Every firm must carry out a ‘SWOT ‘analysis that is, evaluate its Strengths, Weaknesses, Opportunities and Threats. After carrying out a ‘SWOT ‘analysis, a firm can now set the goals that it aims to achieve. The goals that a firm aims at achieving depend on its abilities analyzed through a well researched ‘SWOT’ analysis. Once a firm discovers what it is capable of then it can start implementing its objectives. This refers to the collection of core training activities common to all doctoral programs that are designed to help students acquire a range of transferable research skills that will help them progress in their doctoral research and teaching activity. Students are required to engage in at least 60 hours of training in these skills throughout their program. The student will need to enroll in these courses separately.
Students will be encouraged to consider specific businesses from the viewpoint of a financial analyst. The module focuses on the skills needed to extract useful information to understand and analyse the three key financial statements in the context of company specific factors, industry specific factors and the wider economy. Students will look at the context of financial statements, they will develop an understanding of the conceptual framework and the role of the financial statements in meeting the needs of users. Students will consider the information available on companies in the public domain and the importance of considering financial statements in context. The three financial statements will be considered in turn and students will calculate accounting extracts and adjustments and develop an understanding of the influence of accounting policies on the preparation and presentation of the financials. Students will calculate ratio’s and discuss the benefit of these as an analytical tool.
What is the solution to this dilemma? After all, you should realize as your banker already has that you also can make substantial profits by being prepared to do this. As noted above, the potential areas for your company to benefit by getting better at this extend well beyond banks to include suppliers and customers (among others).