Basic Program on Understanding Annual Reports


The program is designed to equip the participants with the knowledge and understanding of the financial reports that aid in drawing useful qualitative and quantitative inferences from an annual report. The program provides meaningful interpretation and analysis of balance sheets, income statements, and cash flow statements to discern a company's investment qualities.

Day 1
1. Elements of subjectivity 2. Guiding structure
Inferences on management quality The laws that regulate Annual report structure
Management Discussion & Analysis – Different strokes Process of consolidation – some fundamentals
Director’s reports – structure and key observations Understanding the corporate structure
Understanding the nature of key accounting policies Why are corporate structures important?
Auditors’ report
How to gauge management quality? The key pointers
3. Financial evaluations 4. Case Study
Capital Employed Evaluation of an annual report. A Classroom exercise.
Capital intensity
Margin profiles
Volume profiles
Industry leverage
RoCE and RoE decomposition

Participants attending the entire course shall be eligible to receive Participation Certificate from the BSE Institute Ltd.
  • Investment Bankers
  • Equity Analysts
  • Corporate Finance professionals
  • 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. 5,425.00 + Applicable Taxes per participant inclusive of tuition fees, and (morning / evening) refreshments only.

    For further details regarding contents,