Financial Statements Analysis of State-Owned Enterprises and Parastatals

Good governance of state-owned enterprises (SOEs) and parastatals strengthens public governance as a whole through greater transparency. Public enterprises must be subject to the same accounting and auditing standards as listed companies and must disseminate financial and non-financial information in accordance with rigorous and internationally recognised standards.
This seminar focuses on methods of analysing and interpreting financial statements and annual reports of SOEs and parastatals based on good governance practices.


Download the seminar description Discover our advantages
In-House Training

Would you like to train more than 7 members of your team on this topic? We can visit your organisation, host your group at one of our centers, or organise virtual training. Contact us to discuss your requirements or request a quote online.

Register for our next sessions

At present, no sessions are scheduled at our training centers.

Can't find the dates you want?

Let us know if you’re interested in the next session, or would like advice on a similar topic, and let us know when and where you’d like to meet.

Contact

Practical Objectives:

  • Strengthen the knowledge required for rigorous financial administration of SOEs and parastatals.
  • Ability to analyse and interpret the financial statements and annual reports of SOEs and parastatals.
  • Understand the techniques and tools to judge the performance of SOEs and parastatals.
  • Ability to assess the financial viability of investment projects and their effects on SOEs and parastatals.

Training Seminar Topics

Introduction

Definition and objectives of the public enterprise. Notions of performance (definition and impact of the environment). Principles of Managing for Results. Performance indicators.

Financial Analysis

Definition, history, objectives and basic principles. Financial statements (balance sheet, income statement, cash flow statement). Main items. Interrelationships.

International Financial Reporting Standards (IFRS)

Basic concepts, International Accounting Standards (IAS) and International Public Sector Accounting Standards (IPSAS). Transition to IFRS.

Financial Statements Analysis

Process. Vertical analysis. Horizontal analysis. Ratio calculation and interpretation: liquidity, financial structure/ leverage and profitability ratios.

Evaluation of Investment Projects

Identification and principles for the evaluation of investment projects. Decision Criterias: Internal Rate of Return (IRR) and Net Present Value (NPV). Effects of investment projects on SOE’s and parastatals.