The Philippine Star

Seminar on analyzing financial statements

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How to make sense of financial reports is the typical challenge faced by decisionma­kers. While many can read financial statements, only a few can correctly interpret and analyze the numbers to make the right decisions in board and management meetings.

To help you master financial statements, the Center for Global Best Practices will host a special program entitled “How to really read financial statements for board directors and decisionma­kers,” on July 26 and 27, at the Manila Marriott Hotel, Pasay City.

This is to help business owners, board directors and management make sense of the annual reports, income statement, balance sheet and statement of cash flows. You will be able to spot critical issues and ask smart questions that business owners and management need to know.

For a complete list of best practices programs visit www.cgbp.org or call Manila (+63 2) 8427148/59 and (+63 2) 556-8968/69, Baguio (+63 74) 4232914, Cebu (+63 32) 512-3106 or 07, or Legazpi (+63 52) 7360148.

This special program will feature one of the “Most Accurate Forecaster­s” in the world, Jonathan Ravelas. He is also the chief market strategist of the largest commercial bank in the Philippine­s – BDO. His valuable insights and analysis on the financial performanc­e of companies and the equities market are well sought after, with his commentari­es appearing in Asian Wall Street Journal, Business World and Philippine Daily Inquirer newspapers and televised interviews on ANC, Bloomberg and BBC.

This will also feature Mary Jane Rosales, CPA, CIA, former president of The Institute of Internal Auditors in the Philippine­s (2008). She has a mastery of finance, having spent most of her career handling controller­ship and risk management functions in Petron Corp.

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