Date: 2/17/2021
Event start time: 12:00 PM
Event end time: 4:00 PM
Category: Seminar
Price: Members - $395; Non-Members $445
Register

Working With Earnings  (4 Hour Live Virtual Workshop)

Wednesday, February 17, 12 pm - 4 pm ET 
 

Developing Skills Level
Prerequisites: Financial Information Essentials or equivalent knowledge

Take your understanding and analytical skills to the next level. We start with a reminder of shareholder value before considering what your key target audiences really want from earnings releases.  We look at analyzing the balance sheet in terms of capital structure and capital allocation (including levels of debt and signs of financial distress). We also look at profitability, including how profits convert to cash flows and free cash generation.  Everything you need to help you ask the right questions and add value to the earnings process.


LEARNING OBJECTIVES

  • Be able to understand and evaluate earnings
  • Appreciate why investors, analysts and the media ask the questions they do
  • Contribute effectively to the earnings communication process

COURSE PROGRAM

Financial Information in Practice
  • Financial statements recap
  • Reminder of how analysts, investors and journalists use financial information
  • The link with shareholder value
Balance Sheets & Funding
  • Key points to look for in a balance sheet
  • Leverage metrics and what they tell you
  • Capital allocation – has it been worthwhile?
Profitability & Cash Generation
  • Adjusting for one-off items (non-GAAP metrics/adjusted profits)
  • Key issue that impact profits (prices, volumes, currencies, M&A etc)
  • Free cash flow generation
Pulling it All Together
  • Key metrics for commentators and how they use them
  • Spotting the red flags

WHAT'S INCLUDED?

  • Access to a virtual classroom with an online course to help you consolidate your learning after the workshop
  • Color-coded course materials
  • A copy of The FinanceTalking Financial Glossary (pdf)
  • Email or phone your tutor if you have questions or you’d like to discuss further any concepts covered on the course

AN INTERACTIVE EXPERIENCE USING SIMPLE TECHNOLOGY

  • Small group, interactive workshops delivered using Zoom
  • Access the event on your laptop or tablet (or even your phone)
  • Discussions and case studies via breakout groups
  • Quizzes and polls

Questions? Contact us at prodev@niri.org.
IRC
® credential holders can earn 2 professional development units (PDUs). More information is available at www.niri.org/certification.

All cancellation and refund requests must be submitted in writing via email to ProfessionalDevelopment@niri.org. Cancellation requests received up to 2 weeks (10 business days) before the event will be refunded in full, less a $50 administrative fee. No refunds will be given for cancellation or postponement requests received within 2 weeks (10 business days) of the event, including no-shows. All refunds will be processed within 10 business days of confirmation and in the same manner as original payment.
 


Speaker(s):

Miranda Lane

Miranda Lane

Managing Director, FinanceTalking, Ltd.

Miranda has 16 years’ experience of teaching finance to people who do not have a financial background.  This and her broad City experience in investment banking and financial communications enable her to explain complex subjects in simple ways.
  • Qualified as a Chartered Accountant in 1985 with Touche Ross in London
  • Worked for investment bank, Morgan Grenfell, analysing companies
  • Financial PR and Investor Relations in two leading consultancies
  • Gained invaluable experience freelancing for a City training company, teaching analysis of financial statements and equity analysis
  • Over the last 16 years, Miranda has taught people from well over 50% of the FTSE100 companies, and most of the leading financial PR consultancies in the UK as well as companies from continental Europe, Asia, the Middle East, Russia and Ukraine.
Miranda founded FinanceTalking to provide the best financial training to the corporate communications world.  She designs and teaches highly relevant, practical courses for FinanceTalking and for companies' in-house training programmes.