The Art of Reading an Annual Report

Program

The program is designed to provide simple but powerful analytical tools to participants that aid in drawing useful qualitative and quantitative inferences from an annual report.

Elements of subjectivity
  • Inferences on management quality
  • Management Discussion & Analysis – Different strokes
  • Director’s reports – structure and key observations
  • Understanding the nature of key accounting policies
  • Auditors’ report
  • How to gauge management quality? The key pointers.


  • Guiding structure
  • The laws that regulate Annual report structure
  • Process of consolidation – some fundamentals
  • Understanding the corporate structure
  • Why are corporate structures important?


  • Financial evaluations
  • Capital Employed
  • Capital intensity
  • Margin profiles
  • Volume profiles
  • Industry leverage
  • RoCE and RoE decomposition


  • Case Study
  • Evaluation of an annual report. A Classroom exercise.


  • Participants attending the entire course shall be eligible to receive Participation Certificate from the BSE Institute Ltd.

    Investment Bankers, Equity Analysts, Corporate Finance professionals, Mutual Funds, Broking, Houses, Financial Institutions, Equity Trader, Strategist, Consultants, High Net worth Investors, other capital market intermediaries, Students, Retail Investors.

    1 days
    10.00 am to 5.30 pm

    Rs. 4,375.00 + Applicable Service Tax per participant inclusive of tuition fees, and (morning / evening) refreshments only.

    For further details regarding contents,
    E-mail: training@bseindia.com