Lecture 1 - Financial statement

Preparation of financial statements (balance sheet, profit and loss) – from current assets and liabilities
Horizontal and vertical profit-loss analysis

Lecture 2 - Cash Flow

Preparation of cash flow statement
Relationships between statements and verification techniques

Lecture 3 - Financial diagnostics

Evaluation of the current financial situation of the company according to the ratios, on the example of a practical case in Excel, we will analyze the companies in the field of trade, construction, and services, we will go through the features characteristic of each field.
- Profitability ratio
- Liquidity ratio
- Asset management ratio
- Operating cycle of money
- Financial stability ratios on the example of a practical case in Excel
- Discussion of the ratio of own and attracted funds

Lecture 4 - Financial ratio analyses by business sectors

Assessment of the current financial situation of the company, according to business sectors
- Peculiarities of financial analysis of trading companies
- Analysis of margins
- Analysis of customers and suppliers
- Analysis of stock turnovers
- Commercial analysis
Peculiarities of financial analysis of manufacturing companies
- Self-worth analysis
- Overhead cost analysis
- Production analysis
- Commercial analysis

Lecture 5 - Financial ratio analyses by business sectors & benchmarks

Peculiarities of financial analysis of construction companies
Peculiarities of financial analysis of service sector companies
Comparative analysis techniques and significance
The role of benchmarks in the preparation of the company’s financial analysis

Lecture 6 - Financial model

Cost analysis and determining the optimal cost structure in the company
Selection of financial strategy (Financial Strategic Planning)
How to plan cash flow in the company
Discussing a practical example of a financial model

Lecture 7 - Business valuation

Methods of assessment of return on investment
Time value of money
How profitable investments are selected
A detailed discussion of the discounted cash flow model (DCF Model) of business valuation
Discussion of the investment project and discussion regarding the implementation of the said investment.

Lecture 8 - Case study

Preparation of the final case – selection of one of the Georgian companies and preparation and presentation of the financial analysis of the company on a real example