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Institute of Advanced Technological and Commercial Studies

Skills

Analysing a company's financial health

Profitability, structure, cash position, repayment capacity: four readings of the same set of accounts, four different conclusions. Financial analysis teaches you to run them in order and to state a diagnosis both banker and director recognise.

Reading accounts the way a banker does

A credit application turns on a few ratios and on the coherence of the story around them. Computing them is a matter of method; knowing what they reveal is another matter, and that is where the skill lies. A rising margin with a falling cash position tells a precise story, which a trained analyst identifies in minutes. The programme teaches that reading on real West African company accounts, then extends it to business valuation.

  • Compute intermediate management balances and the key ratios
  • Diagnose financial equilibrium and working capital requirement
  • Build a twelve-month forecast cash plan
  • Prepare a funding application and argue repayment capacity

How far you go

You produce a full financial diagnosis with costed recommendations, and defend it before a credit committee. The ambition of a skill is measured by the act it authorises, then by the volume behind it.

teaching blocks
4

Catalogue rule: one credit is twenty-five hours of work, ten of them taught.

of taught instruction
760 h
credits in total
76
professional qualifications concerned
4

Where it is trained

Each row is a block from the official catalogue. The taught volume and the year of study are those of the filed programme, reproduced as they stand.

Teaching blockProgrammeTaught hoursYear
Financial analysis and diagnosisFinance and Accounting programme — Bac+5 level220 hYear 1
Corporate finance and valuationFinance and Accounting programme — Bac+5 level200 hYear 2
Management controlBusiness Management programme — Bac+3 level260 hYear 3
Financial management of the launchEntrepreneurship80 hYear 1

Where it gains its worth

The same act is valued differently depending on the level of responsibility: the table makes that visible.

Professional qualificationTarget occupationLevelTaught volume
Company Accountantsole accountant of an SME5 · Senior technician and supervisor700 h
Finance and Administration Managerfinance manager of an SME or subsidiary6 · Manager and professional800 h
Chief Financial OfficerCFO7 · Expert and executive700 h
Banking and Microfinance Client Adviserclient adviser4 · Skilled employee and operative400 h

Which programme takes you there

The same professional act can be reached by several routes. Compare volume, duration and amount.

ProgrammeLevelDurationFees
Finance and Accounting programme — Bac+5 levelMaster's degree2 years6 800 000 GNF per year
Business Management programme — Bac+3 levelBachelor's degree3 years4 800 000 GNF per year
EntrepreneurshipBachelor's degree18 months4 400 000 GNF per year

Before you decide

Do I need to keep accounts before I can analyse them?

You need to be able to read them, which the programme installs in year one with 240 taught hours of advanced accounting. Analysis follows on that base.

Are the case studies based on local companies?

Yes, on real West African organisations, with the traits that go with them: strong seasonality, long payment terms and a significant share of mobile payment.

Is mobile payment covered in its own right?

A full 160-hour taught block is devoted to it, together with financial inclusion: it has become a central component of the region's cash flows.

Analysing a company's financial health — Skills | IHETC — IHETC