How to read financial statements?

Finance for Non-finance 

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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

Organisational information

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: Live on-line workshops; 2 days from 9:00 -14:30 (including 1 hour of breaks – 3 x 10min coffee; 1 x 30 min lunch; English
Materials: slides and notes from classes

Proposed dates

  • 22-23 April 2026

Price

1800 PLN netto / 430 EUR (plus VAT)

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Contact us

Aleksandra Marcinkowska

Manager, PwC Poland

Tel: +48 519 507 345

Arkadiusz Radomyski

Senior Training Coordinator, PwC Poland

Tel: +48 571 778 162

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