Fundamental Analysis. Understanding Financial Statements

Fundamental Analysis of Stocks and Shares for Long term investment. A Conceptual course for students across the Globe.

Fundamental Analysis. Understanding Financial Statements
Fundamental Analysis. Understanding Financial Statements

Fundamental Analysis. Understanding Financial Statements udemy course

Fundamental Analysis of Stocks and Shares for Long term investment. A Conceptual course for students across the Globe.

What you'll learn:

The Art of Reading Financial Statements – Practitioner Level

  • Establish information sources & download the latest financial report & identify accounting standards used IFRS, US GAAP or Local GAAP.
  • Understand & identify main corporate governance elements: Determine corporate governance 1- or 2-tier model and external regulation.
  • Understand the role of the statutory auditor, if audited, identify the statutory auditor, tenure of the statutory auditor and audit opinion.
  • Understand the scope of consolidation (& unconsolidation) of the company
  • Be able to do a vertical analysis of the balance sheet and understand material assets & liabilities in the balance sheet
  • Identify sources of capital, including long-term debt, related schedule, the cost to service long-term debt, including interest coverage ratio, equity capital source
  • Deepen understanding of value creation for shareholders by understanding ROIC & WACC
  • Understand the profitability of the company by analysing revenue segments & cash-generating assets, understand operating cash flow & working capital vs other cash flows
  • Be able to read earnings information including EPS, NOPAT, EBITDA, EBIT & net income

Requirements:

  • Being interested in companies
  • Have a minimal knowledge of how companies & businesses in general work
  • Wanting to learn how to read financial statements

Description:

The Genesis

Fundamental Analysis and Technical Analysis are two divergent aspects of Stock Market. If you are looking at investing in Stock Market or Shares for a long term, then it is essential for you to conduct a Fundamental Analysis of the Stocks you intend to invest in. Fundamental analysis involves Industry Analysis, Company Analysis and Analysis of the Financial Statements. While Industry and Company Analysis are subjective and based on general reading material and business news, Analysis of Financial Statements is an Objective thing based on Facts and Figures ultimately culminating in Ratio Analysis based on which you make long term decisions.

The Void

While investors appreciate the necessity of reading, understanding and analysing the financial statements, most small time investors are not able to do so because they do not find a suitable instructor or a course which gives a logical and structured explanation in a simple understandable format. Financial statements at the face of it appear something complicated, which actually they are not. Explaining such financial jargons to non-finance people itself is an art and there is a clear void in this area.

Intent of this Course.

In this course hosted by PRUDENCE Engineering and Financial Consultants, Col (Dr) Shabbar Shahid, an Army Veteran and a post graduate in Engineering and Finance with a Doctorate in management explains how an investor or any person can read, understand and analyse the financial statements and do ratio analysis of any business to determine the financial health of that business. This would help not only in financial analysis of a business but also helps to identify good stocks for long term investment. The intent is to impart conceptual knowledge combined with practical applications.

Layout and Content

The course is spread over five sections containing over 45 lessons over a period of almost six and a half hours. Section 1 explains the Balance Sheet in detail. Section 2 explains the Income Statement also known as PnL statement. Section 3 explains the Cash Flow statement. Section 4 explains some Ratio Analysis and Section 5 is a space for add on lessons where the instructor tries to answer the questions from students through add on video lessons.

Prospective learners

This course is ideal for Value Investing and will be of immense benefit to those who intend to invest in Stock market as well as those who are already investing but with limited knowledge inputs.

This course will help the students of finance, commerce and those pursuing or intending to pursue management courses in any subject to build their professional career on sound knowledge.

Students of other disciplines like science, engineering and humanities who are interested in managing their personal investments will also find this course very useful.

If you own a business or are an employee responsible for growth of your company or if you are planning to invest in any company and if you are not familiar with reading the financial statements, then this course shall be of great help to you. You must at least have a look at the preview.

This course in Not specific to Indian stock market or US stock market or indices like Nifty, Sensex, NASDAQ or Dow Jones but a conceptual course applicable to all stock markets across the globe.

End Result and Key Takeaways

On completion of this course, the students will be able to read, understand and analyse the financial statements and do ratio analysis of any business from investment point of view.

Students will have a clear understanding of concepts like Assets, Liabilities, Retained earnings, Debt Equity, Current Assets, Current Liabilities, Working Capital, Top line-Bottom line, Revenue, Expenses, EBIT, Net profit, Cash flows from operating activities, Investment activities and Financing activities.

Difference between Face value- Book value and market value and various ratios like EPS, PE, Debt Equity and Current ratio have been explained from the basics in a simple manner which one does not find in books.

The contents of the 3 financial statements viz. the Balance sheet, the PnL or income statement and the Cash flow statement and their relevance have been explained threadbare in detail for any non finance person to understand easily. Figures for the past 5 years have been analysed to explain how one can determine the growth of a company or otherwise.

The real-life financial statements of a company have been used to explain the contents, refraining from any hypothetical examples.

It is an educational course to enhance your knowledge. The instructor knows the subject well and speaks to the point without any glamour, frills or divergence thus, respecting the value of time.

Legal Disclaimer:

This course is purely for educational purposes. Investment and trading in stock market involves financial risk. Students taking this course are advised to exercise due diligence before making any investment or trade in stock market. The instructor or any party related to this course or it's content will not be responsible for any kind of loss to anyone in anyway, due to this course.

Who this course is for:

  • Students of Finance and Financial Management and those who are looking forward to a successful career in the field of finance and investment
  • Those who invest or are interested in investing in stock market
  • Students of commerce and business courses and who look forward to become CFA, CFO or Finance managers or Financial Analysts
  • University and College students who would like to enhance their finance and investment knowledge
  • Business owners and Entrepreneurs who would like to analyse the financial strength of their own business
  • Students aspiring to become financial analyst, Financial consultants or Finance managers
  • Anyone who is keen to learn Finance and Investment or Financial Analysis
  • Stock market investors who would like to enhance their ability to evaluate stocks for long term investment
  • Students undergoing professional courses in Finance like CFA, CA, MBA etc for better understanding of the subject
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Course Details:

  • 6.5 hours on-demand video
  • 44 downloadable resources
  • Access on mobile and TV
  • Full lifetime access
  • Certificate of completion

Fundamental Analysis. Understanding Financial Statements udemy free download

Fundamental Analysis of Stocks and Shares for Long term investment. A Conceptual course for students across the Globe.

Demo Link: https://www.udemy.com/course/understanding-financial-statements-for-stock-selection/