Navigating Financial Statements
NFS
Duration: Up to three months
Price: $585
How it works: Study online. With a difference.
Start date: Immediately, or whenever you’re ready.
Entry requirements: No formal prerequisites | Some equipment needed
Qualification type: Non-accredited
Gain analytical knowledge and skills
Learn to assess the financial health of an organisation
Fit your learning neatly around existing commitments
Gain analytical knowledge and skills
Learn to assess the financial health of an organisation
Fit your learning neatly around existing commitments
Course Summary
Navigating financial statements training. For the real world.
This course has been developed to provide you with financial statement analysis training of real companies including Woolworths and Wesfarmers. To highlight key areas throughout the course, we also include companies such as Microsoft, Harley Davison, Ford Motor Company, Walt Disney and McDonalds. Learning aside, you’ll also enjoy unrivalled support and absolute flexibility at every stage of your journey with us. It’s all part of our commitment to invest in innovative, real-world learning.
Many organisations can appear successful despite having underlying structural problems. A simple financial assessment of the organisations key statements can reveal the strengths and importantly, weaknesses of an organisation. In a management role, knowing the critical pieces of information from financial statements is important for sound decision making. Management is an immensely satisfying career path, with varying levels of management and leadership roles, depending on the size of the business. Upon completing this course, there are a variety of career paths you can take:
Key opportunities include:
Senior manager
Business analyst
Head of strategy
Head of product and service
Head of innovation
CEO
COO
Is there a maximum course completion time?
Yes; up to three months for the whole course.
Is there a minimum course completion time?
No. Students can complete the course as quickly as they choose.
What is the average course completion time-frame?
Students who are highly motivated and well organised can often complete the full course in four to six weeks. Other students take the entire three months. The key factors that influence course completion are a student’s experience, time availability, and work rate.
You’ll get:
Easy-to-follow course materials
Videos and webinars
Heaps of support from your course trainers (phone, email, Skype, Zoom)
A dedicated admin team on hand to guide you
Online assessments
Student Facebook group
How does it work?
This course has been developed to give you absolute flexibility. Study on your couch, on public transport, on your break at work, out in the park – wherever and whenever you like. The best part is, with Monarch Institute, ‘online’ doesn’t mean ‘alone’. You’ll be backed by our trainers at every step along the way.
What support will I get?
Your trainer will be happy to contact you via phone, Skype, Zoom, TeamViewer, or email (Monday to Friday, 9am to 5.30pm). So you definitely won’t feel alone. You’ll also have access to our student Facebook groups, so you can discuss the material with other students. It’s a handy way to stay in touch with trainers and others in the same course.
Do you offer corporate workshops?
Yes. We’re the corporate training partner of choice for several large organisations. Our trainers can also conduct onsite training for groups of six staff or more. Corporate workshops can be scheduled for any location in Australia. Got a new satellite office with staff in need of training? Running a training retreat in an idyllic location (yes please!)? Our trainers can be there. Corporate workshops are tailored to your organisation’s needs. Get in touch with our friendly course consultants for more information.
Our sector-leading academics and course trainers have developed a course assessment framework that is uniquely designed to help you gain a deep understanding of the course segments and, importantly, give you real-world insight, knowledge and skills.
Immediately, or whenever you’re ready.
Get in touch about enrolling
"Well laid out course with easy to understand instructions. Trainers/assessors are helpful and friendly. If I decide to do my diploma I’ll definitely be using Monarch again. They’re worth it."
- Lauren R, Monarch Institute graduate
Entry requirements
There aren’t any formal prerequisites. But to make sure you get the most out of training with us, the following enrolment process applies:
Once we receive your enrolment, our friendly course consultants will touch base to undertake a pre-training review to ensure the training is right for you.
For students without an equal or higher level qualification, there’s a short language, literacy and numeracy quiz you complete online.
You will need access to the following equipment to successfully complete the course:
Working computer with Microsoft Office (2009 or later)
Access to the internet
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Pathways
This will assist in any further study you undertake in the financial planning or accounting and bookkeeping fields. You’ll learn some of the key terms you’ll use in everyday practice.
Analyse real companies
This course has been developed to provide you with financial statement analysis training of real companies, including Woolworths and Wesfarmers.
Enhance your decision making
The Navigating Financial Statements course will equip you with the knowledge, confidence and skills required to ensure you can use financial statements for decision making.
No accounting background required
This course provides a practical guide to successfully develop your understanding of financial statements, in order to make decisions about the financial health of an organisation.
Navigating financial statements training. For the real world.
This course has been developed to provide you with financial statement analysis training of real companies including Woolworths and Wesfarmers. To highlight key areas throughout the course, we also include companies such as Microsoft, Harley Davison, Ford Motor Company, Walt Disney and McDonalds. Learning aside, you’ll also enjoy unrivalled support and absolute flexibility at every stage of your journey with us. It’s all part of our commitment to invest in innovative, real-world learning.
Check out our reviews
Frequently Asked Questions
Managers who need to read a balance sheet without an accounting background will find this course a strong fit. It also suits business owners assessing their own numbers and anyone weighing up an investment or a supplier’s stability. No accounting knowledge is necessary before you start, since we teach financial statements as a practical skill. There are no formal prerequisites either.
Organisations can look successful while carrying structural problems underneath, and the statements are where those problems show. You’ll learn to assess an organisation’s financial health from its balance sheet, work out how well it manages its assets and debt, and read what its cash flow statement actually tells you. That knowledge changes how you judge a supplier, a competitor or your own operation.
Yes. You’ll work through course materials online at your own pace. Your trainer will answer your questions on weekdays between 9am and 5.30pm by phone, Zoom or email, and our student Facebook group connects you with others taking the course. You’ll need a working computer with Microsoft Office and internet access.
You’ll analyse the financial statements of real companies, including Woolworths and Wesfarmers, with examples drawn from Microsoft, Ford, McDonald’s and Walt Disney to illustrate specific points. Across the segments, you’ll cover profitability, debt management, asset management and market performance, plus common-size statements, which let you compare organisations of different sizes fairly.
Yes. Knowing which figures matter in a set of statements is part of good decision-making at any level of management. Business owners get the same value from a different angle, since the analysis applies as readily to your own accounts as to anyone else’s. The course also helps if you’re studying towards financial planning or accounting later, as you’ll learn terms you’d use daily in either field.
You have up to three months, with no minimum period. Motivated students often finish in four to six weeks, while others take the full three months. How quickly you work through it depends on your experience, the time you have available and your work rate. You’ll set your own schedule throughout.
Fees