepts and rules
  • Understand information provided in financial statements
  • Be able to link elements of financial statements
  • Critically evaluate results using ratio analysis
  • Be able to differentiate between creative accounting, creative aggressive accounting and fraud

Proposed program

  • Differences between financial and management of accounting
  • Basic terminology
  • Key accounting policies and concepts
  • Format and content of financial statements
  • Links between elements of financial statements
  • Discussion of key elements of assets and liabilities paying attention to valuation, presentation and key issues
  • Working capital management
  • OPEX vs CAPEX
  • Format and presentation
  • Revenue recognition
  • Various profitability levels
  • Other comprehensive income
  • Various categories of capitals
  • How to account for dividends
  • Cash accounting concepts
  • Methods of preparation and presentation
  • How to interpret information provided in the statement
  • Issues to consider before starting the analysis
  • Ratio analysis, including profitability, liquidity, gearing and investors ratios

Dedicated Tutor

Astrid Zakrzewska, FCCA, FCMA, CGMA 

  • Astrid has over 20 years of experience in training in the field of finance and accounting.
  • She specialises in trainings in the fields of management accounting, financial and strategic management, having conducted over 25.000 hours of trainings and workshops in Poland and abroad.
  • She has conducted courses preparing for CIMA, ACCA and CIA exams.
  • In the years 2002-2005 she held the position of finance and administration director at TVN S.A.
  • In the years 1993-2002 she worked at PricewaterhouseCoopers in the assurance department, where she specialised in auditing financial sector institutions, including investment funds.


 

Organisational information

Proposed dates

  • 15-16.10.2026 (09.00 am to 2.30pm Warsaw time)

Price

1800 PLN netto / 475 EUR (plus VAT)

Target group

Non-finance specialist and managers who cooperate with finance department or make decisions based on financial information provided by companies.

Format, Materials and language

Language: English
Materials: slides and notes from classes

Join the community of conscious professionals

Contact us

Aleksandra Marcinkowska

Manager, PwC Poland

Tel: +48 519 507 345

Arkadiusz Radomyski

Senior Training Coordinator, PwC Poland

Tel: +48 571 778 162

Follow us