Masar-Fintechمسار
FS

Financial statements and analysis

Read, connect and analyse the three statements, then write the paper a board can act on.

Stage 1: Beginner 10 episodes

  1. FS-E1Why statements exist and who reads themComing soon
  2. FS-E2The balance sheet: what the business owns and owesComing soon
  3. FS-E3The income statement: from revenue to profitComing soon
  4. FS-E4The cash flow statement: where the cash wentComing soon
  5. FS-E5How the three statements connectComing soon
  6. FS-E6Profit is not cash (curriculum sample)Coming soon
  7. FS-E7The equity statement and the notesComing soon
  8. FS-E8From trial balance to statements: where the numbers come fromComing soon
  9. FS-E9Read an annual report in 30 minutesComing soon
  10. FS-E10Common-size and trend analysisComing soon

Stage 2: Intermediate 14 episodes

  1. FS-E11Margins and growthComing soon
  2. FS-E12Liquidity and the cash conversion cycleComing soon
  3. FS-E13Working capital in depthComing soon
  4. FS-E14Leverage and coverageComing soon
  5. FS-E15Return ratios and DuPontComing soon
  6. FS-E16ROIC and capital employedComing soon
  7. FS-E17Cash flow analysis and free cash flowComing soon
  8. FS-E18Revenue recognition through the analyst's eyeComing soon
  9. FS-E19Inventory and cost of sales analysisComing soon
  10. FS-E20Long-term assets: capitalise, depreciate, impairComing soon
  11. FS-E21Leases, provisions and contingenciesComing soon
  12. FS-E22Taxes in the statements: effective and deferredComing soon
  13. FS-E23The notes that change your viewComing soon
  14. FS-E24Peer and industry benchmarkingComing soon

Stage 3: Advanced 12 episodes

  1. FS-E25Quality of earnings I: recurring profit and accrualsComing soon
  2. FS-E26Quality of earnings II: creative accounting and red flagsComing soon
  3. FS-E27Balance sheet qualityComing soon
  4. FS-E28Cash flow gamesComing soon
  5. FS-E29Segment reportingComing soon
  6. FS-E30Group accounts for analystsComing soon
  7. FS-E31FX in the statementsComing soon
  8. FS-E32Credit analysis I: the lender's viewComing soon
  9. FS-E33Credit analysis II: covenants and the credit memoComing soon
  10. FS-E34Forecasting the three statementsComing soon
  11. FS-E35Valuation I: multiplesComing soon
  12. FS-E36Valuation II: DCF basicsComing soon

Stage 4: Expert / Leader 8 episodes

  1. FS-E37The one-page analyst viewComing soon
  2. FS-E38The board paper on a company analysis (delivery skills: Personal brand E24)Coming soon
  3. FS-E39Presenting to a lenderComing soon
  4. FS-E40IFRS 18 and the new income statementComing soon
  5. FS-E41Analysis at scale and AI with controlsComing soon
  6. FS-E42Leading the analysis functionComing soon
  7. FS-E43Full case: a company analysis for the boardComing soon
  8. FS-E44Full case: renewing the bank facilityComing soon