Accounting analytics

3 Days

Delivered face-to-face or via ELearning platform

For questions about this course and procedures, or to inquire about our tailor-made courses on citizen participation, please contact us by email at info@saditraining.com, or dial +27 12 846 7118

Course overview

Accounting Analytics explores how financial statement data and non-financial metrics can be linked to financial performance.  In this course, you’ll learn how data is used to assess what drives financial performance and to forecast future financial scenarios. By the end of this course, you’ll understand how financial data and non-financial data interact to forecast events, optimize operations, and determine strategy. This course has been designed to help you make better business decisions about the emerging roles of accounting analytics, so that you can apply what you’ve learned to make your own business decisions and create strategy using financial data.

Who should attend?

• Auditors: Internal, External and Forensic
• Forensic accountants
• Forensic lawyers
• Academic researchers
• Audit regulators
• Preparers of financial statements
• Beginners in any of the above

Detailed course outline

Day 1

• Review of financial statements
• Where to find data?
• Ratio analysis
• Company description
• DuPont analysis
• Profitability and Turnover ratios
• Liquidity ratios
• Forecasting
• Valuation

Day 2

• Overview of earnings management
• Revenue recognition red flags
• Revenue before cash is collected
• Revenue after cash is collected
• Expense recognition red flags
• Capitalizing vs. Expensing
• Reserve accounts and delaying write-off

Day 3

• Discretionary Accruals Models
• Estimating the models
• Cases
• Discretionary Expenditure Models
• Estimating the models
• Refinements and Cases
• Fraud Prediction Models
• Benford’s Law